001Are we ready? Okay, I'd like to call the meeting of the West Iron Community Schools Board of Education to order. Katie, will you note the roll? Is there a motion to adopt the June 2022 June 22nd, 2026 regular board meeting agenda. Uh motion has been made by Jill and a second by Lonnie. Is there any discussion? All those in favor say I. All opposed, same sign. The motion carries. Um this is our open forum. This is the time at every board meeting when members of the public may speak to the board. Please note a citizen must state his or her name and address for the public record and may have up to 5 minutes to speak. Um has anyone signed up to speak? Is there any No, I was Is there anyone here who would
002like to speak? All right. Well, we do have a sign-up, but it's it's okay, you can speak. It's Yeah. All right, that's no problem. This is just like our courtroom, so Can you hear me? Okay. My name is Molly Carstens. I live at 4949 Woodland Avenue. We are potentially attending Crossroads Elementary um in kinder to go into kindergarten. Um I just appreciate the opportunity to speak tonight. I attended your guys's workshop before this meeting um and I wanted to continue the or the conversation about special education staffing and how we can better support the students and families. I understand schools are facing challenges, especially when it comes to funding and staffing. But when we talk about solutions, I think we also need to ask, why are we truly or why are we truly including the
003families who are living this every day? If staffing is a concern, especially with nursing support, my daughter needs nursing to attend public school, and students with complex needs, why aren't families being given more opportunities to bring in their own nursing services or trusted supports when appropriate? Families know their children best and many of us have spent years learning how to advocate, coordinate care, and understand what our children need to succeed. I also want to ask why families and even students don't have more input on project teams and planning conversations like this. The people most impacted by decisions should have a seat at the table. Collaborating should not just happen after decisions are made, it should happen from the beginning. Special education is not a just about meeting requirements, it's about seeing the whole child, listening
004to families, and creating an environment where every student has the opportunity to learn, grow, and belong. I encourage the board to look at how we can build stronger partnerships with families and create a more flexible solution that support both staff and students. Thank you. Thank you for sharing your comments with us. The [clears throat] district will have someone reach out to you respond Sorry, we'll have someone respond to you. We can't respond in the meeting because it's not on the agenda. Okay? Um Okay, is there a motion to approve the consent agenda as presented? Second. Motion was made by Lila and a second by Anna. Is there any discussion? All those in favor say I. All opposed same sign. That motion carries. Um let's hear from our superintendent. It's going to be uh short and
005sweet uh for a couple reasons. I I've I've I've had a couple couple rough weeks. And uh one of the things that one of the things that I wanted to lift up is just some appreciation that needs to go around, not only at this table. Um I'm not good at this, and I think you all know this. I'm not good at the at at taking care of myself sometimes and balancing things. And you know, whether it was a conversation with board president or vice president or any of you and just some of the encouragement that you sent me uh saying, you know, Mike, thanks for just saying you're exactly where you need to be. Um I'm not saying you permission to me, but you made me feel better about uh knowing I I was where
006I needed to be. And uh uh Thank you for that. Jeff, you sent me a text message. All of you just kind of leaned into me for that. I also want to extend a thank you, and there's not very many people here today. They apparently I worked them too hard in the last 2 weeks, so they left town. But just so many people stood up, uh stepped up, and and took care of a business and when it needed to be attended to and the and you know, and and when you're when you're dealing with a family issue to to know that you can count on uh the work continuing to occur in the leadership team that we have, it was just it just made me feel good. So, I I know I loaded the cart
007on my superintendent report on June 8th, and I wasn't here to to hear the wonderful reports from so many people, uh but I just I did want to extend that uh appreciation and thank you and gratitude to the board and to the leadership team here at West Linn Schools for the last 2 weeks. And that concludes my report. Thank you. Um let's move on to committee reports, board policy. So, um we did um some really, really fun work going through financial policies. Um so, I was being sarcastic. It was not fun at all. But um so, we were just um there was just some uh language um changes. Um there was some policies, um, from like Department of Education wanted us to put in, um, like the time and effort reporting. Um, we also did,
008uh, we spent a little time to having conversations about, uh, the new policy. Um, the Sorry. Yeah, like qualifications. And, um, we talked about like is wanting to make sure that the policies are reading as policies and not like mission statements or or anything like that. So, we're just, um, I think that's all, Jeff. Is there anything else that you wanted to add? Thank you. What about facilities and finance? Yeah, I'll look to others to to chime in if they have anything. I mean, there I think there's a few commentary maybe as we go through each agenda item as normal that we can add some, um, context to. I think one just administrative update that we received that, um, in terms of how the administration Valley is look There was a survey that went out
009to families as they think about what graduation date Um, and so my understanding is administration is in Valley and whatever other stakeholders will be getting together, putting together a recommendation that that comes back to the board both in terms of when to have graduation and then possibly, um, looking at the if there's any change to the calendar as we think about the last graduation date. So, No decisions by any means at F&F. It was really just that's the process that it's going to be to come back to the board with a again with the recommendation is. Will it come back to the full board or A full board. Okay. So, it won't go to F&F first or Well, I mean, I it's if it's going to be an agenda item, it's I'm asking or is
010it going to be superintendent's report or and will be an actionable voting item cuz we're we'd be challenging changing the calendar? Yeah, I wasn't there for the conversation. Yeah, I mean I I mean my two cents is if it's a calendar, if that requires board approval, and then I think graduation is kind of baked into the I to me it should be a board conversation whether or not it's a vote if it's but it should be a full board conversation. Okay, great. That's what Now I I just I didn't want F&F like through the normal process. There could be conversation in F&F but then coming back to the full board for the discussion. Right. I'm that's why I was hoping it would come back to the full board. Um I sent several comments to people
011around the survey um where I think we could have used language a little bit more representative of our students and um just some other things that I think from my last F&F meeting I felt were different than what I understood the survey was going to exactly do. So, I've shared those just so the board knows that I've shared those comments with Steve. I've shared them with Rod and um Dr. Adams. Is there anything else from facilities and finance before we Okay. I don't have any. Okay, thank you. Um is there a motion to approve bills for payment for contemporary services? Second. A motion was made by Jill and a second by Anna. Is there any discussion? All those in favor say I. I. All opposed same sign. And we have an abstention. That motion carries.
