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Board
of Education
Andrea Robare
, President
Craig Jackson, Vice President
Phyllis Klein
Scott Sayward
Bruce Hale
Willsboro
Central
School
Regular Meeting
Board of Education
November 13, 2007
Members Present:
Andrea Robare
, President
Craig Jackson, Vice President
Phyllis Klein
Bruce Hale
Members
Absent:
Scott Sayward
Others
Present:
Stephen Broadwell, Superintendent of Schools
Brandy
Sweatt, District Clerk
Ben Rowe, Student Liaison
Nancy Randall
Laura
Bridge
Executive
Session
Motion by Phyllis Klein,
seconded by Craig Jackson, voted and carried (4-0) to enter into
executive session at 6:01pm to discuss personnel.
Motion by Bruce Hale, seconded by Phyllis Klein, voted and carried (4-0)
to end executive session at 6:25pm.
Meeting was called to order at 6:28pm, by
Andrea Robare
.
The board received a presentation on Ed-Line by student representative
Ben Rowe.
New
Business
Motion by Craig Jackson,
seconded by Phyllis Klein, voted and carried (4-0) to accept the
donation of a baby grand piano from George and Leslie Hearn.
Motion by Phyllis Klein, seconded by Craig Jackson, voted and carried
(4-0) to approve the attendance of Bruce Hale and Stephen Broadwell at
the CFES conference in Bolton Landing on November 16th and 17th.
Motion by Phyllis Klein, seconded by Bruce Hale, voted and carried (4-0)
to approve the bond resolution as follows:
BOND
RESOLUTION DATED November 13, 2007
BOND
RESOLUTION OF THE BOARD OF EDUCATION OF THE WILLSBORO
CENTRAL SCHOOL DISTRICT, ESSEX COUNTY, NEW YORK (THE “DISTRICT”)
AUTHORIZING THE ISSUANCE OF $233,000 IN SERIAL BONDS OF THE DISTRICT TO
FINANCE THE CONSTRUCTION OF ALTERATIONS, RENOVATIONS AND IMPROVEMENTS TO
THE DISTRICT’S EXISTING SCHOOL BUILDING
WHEREAS, the qualified voters of the Willsboro
Central School District, Essex County, New York (the “District”) on
October 23, 2007 approved a proposition authorizing the Board of
Education (the “Board”) of the District to undertake a
capital improvement project consisting of the construction of
alterations, renovations and improvements to the District’s existing
K-12 school building to consist of technology and security system
improvements, including other appurtenant and related improvements, and
the acquisition and installation in and around the foregoing
improvements of original furnishings, equipment, machinery, and
apparatus, and other services incidental thereto (collectively, the
“Project”), all at a total estimated cost of $233,000, such cost
to be raised by a tax upon the taxable property of the District to be
levied and collected in annual installments as provided by Section 416
of the Education Law, with such tax to be partially offset by State aid
available therefore, and in anticipation of such tax, the District shall
be authorized to issue obligations of the District; and
WHEREAS,
the Board of Education of the District, acting as lead agency under the
State Environmental Quality Review Act and the regulations of the New
York State Department of Environmental Conservation adopted thereunder
(collectively, “SEQRA”), by resolution adopted May 22, 2007,
determined that the Project constitutes a “Type II” action within
the meaning of SEQRA, and that it will not have a significant impact on
the environment, and that no further actions or proceedings are required
to be taken under SEQRA; and
WHEREAS,
the Board of the District now wishes to appropriate funds for the
Project and to authorize the issuance of the District’s serial bonds
or bond anticipation notes to finance said appropriation.
NOW,
THEREFORE, THE BOARD OF EDUCATION OF THE DISTRICT HEREBY RESOLVES (by
the favorable vote of at least two-thirds of all the members of the
Board), AS FOLLOWS:
SECTION
1. The District is hereby authorized to undertake the Project, and
to issue up to $233,000 principal amount of serial bonds (the
“Bonds”) pursuant to the provisions of the Local Finance Law,
constituting Chapter 33-a of the Consolidated Laws of the State of New
York (the “Law”) to finance the estimated cost of said specific
objects or purposes, or bond anticipation notes in anticipation of the
Bonds.
SECTION
2. It is hereby determined that the estimated maximum aggregate
cost of the aforesaid specific objects or purposes is $233,000, said
amount is hereby appropriated therefore and the plan for the financing
thereof shall consist of the issuance of up to $233,000 in serial bonds
of the District authorized to be issued pursuant to this resolution, or
bond anticipation notes issued in anticipation of the Bonds.
SECTION
3. It is hereby determined that the period of probable usefulness
of the aforesaid specific objects or purposes is thirty (30) years,
pursuant to subdivision a.97. of Section 11.00 of the Law.
SECTION
4. The temporary use of available funds of the District, not
immediately required for the purpose or purposes for which the same were
borrowed, raised or otherwise created, is hereby authorized pursuant to
Section 165.10 of the Law, for the capital purposes described in Section
1 of this resolution. This resolution shall constitute a
declaration of official intent to reimburse the expenditures authorized
by Section 1 hereof with the proceeds of the Bonds and bond anticipation
notes authorized herein, as required by United States Treasury
Regulation Section 1.150-2.
