CC-C Area Schools moves forward with bond work, refinances current bonds


By Lonnie Allen • Last Updated 1:22 pm on Thursday, May 17, 2012

CARSON CITY — After voters approved a bond earlier this month, Carson City-Crystal Area Schools Interim Superintendent Duane Ellis said it’s time to fulfill the school’s promise to the community.

“What happens next is that we have to start planning for the construction that we promised,” said Ellis at Monday night’s school board meeting. “We like to really have stuff done as quickly as possible.”

Voters approved two ballot proposals on May 8 for the Carson City-Crystal school district. Work on a 2-mill bond proposal to generate $995,000 over two years for building and site improvements is expected to start early this summer and finish by October with some parts finished by the start of this fall’s school year.

The bond passage will provide funds for the conversion of boilers in the high school and middle school and work on elementary school restrooms, roof and entrance.

The school board also approved the bid for refinancing current bonds. Ellis said they refinanced all existing debt to a lower interest rate to save taxpayer money. The refinanced rate is 1.41 percent compared to the previous rate of 4.32 percent.  The interest rate saved is 2.9 percent, which helps saves taxpayers $188,787.

However, the refinancing doesn’t give the school system extra funds.

“It doesn’t benefit the school,” Ellis said. “We don’t get more money, but it avoids incurring cost for our taxpayers.”

The board also passed a resolution amending school board bylaws and the board member rotation schedule to adopt six-year terms.

Board President Tom Wilcox said the reason for a change to the bylaws was because the state changed the law to only hold elections in November on even number years. By changing the terms from four to six-year terms, the school board can avoid having a majority of seats to fill during election years.

“By going to six-year terms instead of four-year terms, we could spread it out where one year there is three members up for renewal and another when there is two,” Wilcox said. “If we don’t do this, the board would have to renew four seats at the same time and we want to avoid doing this.”

The board also voted to rescind the appointment of Todd Butler to fill the position of school board member Susan Hogan who is leaving in June. Wilcox said Butler could run for a board member and be elected, but if he were appointed to the board, Wilcox said he feels that the board would lose credibility because they appointed someone who doesn’t send their children to school in this district.

The board also approved the increase of meals following new government regulations on reimbursement. Elementary level student meal prices will rise to $2 and $2.35 through the 12th grade. Meal prices will remain $2.25 grades four and five. There also will be an increase of 5 cents for milk and 10 cents for breakfast.

 

About the Author
Follow Us
Rate this Article
VN:R_U [1.9.10_1130]
Rating: 0 (from 0 votes)