012Is there a motion to approve bills for payment to Drake University? So moved. Was that Lonnie? It was Miss Anna. Okay. A motion made by Anna and a second by Jeff. Is there any discussion? All those in favor say I. I. All opposed same sign. And two abstentions. Is there a motion to approve bills for payment to the Iowa Department of Health and Human Services. So moved. Second. Okay, a motion is made by Anna and a second by Jill. Is there any discussion? All those in favor say I. I. All opposed same sign. One abstention and the motion carries. Is there a motion to approve the 2026-2027 student fee schedule? Motion was made by Jeff and a second by Mike. Is there any discussion? Yeah, um I'm not sure. I think it's removed in here
013about a mid-year increase for child care services and I didn't see that now in the final copy. Can F&F maybe discuss is that going to be removed? Is that something we're considering? I just think um budgets are tight for families and to not know, you know, what they're going to set for their academic year budget by switching something mid-year. I just That was something I was wanted to hear the discussion about. Yeah, I mean I'll there might not be consensus even of F&F committee members. My my position was I think we were just saying that there's going to be a mid-year review. I personally wouldn't want to take off the table the potential for some sort of increase without knowing what the the data is going to show. Um but I also wouldn't want to
014commit either way. So in my mind saying let's do a mid-year review and then let the the data and if there's fee increase it would come to the board for a So is that a normal practice for Kids West that we would increase something like if it's a step away from what our if it's different than what our if we've never done a mid-year fee adjustment to do it without some type of asterisks on the fee schedule that it is subject to change mid right? Like I'm just what is our normal course of action around that? Do we ever do mid-year? If we don't do mid-year, then how are we making sure families know that hey, it's possible even though in the past that hasn't happened. I just think as stuff is getting more expensive
015families are really having to make some tough choices. Yep. Since I was at F and F, I can speak to it. And what we talked about at F and F, and maybe we need to Just like Do you know what our history is? Yep. Okay. So, as a history since I've been here, which is over 5 years, we've not done a mid-year report out our fee increase. And so, that's where we talked about F and F doing a mid-year review and a report out, and then leaving it to the board to decide whether they wanted to do have an increase or discussion. But that way, since there's been some sensitivity around that, leaving that to the board to decide. And so, that is where we just kind of left it at report out on the
016final recommendation. So, like I agree with you, Jill. Like, I I think if if there's a potential for a fee increase, then I think it should be clear somehow that that's there's a there will be a review and there's a there's a potential. I just put it again, I may be in the minority, but I just don't wouldn't want to personally rule that out without knowing like what we're going to see with the data from a profitability standpoint. I don't disagree with that. And right, but I just also want to make sure we're being transparent with our families. And if you've been here 5 years, and I've been on the board 10, and I've never known us to do a mid-year. Yep. Everybody who's participating in Kids West has never had that. And so, it
017would be a a big change of practice. So, if we could somehow make sure that even on register somehow we're making note of that, I think it's only fair to our families. And that's when I talked with Ashley about that, that's what they did on the private sector and we talked about and the enrollment they'd put out information about what is going to happen and expectations. And so, our thought being that we'd bring something to you guys in a report out in December, so you had time to decide. And then, we want to make sure we're clear with families that it is a report out. But if something is drastically different, there could be action. Cuz I don't also don't want it. And then, we show decided in January because that's when people can set
018their dependent care. I think we can keep it really simple with families like fees are subject to change mid-year or something like that, but just make note of it. I don't think we have to like Okay. Yeah, I I don't I mean, I just but I think it would be disingenuous for us not to make a note of that since this is a change of practice. Nope, we'll make sure something is sent out with it. Okay. The only other comment I would have is my two cents was I think the having some of the philosophy statement was a step in the right direction. I I still think it could benefit from a little bit more meat behind it, but I really appreciate the the thought cuz I think it does help drive the again, it
019becomes more of we agree on the philosophy, and then the the math is the math, but we we're aligned on philosophically. So, appreciate the work in relatively short well, two weeks to turn that around. So, thanks. Yeah, I appreciated adding that from our first go round at F&F. I will say like at first and maybe this isn't the place, but like the D Mac class fee, like I want to scream out there, "Hey, that's not us. Like we're not raising it 200% or whatever percentage it is, right?" So, I don't know if we need that, but if the two people that are viewing us will spread the word that we're not raising our own D Mac classes. Six, okay. So, anyway, so there's just some things on here that are not our choice to raise
020that are just passed on to us that we're required to, and so I just wanted to point that out. But, I do like the P philosophy if we can have a long-term vision for that to to help our families. I I think that is a good good step. The other thing I was mentioning at F&F, and it is in the narrative, but also finding ways to communicate up front at registration so families have a are able to estimate what the the cost could be. Um I mean we talked about last time how some of that exact cost isn't known, but also opportunities for them to make payments, um partial payments throughout the the years well. Um and then personally I think it's probably a conversation that we need to have as a board at some
021point about how we think about just unpaid fees and just what that's like what should be our takeaway from what's the community telling us? How do we How's that factor in? I mean it's it's real money that's out there and again we may not have a lot of options, but I think it's probably worth having a conversation at some point whether that comes through F&F and then up to the board if there's some sort of action, but that's just my that's just my two cents from Thank you. Any other discussion? Okay, all those in favor say I. All opposed the same sign. That motion carries. Is there a motion to approve the student activities transfer? Okay, motion is made by Anna and seconded by Jeff. Is there any discussion? We did have a discussion around
022um the use of charter bus transportation. I think it was a little over 111,000 and so um kind of the the action item coming out of that was understanding what sort of really looking into the into the data of understanding how those when charter buses are used, what sort of sort of parameters around it. Um and and then coming back to the the board or or even just understanding what the current state, like what's the process for charter buses. Um So that was probably the the one topic we talked about a a fair amount. No no decision by any means, but just needing to know more cuz it's kind of stood out. Yeah, we did we did talk about maybe the need for to have a standard on that eventually, too. So, right now we're
023just approving uh the line item for the potential for that budget amount, or is that actually what we expect to spend? back to the athletics department fund because they're funds that they've already It's already been incurred. Now, we're covering from the We're reimbursing. Okay. Transferring to cover the costs and or that portion, yeah. Okay. And we do that every year. This is just Actually, it went down this year. If I believe Primarily less safety equipment that was required for the most part. Yeah, they got a grant for safety equipment, so don't expect it to be that low next year. [gasps] Okay. Is there any other discussion? Okay, all those in favor say I. All opposed same sign. That motion carries. Um let's hear about a 2026-2027 property liability, workers compensation insurance update from Kurt. We
