001e e [Music] h [Music] w [Music] e e e sh I was going to make him live now have the worst mascara it is it runs so okay we will I will call the March 18th 2025 LS community School Paul is that going over the cafeteria try it are we just G okay we're trying to get microphones that will go over the uh cafeteria system as well okay um we're calling the meeting to order the F our second agenda item is the Pledge of Allegiance i plge al to the flag of the United States of America and to the Republic for it stands one nation under God indivisible liberty and justice [Music] for the third item is the approval of minutes from the February 18th 20 25 board meeting could I have a motion and
002second to approve I'll make a motion to approve the minutes from last month's board meeting I'll second any discussion if not all those in favor say I I I oppose same sign okay uh board members you have received the agenda in advance of tonight's meeting you have had time to review research and consider the matters to be voted on tonight board members do you have any questions or concerns that need to be addressed not at this time no thank you okay the next the next item is the approval of claims for the month of March could I get a motion to uh could I have a motion in a second to approve I'll make a motion we accept the claims for the month of March I'll second any discussion if not all those in favor
003say I I I oppose same sign motion carries okay the next item on the list is the principales report okay Erics I knew okay neither one are here tonight okay work I've got some of their stuff in mind okay so the next is uh the super report and he will talk about the principal's report as well um we are currently on spring break and so people are Here There and Everywhere uh couple things uh on the elementary side I read results are in they are currently embargoed from the state so they're not allowed to be released yet but as soon as the state gives us the okay to release those uh we we surely will out to parents uh as we sit today Lanesville just like in the last several years up in the 90%
004uh so that's that's looking good but we will release those as soon as they are no longer embargoed from the state uh for the high school kids the Juniors that took the SAT those are to be released the very first of April uh the first week is what we're being told by the state and that will go out to parents um and the kids at that point in time um couple things to discuss it is legislative session season I've been up there a few times I was up there again this last Wednesday with small and Rural School Association um one of the things that we've spoken about here on several occasions got brought up by some Senators a few weeks ago in in a hearing um School consolidation uh and so they they brought that
005up when somebody was talking about property taxes and finances and um a couple Senators thought that that would be a really really good idea so I was up there with Indiana small and Rural School Association on this past Wednesday I also sat and talked with the um iasbo which is the school Business Association and spoke with uh superintendent Association and a few legislators and people from the doe uh about some of the concerns that we've got at Lanesville and some of the things that we are looking out for and how things would impact corporations down here and corporations our size um a couple bills we kind of really need to watch out for and look out for uh one of them is House Bill um the ihsa has already addressed this they saw the writing
006on the wall that it was going to go through and going to happen and allow a one-time transfer for all students uh that aren't seniors here at Lanesville we always our our process since I've been here um for the last five years is if a kid wants to transfer we always let him go you only have an x amount of time to be a a kid and to do those things and so we've always done that the ihsa always tells us that over 90% of transfers are given um that is now going to probably come into play and the proposal from NSA is for the first three years of high school people will be allowed one transfer uh and be able to be academ or uh athletically eligible immediately uh regardless of if it's athletic
007reasons or not uh so just kind of keep your your head on that um there are a couple education matters bills um that talk a lot about um different education matters one house bill 121 uh is trying to clean up something that everybody across the state is dealing with right now uh and that is attendance that is the provision in there uh and so it talks about clarifying more what is an excused uh and an unexcused absence in accordance with the law and also moving and it says requires a public school to hold an attendance conference no later than 10 instructional days instead of five so there are a few attendance things in there they're trying to clean up so we're watching that one knowing that that will affect us but schools across the state
008of Indiana are having the same issues that we are a law got thrown at you you had to throw something in place really quickly and it didn't match what we had and uh left a lot of interpretation so trying to uh to Shore that up um another thing that we need to watch out for here is House Bill 1681 which addresses local public questions on referendum it is trying to limit them only to November general elections um which is a big part of the reason why we're trying to come about one now um if by chance whenever we get to there if it if fails and you have to wait two more years it may be 2028 before we can address it again uh but know that that's going through um there is Senate Bill
009249 which deals with teacher compensation um says it amends Provisions that allow School Corporation provide supplemental payment to teachers in excess of the salary specified in the school corporations comprehension plan um so that's one we need to watch out for another one school board matters this one will affect school boards uh it is trying to put Provisions in they've tried it in the past to make school board members declare if you are a Republican or a Democrat or an independent if you failed to do so then you would be labeled as an independent uh one change from the original and our our local Senator Gary burn is who sponsored this um when we were up with small and Rule School breakfast a lot of us were lobbying for this and and this provision has been
010changed uh which I think is very very good um it will not allow for straight straight ticket voting on school boards even though you say that you're Republican Democrat uh it will not apparently pick up straight ticket and so even though if you label it you have to actually vote for it still and I think that was a big hurdle uh for that um but these are things that are are trying to be pushed through trying to go through the process uh as the session ends in about a month we know that there are a lot of things that will be changing and going to conference committee and coming out looking completely different than it did even when it walked in but then the big one that we're all watching is uh the budget and
011it's a budget year and the big topic is property taxes uh and capping property taxes and it's gone back and forth and the governor had his and the senate had theirs and the house has theirs and they're trying to figure out where to land on that uh and what that does property taxes not only affects schools it affects all local government uh your County Police your County government Town Town police fire departments libraries um everybody is funded through public taxes U and um property taxes and so we'll see where where those caps and those percentages shake out at but those are some things that um we need to be watching as we move forward that is my superintendent report Dr Apple what's the uh Senate bill number that deals with the elections that would require
