Monday will be a construction update, followed by the combined discussion/business meeting. Here is the problem. There is no agenda posted or available to the public. The summer months are when raises are passed, change orders are snuck in, as well as other important issues. July is also when Josephine Posti gets giddy over the tax liens list that becomes public information.
So all this will be happening on Monday, and no agenda has been posted.
Update 1:01 PM The school district website is now up. The agenda for Monday's meeting is available here.
Update 1:30 PM No biggie. Second bond issue is an action item.
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"Second Bond Issue for High School Project – The High School Renovation Project
Budget totals $109,650,000 of which only $75,000,000 has been funded through the
initial 2009 Bond Issue. With the pace of the project, the balance of funding must now
be considered. There is $1.7 million in a Capital Fund for asbestos removal which
should be dedicated to this project since that was what the funding was originally
dedicated towards. Utilizing these funds leaves a gap of $32,950,000 which can be
funded by a new bond issue. The size of that bond issue could be reduced if the Board
desires by using some of the funds either in the General Capital Projects account or by
excess funds not utilized for operations in the General Fund from 2011, 2012 and
estimated from 2013. The Superintendent recommends the Board discuss the size of
the bond issue borrowing and authorize Janney Capital Markets and Houston Harbaugh
to proceed towards bond issuance over the next month. The Board will have to take
action to approve the sale of the Bonds either at the August Board meeting or at some
later date if market conditions indicate that waiting would be in the best interest of the
District."