024are part of the safety group, as you know, with EMC. Um with most of our coverage, the work comp policy is actually through Missouri Employees Mutual. But, this is our annual um renewal. Uh we did attach an itemized schedule about the different lines of coverage. Um just to clarify, when you look at that page, over to the far right, where it says trend line, another term would be average, but if if things just we were on on a path, a normal path, nothing unusual happen, that's what we could expect in a fee increase. If our increase is above or below that, it means our experience led us to that. So, for instance, in general liability, um a pretty significant increase here, but also the trend is pretty significant. Workers comp, we had some a few
025large um, claims that really impacted us there. Um, you can see a pretty large increase with workers compensation. Linebacker and uh, really that one sticks out to me, the linebacker even in the crime fiduciary. I don't know anything specifically on crime fiduciary wires. I don't remember anything specific there, but um, with uh, the linebacker, it's not unusual with often times that gets into play with like line with um, like due process claims. Uh, on the special education side is where that often times comes into play. Uh, we also showed our liability um, providers down below beyond what EMC provides. Um, the coverage we have um, to make sure we're fully insured uh, or insured to a a much higher level. Last and um, is was a new program this year, the storm protection fund. Some
026of you all remember that the 1% wind and hail deductible that EMC instituted a few years ago. Uh, we even in bought an insurance policy that first year to cover that exposure, but now we have the statewide storm protection fund. Our coverage is much better, our cost is much lower, so it's really been a good thing for us uh, so far. So, any questions specifically about the renewal? I just have a question. Yeah. So, this isn't a contract. Right. So, they're just telling us what our premiums are every year and we just pay them cuz we're I have a different contract. I'm just trying to understand like so this is updating, but we're approving what an increase of 14%. What is that? Like $300,000? Am I calculating right? So, but they just come and say
027now you owe us $300,000 more and there's no like I'm just try I cannot conceptualize how this is just a a talking item and it's not a contract and we're approving $300,000 without like did you go did we get a negotiator or is it what it is? We had We had multiple conversations with our insurance agent. We decided not to have them come to the F&F committee. We could have. No, that's not what I I'm just saying in general. I I don't need to talk to them, but so we've entered into an agreement for for 3 years and then they just tell us every year what our increase is without No, we we just have an ongoing We have a year-to-year relationship, but we've been part of the safety group for many, many years. And
028as they develop coverage and we decide, you know, for instance, on you could pick any of these lines of coverage. We're not changing the kind of coverage. We're just understanding what the dynamic is. We're looking at our loss ratios to say, "Does this seem reasonable?" Um in terms of the rates of increase for each line of coverage. Does that help? But ultimately, there is not a signed contract to bring to the board. If it's it's a renewal. So, we don't do renewal contracts? That's where I'm just kind of like I'm just I'm trying to conceptualize like So, we either have this agreement and you're asked So, are we approving this or is this information only? Are we voting on it? And if we're voting on it, is it It's it We need board action um
029cuz this policy will take effect July 1. But what action? Is there not a contract? Well, I guess the way I talk what we talked about it is really the board's accepting the renewal much like you accept our audit report. There's not really a an approval process per se around it. But we don't have a contract or anything with them. Yeah, there's not a like a contract that we have to bring to the board to sign again for the next year. There just isn't. You maybe know more. Do you know what I'm trying to say? I'm just I I don't know that it's any different than specialty underwriters, which was in our uh uh other a agenda. They they provide what our new rate is and we bring it to the board. So, what I
030was going to say is similarly in nature, it either it should have been up in the others where we're getting an update of the actual information. There is no action for us. It's similar when we do our health insurance. They provide us what this year's would look like as it relates to the budget, but it's a budgeted item. Now, we may need to think about yes, I mean, we didn't account did or did we not account for this 300,000? That's the I think kind of the insurance game we're playing right now cuz things are volatile and up and down. So, this up-to-date update could have been different um and the renewal premium could have been absolutely the same with the updates that he provided. So, So, at this point, I'm just trying to understand my
031board responsibilities. Like this comes and so it's okay, this is what it is, but what am I actually like This is just what it is. Yeah, I and I don't even know why it says approval cuz it when you're saying board action, you're sending it to us as a recommendation cuz it isn't something individually are saying say I. No, it's not. we could have put it in the consent just like we did specially underwrite it to your point and probably should have. I mean, in my mind the the board action is that like per the policy, we're required to maintain a insurance program. They're bringing forward here's what the insurance program will be. So, to me to the extent where you vote, you're voting like yeah, we're going to continue to have an insurance program
032per our policy and this is what the premiums I think then the follow-up action is to is commentary around okay, we see that our workers comp, for example, is driving. Is that in a fair amount of that is based on our own experience and so it's a I think it piggybacks off the conversation I think we had last F and F of is there something unique about our district? Is there a new training that's needed? And so digging into the data to understand what's driving that workers comp experience or even some of the the general liability. I think that's good follow-up conversation and conversation as a board we should have but that's kind of what I view what I'm voting for is like yes, we have to have an insurance program. This is what the
033the cost is and yeah. So, do we need an action on this or is it for information only? I'd recommend board action. Just a action is approved the re- is approved the re-insurance renewal as presented is how I would say it. That's how I would vision it. I'm a little concerned about that now because it's not listed as an action item and it seems like to Jeff's point we don't really have an approval process if it is simply our insurance went up X amount and we're just telling you and it seems like that's what you're doing. So, I'm not sure what have even been appropriate to put it in the consent agenda because then that would have had the same effect of we would be voting on something we didn't really have any in It's
034a renewal. Yeah. So, But it's not a con- well, maybe. It's not a contract. So, I that's where I'm a little We struggled with this at F and F in terms of where to put it cuz there's there's not a contract. It's a renewal but it's also a cost increase and so we for our practice we tried But we couldn't say no cuz right? Or we could say go get another vendor or could we? a policy in place July 1 or we have a lot of risk we're taking on. Right, but we could but could the board actually say go find a different vendor or no? I'm just Absolutely the board could. Oh. But we'd have a week to get it done. Or it would have been done at an earlier process. If you do
035earlier, this this amount there could have been the recommendation Go shop. Right. Like a shopping just to be honest, the biggest increase here as you can see is work comp. It's 200 and almost 50,000. Um we didn't know if the insurance carrier would even renew us. They thought about not renewing us and we would have had to gone out to the market to find another carrier. They decided to carry us for one more year cuz we're fully insured. When we go beyond what the premium sustains, it's up to them whether to keep us going. And we would have had to go out to the market. So those were part of the conversation that had to happen fairly early, but once we knew that they're willing to carry us, we we stayed with them. This will
036be the start of year three with that work comp carrier. Okay. Thank you for that information. Thank you. It's not an action item. I mean, you can accept it. It would be an acceptance of the report that we gave of the renewal. As presented. Can we action? Okay. Are we comfortable? Okay. Is there a motion to approve this Yes. Go for it, Lonnie. Okay, is there any discussion? Um all those in favor say I. All opposed, same sign. Okay, that motion carries. Um is there a motion to set the date of a public hearing? Move to set the date and time for a public hearing for the committed fund balance on Monday, July 13th, 2026 at 7:00 p.m. at the Learning Resource Center, 3550 Mills Civic Parkway, West Des Moines. Okay, there's a motion made