SECTION
5. Each of the serial bonds authorized by this resolution and any
bond anticipation notes issued in anticipation of the Bonds shall
contain the recital of validity prescribed by Section 52.00 of the
Law and the said serial bonds and any bond anticipation notes issued in
anticipation of the Bonds shall be general obligations of the District,
payable as to both principal and interest by a general tax upon all the
real property within the District without legal or constitutional
limitation as to rate or amount. The faith and credit of the
District are hereby irrevocably pledged to the punctual payment of the
principal and interest on the Bonds and bond anticipation notes and
provisions shall be made annually in the budget of the District by
appropriation for (a) the amortization and redemption of the Bonds and
bond anticipation notes to mature in such year and (b) the payment of
interest to be due and payable in such year.
SECTION
6. Subject to the provisions of this resolution and of the Law,
pursuant to the provisions of Section 30.00 relative to the
authorization of the issuance of bond anticipation notes or the renewals
of said obligations and of Section 21.00, Section 50.00, Section 54.90,
Sections 56.00 through 60.00 and Sections 62.10 and 63.00 of the Law,
the powers and duties of the Board relative to authorizing serial bonds
and bond anticipation notes, including without limitation the
determination of whether to issue bonds having substantially level or
declining debt service, and all matters incidental thereto, and
prescribing the terms, form and contents as to the sale and issuance of
bonds herein authorized and of any bond anticipation notes issued in
anticipation of the Bonds, and the renewals of said bond anticipation
notes, are hereby delegated to the President of the Board, the Chief
Fiscal Officer of the District. The delegation of authority to the
President of the Board contained in this Section 6 shall include the
authority to determine whether to issue and sell the Bonds in a private
sale to the Dormitory Authority of the State of
New York
in accordance with Section 57.00(a) of the Law. In connection
with, and in order to effectuate any such private sale of the Bonds to
the Dormitory Authority of the State of New York pursuant to Section
57.00(a) of the Law, the President of the Board is hereby further
authorized to execute one or more loan agreements, financing agreements
and/or any other agreements with or for the benefit of the Dormitory
Authority of the State of New York, including any amendments thereto and
any instruments, certificates or other documents in connection
therewith. Further, pursuant to subdivision b. of Section 11.00 of
the Law, in the event that bonds to be issued for one or more of the
objects or purposes authorized by this resolution are combined for sale,
pursuant to subdivision c. of Section 57.00 of the Law, with bonds to be
issued for one or more objects or purposes authorized by other
resolutions of the Board of Education of the District, then the power of
the Board to determine the “weighted average period of probable
usefulness” (within the meaning of subdivision a. of Section 11.00 of
the Law) for such combined objects or purposes is hereby delegated to
the President of the Board, as the chief fiscal officer of the District.
SECTION
7. The President of the Board is hereby further authorized to take
such actions and execute such documents as may be necessary to ensure
the continued status of the interest on the bonds authorized by this
resolution and any bond anticipation notes issued in anticipation
thereof, as excludable from gross income for federal income tax purposes
pursuant to Section 103 of the Internal Revenue Code of 1986, as amended
(the “Code”) and to designate the bonds authorized by this
resolution and any bond anticipation notes issued in anticipation
thereof, if applicable, as “qualified tax-exempt bonds” in
accordance with Section 265(b)(3)(B)(i) of the Code.
SECTION
8. The intent of this resolution is to give the President of the
Board sufficient authority to execute those applications, agreements,
instruments, certificates or to do any similar acts necessary or in the
opinion of the President of the Board advisable to effect the issuance
of the Bonds or bond anticipation notes without resorting to further
action of the Board.
SECTION
9. The District Clerk is hereby authorized and directed to cause a
copy of this resolution to be published in full in an official newspaper
of the District for legal notices, together with a notice of the
District in substantially the form provided in Section 81.00 of the Law.
SECTION
10. The validity of the Bonds authorized by this resolution and of
any bond anticipation notes issued in anticipation of the Bonds may be
contested only if:
(a)
such obligations are authorized for an object or purpose for which the
District is not authorized to expend money; or
(b)
the provisions of law which should be complied with at the date of the
publication of such resolution are not substantially complied with,
and an action, suit or proceeding contesting such validity is commenced
within twenty (20) days after the date of such publication; or
(c)
such obligations are authorized in violation of the provisions of the
Constitution.
SECTION 11. This resolution shall take effect immediately upon its
adoption.
The
following vote was taken and recorded in the public or open session of
said meeting, which resulted as follows:
AYES:
NAYS:
ABSENT:
4
1
Business
& Finance
Motion by Craig Jackson,
seconded by Phyllis Klein, voted and carried (4-0) to approve the 2007
-2008 school tax roll corrections. The changes reflect errors from
the assessor’s office and have been recommended for approval by the
Office of Real Property.
Motion by Craig Jackson, seconded by Phyllis Klein, voted and carried
(4-0) to approve the school tax refunds as presented.
Reports from the
Superintendent
- Senior
class Spaghetti Dinner, November 27th @ 4:30pm.
- SEI
Design Group made a DVD with all of the school designs and floor
plans on it.
- Playground
Committee is working on designing and purchasing some new playground
equipment.
- Roof
leaks in the elementary wing, solution may be to put hoods on the
roof vents.
- Our
10th grade students are going to challenge the 10th
graders at
Peru
to a “Global Challenge”. Each class will receive ½ of a
globe and whichever class scores higher on their regent’s exam
will be the winners and receive the whole globe.
- CVFS
– uses our Auditorium during the winter months to show movies, a
representative of that organization will be responsible for the
building and security.
Adjournment
Motion by Craig Jackson,
seconded by Phyllis Klein, voted and carried (4-0) to adjourn the
meeting at 6:51pm.
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