MENA SCHOOL BOARD MEETING
ADMINISTRATION BUILDING BOARD ROOM
TUESDAY, MARCH 17, 2020
MINUTES
The meeting was called to order at 7:00 p.m.
Members present: Susan Rowell, Clint Montgomery, Edd Puckett, Kyle Cannon and Todd Aynes.
Members absent: Phillip Wilson and Robert Hines
Kyle Cannon made a motion to approve the minutes as read. Susan Rowell seconded the motion and motion carried unanimously.
In the Superintendent’s Report, Mr. Weston presented a Mitigation Report to the Board per guidance and direction of the Governor, DESE, and CDC.
Mr. Weston presented the Arkansas School Boards Association Model Policy Service Contract renewal effective the first day of February, 2020 and terminating on the last day of January, 2022, in the amount of $2,850.00. Kyle Cannon made a motion to approve the ASBA renewal in the amount of $2,850.00. Susan Rowell seconded the motion and motion carried unanimously.
Kyle Cannon read: School Choice Capacity Resolution for school choice applicants for the 2020-2021 school-year under the provisions of policy 4.5 - School Choice and applicable Arkansas Law. Kyle Cannon made a motion to approve the School Choice Capacity Resolution. Clint Montgomery seconded the motion and motion passed unanimously.
Mr. Weston asked Ray Beardsley of First Security Beardsley, a Division of Crews & Associates, in Little Rock, Arkansas, to inform the board of refunding bond bids. Mr. Beardsley presented information to the Board regarding the 3 quarters bond interest.
Kyle Cannon read and made the following motion: To submit an “Application for a Permit to Issue Bonds”, with related documents, for $14,830,000 in Refunding Boards to the State Department of Education and to employ First Security Beardsley as Fiscal Agent, and to authorize the Superintendent of Schools to accept or reject the best bid submitted in connection with the publics sale of the proposed bonds in consultation with the fiscal agent. Susan Rowell seconded the motion and motion carried unanimously.
Kyle Cannon read and made the following motion: To submit an “Application for a Permit to Issue Bonds”, with related documents, for $5,650,000 in Refunding Bonds to the State Department of Education and to employ First Security Beardsley as Fiscal Agent, and to authorize the Superintendent of Schools to accept or reject the best bid submitted in connection with the public sale of the proposed bonds in consultation with the fiscal agent. Edd Puckett seconded the motion and motion carried unanimously.
The previous two items would only occur as the market improves and an agreement is reached between the Superintendent and the fiscal agent.
Kyle Cannon read and made the following motion: To employ First Security Beardsley as Financial Advisor for a period of three (3) years effecitve as of the date of adoption. Clint Montgomery seconded the motion and motion carried unanimously.
Edd Puckett made a motion to approve financial reports. Kyle Cannon seconded the motion and motion carried unanimously.
Mr. Weston recommended the resignation of Geraldine Krudwig - Secondary English, Mena High School.
Kyle Cannon made a motion to approve Mr. Weston’s retirement recommendation. Susan Rowell seconded the motion and motion carried unanimously.
With no further business, Edd Puckett moved for adjournment, Kyle Cannon seconded and meeting adjourned at 7:50 p.m..