037by by Jeff and a second by Anna. All those in favor say I. I. Those opposed, same sign. Okay, that motion carries. Is there a motion to review the consideration of bids for geo bonds and resolution directing the sale of bonds not to exceed $50 million series 2026? So. I'll second. Okay, there's a motion made by Jeff and a second by Lonnie. Is there any discussion? All those in favor say So, are we having discussion? We got information. Before you don't have to listen to me. [laughter] You can just approve it if you'd like. Okay. Uh there's actually two pieces to that. One is the consideration. That's you listening to me. [laughter] And then there's the actual resolution, which would be the second step. [clears throat] So, uh I'll make it quick though, as quick
038as you want it to be. I can talk for many hours on about this stuff, [clears throat] which I don't think you guys want to hear, but uh, you do have a a report that's in your um, board uh, online board packet, and that's what I'm going to go through. Although the few of the pages we won't spend a lot of time on just for the sake of time, but you can definitely ask questions about any of it. Stop me, you know, what have you. Uh, I guess first just to remind you, my name is Matt Gillespie from Piper Sandler in Des Moines. Uh, we're the financial advisor to the school district for the the um, voter approved general obligation bonds. So, on the first page of that report of sale, excuse [clears throat] me,
039in the heading, uh, we were asking bidders to bid today on $45 million of the general obligation bonds, so a third of what the voters had approved. We did include in the offering document the option to increase that up to $50 million. We We could have gone to the entire amount if if that's what was necessary, but that is not necessary, so we did limit it uh, on the upside so that the bidders knew what they were bidding on. But, we did not increase the amount. It wasn't necessary. It appears that your cash flow uh, is going to require approximately this amount, and that you you'll come back uh, roughly a year from now and issue a second amount, whether that's another 45 million, 30 [clears throat] million, 80 million. We'll make those decisions with
040your input uh, later this probably in the wintertime as you find out a little bit more about how that cash flow is moving forward. Uh, also in that heading up there though, excuse me, [clears throat] you see a note that says S&P underlined AA minus. So, S&P is Standard & Poor's. Uh, they did uh, interview your staff, reviewed several years of audits, budget practices, budget policies. They take that to a committee, uh, and then the committee literally votes on what they think the rating should be. And that that is coming from senior analysts that work for Standard & Poor's around the country. And so as through that process they awarded the double A minus rating for your general obligation bonds. If you were issuing sales tax revenue bonds it would be similar process but it
041would be a different rating most likely. So the double A rating double A minus rating excuse me is the lowest of the double A rating but it's above the single A ratings. Almost every school district in Iowa public school is going to get in the A range A plus A A minus similar to your school grades. A very few districts including you would get into the next level of this double A minus. So those ratings would go double A minus then double A double A plus and then there would be triple A which no no school in Iowa is going to get to that level. So very very highly rated bond rating for West Des Moines schools. The bidder that was the winning bid and two of the other bidders today were choosing to use
042bond insurance. Now the winning bidder actually chose to only use bond insurance on a portion of the bonds not the entire 45 million. So that portion will have the rating of the insurance company which is double A. And the reason that they do that at least theoretically is kind of like paying points in a way when you have a mortgage. So they're they're they're paying from the fee that they're charging you. So it of course is your money but they're choosing to to do that to pay the insurance company a premium to use their rating and with the higher rating is buying down interest rates basically to to a lower level. So double A minus for the district the double A for the insurance company that was used which is Assured Guaranty Mutual. There are
043really two insurance companies left in the United States that do this type of thing Assured Guaranty and Build America Mutual. There were several about 10 before the so-called housing crisis you know 15 years ago but many of them went out of business. Uh so if we look at the actual bids that were received, there were four bids that were received. There actually nine bidders signed up to potentially bid which was very very positive. Uh and which is a lot more than we had just a week ago as an example not nothing wrong with the other district that was receiving those bids but they had a much shorter call date which is what was assigned to your bonds as well meaning you you would would not have been able to make prepayments, pay them off, refinance
044them, change anything about the bond for 5 years. Uh but and at the district last week same same situation but they only received two bids which is still fine as long as one of the bids is good and the one of the bids was good at that district. But late last week we were looking at your issue thinking we you should be getting more bids than two for sure. So we extended the call feature you know let your district know that so that these bonds will be callable in 7 years instead of 5 years and just by doing that that's bringing in more bidders. Even though there were four bid today not nine, there were nine that were that were interested and still double the number of bidders that were bidding last week at the
045other district. So that was that proved I think to be a very beneficial result because you had a better result than than that district did as well which you'll you'll see on another page in just a minute. But looking at that winning bid section kind of in the middle of that section if you if you're looking at it in color it's I'm colorblindish so it's blue, gray, something steel, so whatever. I don't know what the color is but the number that's 396 next to true interest rate that's 3.9699. So that is a combination of the fee that they're charging you and the interest that you would pay over time. So not just one or the other because both of the things are money that that comes out of your pocket, so they're both very important
046to you. Uh so it's the best combination of those things. One of the bidders could theoretically charge you a higher fee and lower interest rates. The other bidder might charge you a lower fee but higher interest rates, and those two things could mathematically be equivalent to each other. So it's waiting the interest over time and then factoring in the the what's called the underwriter's discount or the fee. So 3969, basically 397, the low bid, and right below that, the second place bid from Robert W. Baird in Milwaukee, you see 3983. So going out to the hundredths place there, just over a um one basis point difference actually. They're very, very close bids. And then the other bids received, Wells Fargo at 409, and then J.P. Morgan Securities 418. Uh if you're looking back at the
047winning bidder section to the right side of that that winning bid kind of goes across the entire page there. On the right side, you see another number, but that's 3.974. That's the actual final result because when we took the bid and then assigned the interest rates into each maturity, we had to make sure that especially in fiscal year '27, we did not exceed the amount of taxes that you levied because you may or may not remember earlier this spring as part of your budget practice, uh you passed what's called a pre-levy resolution. So you put in place enough taxes that equate equated to a $1 debt service levy. So we had to make sure that the bond payment today, knowing now the facts instead of just estimates, did not exceed that dollar. So we had
048to move some of the principal around, pushing more into the first maturity or out of the first maturity, etc. So once we do that, after we know the winning bid, then we recalculate everything. So that final number is the 3.974. If you go to the page after that, this is showing you the sources and uses from just today's bond issuance. So, not the remaining bonds or not any other sources of funds. So, just today alone, you see that the par amount or the principal amount of bonds that being issued, 45 million. The way the winning bidder structured their bid, there is a premium of 803,000 being paid to the district. We'll see why that is on another page. It's very typical, although it seems odd to somebody that doesn't do this every day. Uh but
