Board of Education Special School Board Meeting
Southeast Valley Community School District
Tuesday, November 14, 2023
Southeast Valley Central Office
12:15 PM
The Board of Education of Southeast Valley Community School District met in a special session. President Miller called the meeting to order at 12:15 PM
Roll Call:
SV: Shannon Miller, Allan Wicklein, Katie VanSickle, Sean Stewart, Joni Hefley, Jeff Ackerson, Jim Carlson
Absent: None
Public Participation: None at this time.
Motion by VanSickle, seconded by Stewart to approve the consent agenda items, including the agenda and personnel as presented. Personnel included the hiring of Mark Graves as the third Jr. High Boys Basketball Coach, Courtney Langner as Basketball Cheer Sponsor and Julie Mosher as Elementary Nurse.
Ayes: Miller, Wicklein, VanSickle, Stewart, Carlson, Hefley, Ackerson
Nays: None
Motion carries 7-0
Motion by Carlson, seconded by Ackerson to pass the “Form of Authorizing Resolution” for Wells Fargo Bank allowing the Board Secretary/Treasurer to be authorized and directed to execute and the Board President is authorized and directed to attest and countersign the Agreement and the Supplement and any related Exhibits to deliver the Agreement and the Supplement to the respective parties thereto and the Board Secretary is authorized to affix the seal of the district to such documents. Resolution allows for the Board Secretary and Board President to execute the documents from Wells Fargo Equipment Financing to complete the process of the lease purchase of the buses in the total amount of $898,549.00 and authorizing the upfront advance payment of $188,799.00 required to execute the lease. The board acknowledges that the district borrowing will not exceed $10 Million.
Ayes: Miller, Wicklein, VanSickle, Carlson, Hefley, Ackerson
Nays: None
Motion carries 7-0
Motion by VanSickle, seconded by Stewart to pass the Authorizing Resolution for American Financial Network, Inc. to enter into a lease agreement in the amount of $972,961.92 over 10 years, as well as a processing / documentation fee of $695.
The resolution set forth authorizes the Board Secretary and Board President to jointly execute the needed documentation for the lease / purchase agreement, and to sign on behalf of Southeast Valley Schools on all related documentation as needed. The Board Secretary is authorized to accept the terms set forth in the proposal, and sign all documentation to confirm that the school will enter into the agreement. All paperwork related to the actual funding will be signed by the Board Secretary and Board President.
Ayes: Miller, Wicklein, VanSickle, Carlson, Hefley, Ackerson
Nays: None
Motion carries 7-0
Motion by Stewart, seconded by VanSickle to adjourn.
Ayes: Miller, Wicklein, VanSickle, Carlson, Hefley, Ackerson
Nays: None
Motion carries 7-0
____________________________ _________________________________
Board Secretary Board President