049it's very, very typical. So, 45.8 million in net proceeds. Of that, then the underwriter's discount at the bottom, which includes, you can see the the insurance premium that they're choosing to to take out of that amount and pay to that insurance company. So, that total of 391 million, that ended up being just a little bit over 50% of what I was expecting it to be. Quite low and compared to just last week at the other district that was doing exactly what you're doing. Uh close to 50% of that. So, it was very, very low fee today. I know that doesn't seem like a low fee. It's a big number, but in the bigger scheme of things, that is a low low expense for this for that that service from the underwriter. The costs of issuance,
050the 303, that includes all of the other professional providers. So, it includes your attorney, Ahler's and Cooney in Des Moines, Standard & Poor's for the rating process, Piper Sandler, the company that I work for, United Missouri Bank is the paying agent and registrar. All of those other expenses are in that one bigger number there. And then what's left over from just today, actually more than the principal being issued, 45,109,000. So, that's the net amount. If this was the only bond you were issuing, that would basically become your not to exceed budget when you go out to take bids. But of course, there are more bonds to be issued. But from today alone, that number 45.1 would be basically your limit for spending from today's issuance. The page after that, the bond debt service schedule, that's
051really just a clean version of the the amortization schedule. So you can see how the payments are structured, similar to the other debt that the district has and that really all municipalities have, a large principal payments being made in the spring time and then there's an interest and a excuse me, two interest payments being made in the fall and the spring. The reason for that in the particular because these are general obligation bonds backed by property taxes, you only get more or less two big property tax payments a year. Although you get a little bit each month, but the big ones come in October and April. So if you had a very large principal payment due in the the winter and there were large taxpayers that chose not to make their tax payment on time,
052you wouldn't be able to make the payment. So that's why we always see the the very large principal payments being made in the spring time generally. On that page you see also the red line going right underneath what I mentioned earlier, the call date, June 1 of 2033. So when we get to 2033, uh maybe nothing happens and you just keep making the payments, but it could be that when we get to that point or anytime after that with 30 days notice, the school district could pay the bonds off if you had tons of cash sitting around from some some source. And it does happen sometimes, although not usually to this large amount, but you could pay principal off in $5,000 increments. It doesn't have to be the whole balance. But more likely if something
053were to happen, it would probably be refinancing the debt. It's very common for bonds like this to not actually ever live the entire life of 20 years. Something happens. Usually maybe paid off early, refinanced, restructured, etc. But of course interest rates would have to be lower at that time, which they may be or may not be, but that would could be in 2033 or anytime after that. And of course, I like I said, if none of those things are viable, then you just keep making the payment as it's scheduled. Page after that, the bond pricing. I'm going to concentrate mostly on the bottom of this page, but certainly if any of you want to ask questions about the other stuff, if you're an investor yourself and maybe you have a little bit more interest, we
054can talk about other parts of this page. I will point out one thing, which is just above the box that's at the bottom that's on the screen right now. You see the number to the right, -0.869. That's that underwriter's fee that I said was much lower than I expected. What that means is $8.69 per $1,000 of bond principle that's being issued. And that, last week in in in the past few months, has been closer to 15 to 17 dollars. Over a long long periods of history, that number actually used to be very commonly in the $30 range, if you can believe that. When I first started working in this business, I mean, I we haven't seen that for 25 years, but it's very very common for a 20-year bond now to see that number in
055the, you know, 12 to to $19 range would be pretty common. Sometimes a little bit higher and then sometimes today, for West Des Moines, a little bit lower. So, that was an added benefit there. But in the box down below, you see just a comparison of reoffering yields. And I just pulled out every 5 years. We could have made comparisons along the entire 20-year schedule, but just to give you an idea of what other school districts have been having happen. All of these are Iowa schools, as you can figure out. You're probably familiar with most of them. Although, you may not know one or two of them. Garner HV, I'm going to quiz you and see if any of you know what district that is. There you go. You must be from Ventura originally. Um
056but that's showing they're all Iowa schools. They're they were all issuing general obligation bonds. So we we wouldn't compare a sales tax bond to a general obligation bond. Uh likewise, we wouldn't compare a city utility bond or a hospital revenue bond to this because they're different animals. These are all Iowa schools, all general obligation bonds, and all of them are issuing in excess of $10 million. So you may or may not remember from when I was here, you know, many months ago or just maybe personal history. Uh if an issue or municipal bond issue or is issuing $10 million or less in a calendar year, those bonds get to be deemed what's called bank qualified. And you generally get a little bit lower interest rate. Um but all of these districts have very large bond
057issuances including West Des Moines and really couldn't just issue $10 million because you you $10 million will not last you 12 months. You need more than that. Uh which is the reason why you're issuing the $45 million. It could have been $50 million. It could have been $40 million. But 45 is just what was chosen. So these are all uh apples-to-apples comparisons, basically, is what I'm telling you. So you see just today your yields and we're really most interested in the longer ones, right? The the 20-year. The one-year maturity is important. And we certainly wouldn't want somebody to assign a 10% interest rate to the one-year maturity. But if it had happened, it wouldn't have been the worst thing that that ever happened. But if somebody assigned a 10% interest rate to the 20-year, that
058would be a deal breaker because you're going to pay that rate for 20 years on that maturity. So it is the 20-year and the shorter the the 15-year etc. that are most important because of the length of time you're going to pay those rates. And you see that today you were at a 440 in that longer maturity. Last week both Marshalltown and Des Moines schools were selling same thing you're doing. Uh Marshalltown had a little bit lower rate in that longer maturity. Whereas Des Moines had the exact same rate. Uh you see in some of the shorter maturities, Marshalltown's rates were a little bit higher. At the very top, above their names, for those the first three districts, I showed you what that tick was, that true interest cost. So, today 3.97 for you, 4.07
059at Marshalltown, and 4.027 at Des Moines. So, that can be the difference of the market moving. It's only been a week. So, the market hasn't moved that much. Uh it could be the difference in who the buyers are. Sometimes there are very unique buyers that only want to own West Des Moines schools bonds, or they only have room in their portfolio for a 10-year maturity. They don't care about the 11 and the 9-year maturity. They only want the 10-year. Um so, it could be many many different things that could be happening, not just simply the market. And because one school has a higher rate than another has really nothing no bearing on is one of these schools better than the other school. That's that's just not the case. It's really all in who's buying the
060bonds on any given day, and what is happening in the market as well. But, if you go all the way to the right side of the page, you see a year ago at Lamar's, again doing the same thing you're doing today, uh all across the the maturity there of the scale, the rates were quite a bit higher. So, and that we know to be true, right? Interest rates were higher a year ago. They've come down over the last year, but they've started to come back up in the last few months. Uh and you could ask any of you, or anybody that's that would be willing to give you a response, and probably 50% of the people are going to tell you they think rates are going to be lower 6 months from now, and 50%
061are going to say that they're higher. Regardless of their career, regardless of their knowledge base, 50% of us are going to be wrong, right? Because we there's just no way to predict those things. There's so many pieces that go into it. But, we will try to predict it, or try to think about it at least later this winter, when we come back to say, "How's the project going? What do you think? Do you want to issue 45 million more? Do you want to issue all of the rest of 90 million? Do you only want to issue 20 million? What not? So, some of that's going to be a gut feeling that that you may have or your your staff may have in coordination with what we believe might happen. And some of it will be
062just seeing what's going on in the market itself. The page after that is showing you not just today, but the whole project. So, it's I know it's kind of hard to read smaller type there, but what we're trying to target on the the big top left box where that big blue parenthesis is, we're we're assuming that the project is costing roughly 160 million dollars. Obviously, that's a round number. We don't know what the project's going to cost. You don't know what the project's going to cost because you haven't taken all of the bids, but that's the target. And if that is the target, then you see what's happening below that. There is the money coming in in the bottom box, the sources of funds. And the items that are now in I believe it's the
063pale light green, those are today's results. We now know those are true. Those are facts. The black numbers, the 2027, the 2029, those are still estimates. We don't know what's going to happen for sure with those. We we think we have a good idea, but we don't know for sure. So, the the revenue coming in from the remaining bond sales, all of the different expenses that are associated with those bond sales, and then there's interest being earned. And right now you see where that little blue arrow is pointing to, it shows about 900,000 dollars in interest. It's going to be significantly more than that. What the blue box says later tonight, you can come back and read this cuz I'm sure you're going to want to be very put to sleep by it probably. But
064this is only being calculated off of today's bond. And it it's an estimate, too. We don't know for sure when you're going to spend this money. The architect has given us a draw schedule, but they can't predict these things 100% accurately either. Um so that 900,000 is what we think you might earn and it's a conservative number because I use 2.75% in the earning rate. And I know that today I don't I'm not sure what West Bank or some of the other banks that you bank with are paying specifically, but I know for example that Ice Jet, which you could use, not that you will or would, but you could, that rate is I think closer to 340, I believe is their daily rate. So and I'm using 2.75. So for that reason alone, you
065will earn more interest, but then also there's 90 million dollars more in bonds that's going to be issued eventually and that's not been calculated in here. So my guess is, just a very rough guess, is that that that number could be as close closer to 3 million dollars over the course of these projects over the next several years. So as that number grows and we'll keep making it more accurate each time we update these things and each time you sell more bonds, as that number grows, the number that's at the bottom is going to shrink. The number at the bottom is saying if the projects are 160 million and if everything else on this page were to be 100% accurate, which it's not going to be, but if it was, you would have to be
066contributing 26 million dollars just out of your own pebble and sales tax cash flow. Which is not a surprise, that's been part of the plan all along. That number though, earlier today before we took the bids, that number down there was about 27.3 million, I think. So just the result from today with that large um the the large premium that was paid to you and the lower fees that already right there brought it down significantly. Next year, we add in more interest cost, there will probably be premium paid depending on how the market's working. Um so it's very li- likely that that 26 million will actually be maybe down closer to I would say 21 or 22 million in reality. But because we don't have the crystal ball, we're still showing that saying it could
067be as much as that possibly. Going to the next page, and we're almost done. The next page very difficult to read, I know, because there's three amortization schedules there, but just so you know what you're looking at on the left side where it doesn't say estimated, that's today. So, we now know that's true, because we know the result as long as the board is accepting of the bid here shortly. And in the little yellow box that's there, which you can't really see very well, that's the dollar levy. So, we had to make sure that the principal and interest in fiscal year 2017 did not exceed the equivalent of that dollar that you would already put into your budget. And then looking at the rest of that particular column, you might be somewhat confused or happy
068because it looks like the tax levy drops to only 45 cents. But that's not going to happen because the rest of the bonds have to be issued, right? That's just if you stopped issuing bonds, you'd only need to levy 45 cents to pay back the the 45 million. Um and then there's a little column to the right of that where the the there's a box a little rounded box around it. That's showing you the potential future levy with property valuation growth. The stagnant 45 cents that you see, that's not realistic at all, but we have to show that column to the attorneys to show them that if nothing ever improves, no property value ever grows for 20 years, that the district is not exceeding the limits. So, again, it's not realistic at all. The column
069to the right of it is is not guaranteed by any means, but it's more realistic. It's showing if property value grows on average at 3 and 1/2% taxable value, you see that the levy rate slowly starts to tick down. But then we bring the two other tables in. So the other side of the page is showing you still presuming at least for now that the second issuance is 45 million and happens about a year from now. And then the far right is showing you the remaining 45 million and it doesn't happen until 2 years later. That may or may not be the case. You may issue all the bonds sooner. Maybe it's dragged out even longer depending on how construction progress. But under that scenario then the yellow columns on the very far right you
070see that in the rounded rounded uh rectangle-ish thing that we're trying to keep that that actual real tax levy at around a dollar 52, which is what you had proposed to your community uh when they were voting. So can we meet that with absolute certainty? No, but it's very very likely. There's a lot of room here to for bad things to happen. Hopefully they don't, but there's a lot of room for bad things to happen and you could still honor that dollar 52 tax rate. The timeline on the last page at the bottom of that we're close to it. That is uh June 22nd. Of course today taking bids. Presumably here in a moment you will award. But at your July 13th meeting you will do the rest of the legal paperwork. So tonight it's
071pretty simple. I'm talking a lot more tonight cuz I won't be here at the next meeting unless you really want me to be or need me to be, but the next meeting is actually the big deal. That's when you approve the legal binding documents and you are then in debt. And then on July 28th, that's when the money's going to come to you. Now today you did get a wire from the low bidder for $450,000, 1% of the amount you were asking them to bid on. That's called the good faith deposit, just like earnest money when you buy a home, same concept. So they will deduct the $450,000 from what they owe you later. But that $450,000 is already in your bank and you can start to use it to reimburse funds that you've already
072expended out of your pocket or you could be paying architects fees and other things, whatever you've been incurring or you incur in the near future. But the bulk of the money's going to come to you there in late late July. And then the rest of the package is just the formal bond rating written report from Standard & Poor's. I just included it because I'm never quite sure if the board at any school district gets that. I know you're told about it, but I included it just so that you had it for reference. You can read it. Particularly for West Des Moines today, there's some nice things that it discusses about your community, your district. So it's it's of interest for you to read, but we're not going to spend any more time talking about that.
073So, with all of that said, I'm going to eventually lead you through the resolution so you guys don't have to think about it too much. But before you do that or before we do that, I want to give you an opportunity to ask questions. Questions about any of the worksheets, the process that you're going through now, what you're going to continue to go through in the next couple years, any other topic. We we we're not really intended to talk about sales tax tonight because that's not what's relevant to this. But if you have questions about it, as you know, the legislature changed the law. It's not directly impacting your current project, but it is going to certainly impact you. It's having a major impact on other public schools around the state though immediately. So Any
074questions before we go to the resolution? Okay. You can always ask questions obviously tomorrow, a week from now, a month from now. If you have questions, just pass them through Kurt and we can make sure to get those questions answered. I would say too, if your community members have questions, for sure pass those to us because we do not want there to be misinformation in in your community about These are big numbers, right? This is a big deal. It's a lot of money and lots of people don't understand it. Why would they? They don't deal with this every day, but definitely pass questions on to us. So, I'm going to paraphrase the resolution. It is acceptable for me to do that. One of the board members simply needs to so move what I say. Another
075of you needs to second the motion, and then you are required to have a roll call vote. So, the resolution before you is directing the sale of $45 million of general obligation school bonds series to Jefferies LLC of New York, New York. So moved. A roll call vote. Joe? Yes. Mike? Yes. Elizabeth? Yes. Jeff? Yes. Okay, that is all that you technically had to do. Um I haven't seen you since your election, so congratulations on a successful referendum. There's going to be just as many schools voting this November. It's It's crazy. Um so, I'm wishing those schools luck, but congratulations on your success. Good luck with the project as things are really getting underway here in the heat of summer, and we'll be back in touch with all of you. Kurt will be talking to
076you in the coming weeks and months as well. Thank you. Have a good night. Thank you. I I have to bring up one item. I apologize. I was I was caught off guard by the the language on the committed fund balance. This is an approval item. It's not a public hearing setting process. So, the on the agenda it says approve the committed fund balance resolution. It's not about setting a public hearing. So, I don't know the process to go back to that action, but Yes, I think I made the motion, so I'll I'll withdraw that that motion. If that's sufficient from a You can can it. So, I'll amend the the motion as opposed to setting a time and place for a public hearing, it would be approving the committed fund balance resolution that's set
077forth in the agenda. I don't know who seconded my I know second it. Be agreeable to amend. the language. Okay. Okay. Are there any additional discussion on that motion? All those in favor say I. I. Those opposed same sign. The motion carries. Okay. So, I believe we're on to facilities and operations. And we have some information about the I love you guys safety response protocols. I do have a I do have some discussion. So, um as a we've talked standards [clears throat] for quite a while now and as a there's a couple situations last year we had at different schools and we actually had some different language among many different schools on what a lockdown was, what a shelter in place was. We had the situation that um Valley Southwood, we had a situation that
078still it's over it's still well and one and um between Stillwater and Hillside and we had two or three different scenarios, same scenario two or three different three different language brought to light that we need to get us all on the same page. And so, I've tasked Randy from my team um with a safety committee that's looked into this. This really standardizes all language throughout the district. We'll have some trainers come in two times in July to train um principals to be the trainer of their building. We're probably going to have about 40 or 50 people in the district trained to be trainers on I love you guys. It's just standard language on your standard responses and kind of just the for information only but this is the route we're going. Um they it comes
079in multiple languages. The the the teachers will have cards um given to them like a credit card has all the languages on and it'll be posted in their doorways. We'll figure out what language we need to put it in in all the buildings. Um they will if we have a language that they don't have covered with I love you guys out of Colorado, they will make posters for us in that language at our request. Um this came about um from a parent at Columbine that started this um I love you guys um foundation. So with that I'll entertain any questions. No question but I I would I would absolutely agree on the standardization of language. Um in the spirit of inclusion I love you guys. Guys is not inclusive of females that might be obviously
080in our district. Um but I know it's a product and so I've sent them message as well that we love everybody so we don't just love guys. Okay. Love you all. I love you all. I love you all. Yes. Okay. Are there any other questions? Yeah, just one awareness that Randy did a really good job kind of walking through this one one item in the the parent handbook there's a reference that says that parents are welcome to come to any sort of drills and so we just noted like conceptually that makes sense but let's make sure it's implemented and the buildings are aware of that so then when we're circulating these kind of off-the-shelf materials that and a parent says yeah, I want to come to this drill that we're prepared to handle that at
081an operational level but Yeah, and we're um the SROs will be at our training. We're we're going to the fire departments we're going to encourage them to come to our first few drills. Um the Windsor Heights chief chief of police will be to our trainings. The SROs that are in Indian Hills, the new SRO from Indian Hills, and Crestwood will be at the training. So, we offered it twice over the summer because of course people are taking summer vacation, so we wanted to include as many people as we can in the training. So, the trainings you'll It's called train the trainer. So, anybody that goes through our summertime trainings will be have the ability to train the building. So, we'll be the ones training the training at the building level. My team will be They're
082required to go to every drill as it is if you're the manager of that pod of buildings. We're really really We're not encouraging. We're making everybody take part in the drills. Whether you're at food service, whether you're custodial staff, whether you're outside vendor in the buildings when the drill happens, you're part of the drill. We don't ever want to walk in the building and see somebody not taking part in the drill. So, we're going to be real sticklers on that as well. Thank you. Yes, thank you so much, Tim. Okay, let's move on to contracts. Is there a motion to approve the bread contract for Pan-O-Gold Bakery? So moved. Let's go. Is that Lonnie? Me again. It was Anna. She's doing her voice down here. Okay, there's a motion made by Anna and a second
083by Jill. Is there any discussion? Sorry. Okay, all those in favor say I. I. All opposed, same sign. Okay, that motion carries. Is there a motion to approve the nursing agreement? Second. Is there any discussion? I just have a question. So, this is written as an amendment, but then it lists the cost of the nurses, too. So, are we just adding position one and two, but the table has all the positions? I was confused if we'd already voted on Right? So, by the way the chart looks, it looks like we're again approving the almost 1.5. But, is this action item just for position one and two, those two small additions, or is it for the whole package? It's the whole package. So, why is that an amendment? Just just curious. I would cuz I had
084to read it like three or four times. I'm like, wait, what am I approving? Just those two? Am I approving all the nurses? I'm not going to not approve it, but I would just want to be clear about what I was reading cuz it took me a little bit to chunk my way through it. Jill, the way I think of it is that all the underlying language in the master contract, if you will, is staying the same. Just the fee schedule for the next year is what's being changed. Does that make sense? Okay. Yeah. I just was like, oh wait, what are we amending? And like we already approved something and now we're coming back to amend a service? Like I was like, wait a second. I thought So, this is the just the first
085time we're approving these contracts. This year. Just the fee schedule. Right. So, this is for this year. Multi-year contract, sorry. Nope, it's just a multi-year contract though, and that's what you meant, Kurt, when you said we're just the master language is the same. type of contract, but the only thing that's changing in the contract is the fee schedule. All the other language remains [snorts] unchanged. That's how I'm Okay. We did have a conversation that so there's a the reduction in in hours and the and the nurses are at a pretty high capacity. The staff load or the case load that they have is maybe above what other districts, and so that led into I'd say two kind of conversations that have enough one Rod confirmed that nursing is one of the um line items on
086the staffing standards that are being discussed. And then the other piece too was and we had them change some of the language in the the narrative is just initially it made it sound like there may be a gap in services and what the the language that we use now is to reflect the fact that we have other resources available for mental health services. And as if we are removing some of the nursing hours, making sure we do a good job of connecting students to other resources that have capacity, but getting them connected um so that we we it doesn't lead to a gap in how we're able to serve our students. So, the what we heard from administration on Friday was there is capacity to serve the and meet the needs, but we're going to
087have to make sure we do a good job of getting them connected to those services where maybe in the past they would have relied on on going to the nurse um directly. Is that fair summary route of Yes. Yeah, correct. Hey, thank you. Um all those in favor, say I. All opposed, same sign. That motion carries. Is there a motion to approve the confidential confidentiality and data use agreement? There's a motion made by Layla and a second by Jeff. Is there any discussion? Yeah, I just want to make sure that this data that we're sharing, and I mentioned this and I made a comment to Elizabeth earlier, that this is actually used to pinpoint services that are going to improve our health outcomes for our employees, and isn't going to be used to just as
088a way to come up with next year's carve-outs of insurance that's going to take away the benefit. So, I really want to see us what that Wellmark gives us a report of what they're actually going to do with this data before we would ever want to renew it in the next coming years. Thank you. Is there any other discussion? Okay, all those in favor, say I. All opposed, same sign. Okay, that motion carries. Is there a motion to approve the world the high school world history modern times textbook purchase? Is motion made by Jeff and a second by Layla? Is there any discussion? There was some discussion at the at F&F in terms of I think my question was did this curriculum requested it flow through TLS committee and the answer is no and and
089she acknowledged it is it's there's some systemic improvements that we need to make in terms of how just the broad curriculum and so those conversations are happening but I think it just for the board's awareness that and how we think about how it rolls through TLS, how we think about curriculum as a as a whole and also Dr. Adams just for your awareness that two of that that that was talked about it at F&F of getting better at that process. And as we go through larger curricular reviews with content areas, I mean we're spending we're going to approve tonight $83,000 but we haven't done a comprehensive review like we are doing on science but I don't know it just it gives me a little pause too because and I know sometimes it's gets clunky when
090we're trying to go to a a process but that's a teacher salary, right? I'm not saying the materials aren't needed but in the scope of our bigger review to make things cohesive I'm just really hoping that in two years that this isn't obsolete and that money you know so yeah. We made the joke that it's a it was another example of maybe the theme of moving away from autonomy to systemic cohesion that we talked about so. And these are kind of some tail end ones that we're going to deal with before we get to the big pictures. And I'll just also continue to share my concerns with us dumping so much money into digital resources for families as budget gets tight if you don't have access at home internet-wise, you can't access the textbook even
091if we give you a license for it, right? Like I don't know. I just So, we have a one class set. I don't know. Hopefully, they'll let kids check them out or whatever, but I'm betting they won't. Um so, how how do we as a system encourage our kids to be able to do the work we're assigning if they don't have internet access at home to be able to access the textbook that they're being required to do work out of? Um if no physical book could be loaned to them. I don't know. A class set, but I Maybe I'm wrong, but that would be a follow-up question. Like are with a class set, are students going to be allowed to check those out if they need it or not? I'm And if not, then I
092think from an equity lens, I just I want to make sure that if we're assigning stuff, kids can access the materials. That's like their fundamental right, and that's our fundamental obligation. Okay. Anything else? Okay, all those in favor say I. All opposed same sign. That motion carries. Is there a motion to approve the Pearson AP Chemistry textbook and online resources? That motion was made by Anna and a second by Mike. Is there any discussion? All those in favor say I. All opposed same sign. That motion carries. Is there a motion to approve the SIS Cloud agreement? A motion is made by Jill and a second by Layla. Is there any discussion? I just want to acknowledge um Brian Able. I'm sure you this is your contract. Like you've been on a hot streak with getting
093renewals with 0% increase. Um and so, I just want or getting multi-year deals for the same thing. I just want to publicly acknowledge that if we added all those up, it's a substantial savings to our district. So, I just appreciate it's not always fun to negotiate those things out, but you obviously have a knack for it. So, thank you. Okay. All those in favor, say I. I. All opposed, same sign. That motion carries. Is there a motion to approve the Google licensing through CDW? Okay, there's a motion made by Layla and a second by Mike. Is there any discussion? All those in favor, say I. All opposed, same sign. That motion carries. Is there a motion to approve the Infinite Campus end user license agreement? Thank you. Is there any discussion? All those in favor,
094say I. All opposed, same sign. That motion carries. Is there a motion to adjourn? Motion was made by Lonnie and a second by Jeff. Is there any discussion? All those in favor, say I. All opposed, same sign. We are adjourned. Thank you.