012uh board members to declare I missed it um Senate Bill 287 School Board matters okay thank you do you have anything on principles I threw some of their tting and stuff in okay um next up is number seven the ptso report walk music thank you like I'm playing little league um so for our March ptso report we had donut with a grownup was a super fun day Sharon even won a birdhouse so thank you for attending um our upcoming activities we have a ptso meeting April 2nd at six o'clock in the library um nominations are still open for President and Vice President we really would love to see somebody step up and take those roles um the Spring Carnival and silent auction is Friday April 4th doors will open at 6 we will have food
013trucks Kaa ice and the teddy bear mobile this year um as far as the teddy bear mobile order form should have come home and those are to be returned April 1 is that correct April 1 for your pre-order um the community support has been a fantastic for our silent auction um we're still accepting items for the classroom baskets reach out to the ptso on Facebook if you need to drop an item off over spring break or send it to school when we return um Zach be's night for April will be Wednesday April 9th um and we have been seeing very good Community turnout for these so we appreciate all of that you okay the next item is public comments this is the public comments related to uh agenda items on only public participation policy will
014be in place the first on the list is Liz Beamer are you wanting to do the agenda item or okay no Miss Beamer not your agenda the agenda yeah this is n and 10 okay no it's I'm getting old I can't I go in like 10 meetings uh in Harrison County and I'm getting old I can't sit through meetings the old ladies getting old anyway agenda nine um okay your two-year contract I want you to consider some things I go to all the three school board meetings plus uh election board Library board um Monday nights I used to go to County Council County Commissioner I don't do that I watch it on the TV like a slug on the thing and then uh election board so I just want you to consider some things um
015the superintendent North Harrison okay North Harrison is known for their crappy buildings they spend $2 million in tax dollars a year for uh maintenance they attract lawsuits okay so what I do with my day I watch a lot of uh state federal an type thing most people watch Gunsmoke I watch and school boards and I'm going to go to the other school boards and tomorrow night to County Commissioners and tell them the new lawsuits that are coming down and I keep trying to come here to tell you about the new lawsuits coming down okay so I don't hate anybody but I'm concerned about my tax rate because that's why I'm opposed to this building and law suits and things like that that's my only concern y'all bleed per uh purple and that's wonderful God bless
016you you know what we're retired and I'm concerned about my tax rates and as a taxpayer I get tired why do why do you think you can go to Schoolboard meetings you don't have any kids here well then I want my money back okay that's all I'm saying so the operations fund this is something that just annoys the snot out of me okay you're taking money out of uh just minute I always have to rewrite my speech when I come here uh out of the classroom okay out of the education fund into the other one okay it needs I I just it bothers me there has to B get a bake sale go have a fundraiser do something but you know what um I'm always hearing teachers don't get paid enough you know this needs
017to be done I hear teachers say not these teachers okay the other ones because nobody here talks to me like I go to coffee with all these other folks in the other school boards and everything and but anyway um they always talk about how how they have to spend their own money to get classroom supplies okay you get this uh Casino money okay I don't know why you can't get a few bucks for the class rooms or a few bucks for a bonus for teachers or I don't know how your whole system works but the thing is I'm concerned about my tax rate taxes things like that because North Harrison they're they get Casino money and it keeps going up so I'm not going to stay for the other one so hopefully someday you will
018listen to me about the lawsuits that are coming down I would appreciate that if y all just want to sit down with me sometime I would be more than happy to thank you for your time thank you okay next up is Doug Burbank uh there's some policies in the 56000 series I'd like to address uh 5710 student complaints last paragraph the board Corporation employees shall hear the complaints of the students of the corporation provided that such complaints and grievances are made forant to the procedures established by superintendent and Indiana Law C policy 9130 we haven't got to 9130 so I don't know how you can pass that without knowing what 9130 is okay 5830 student fundraising bottom page of two states all other fundraising by corporations support organizations shall be done in accordance with policy
0199211 and policy 9700 again we're not there yet so I don't know how you can pass that Five series when we haven't got to the nines that's that would be my question I guess uh 5840 criminal organizations and criminal organization activity bottom of page two states the superintendent authorized to issue guidelines to define the range of ways which corporations staff and principal or designes shall respond once an incident or criminal organization activity is confirmed according to the parameters described in corporation code of student conduct I looked at the student handbook and that's not in there right now so I'm hoping that the board will make sure that's in there I assume um that will happen uh 6320 purchasing bottom page one States it's the policy of the school board that blank shall act as the
020purchasing agent for the board there's no one designated in that blank uh it's not clearly identifiable uh page two first paragraph the puring agent shall make open market purchases of supplies totally no more than blank for a single item or group of items dollar amount is blanked or it's lined out page two second paragraph purchasing agent shall seek at least three price quotations on purchases of supplies that are more than blank but less than blank except in case of emergency and so on so forth those two blanks are lined out as well which one that uh page two par second paragraph uh the purchasing agent shall seek at least three price quotations number oh 6320 it's all 63 this is all 632 yeah that's all 6320 um also on 620 when it comes to Public
021Works project it's on page six letter F the board shall require the bidder to submit financial statement a statement of experience a proposed plan or plans for performing the Public Works project and equipment that the bidder has available for performance of the Public Works project the statement shall be submitted the statement shall be submitted on the form subcribed by the State Board of accounts my question is is there's nothing in there my time up uh I'll be real quick my question is there's no mention requiring the bidder to have a performance bond I think anytime that we're using public works money that the bidder if it's accepted should be required to have performance bond the last thing we want to have is somebody start a project they go bankrupt and we're stuck says purchasing agent
022yes purchasing agent it is so you're not specifying the exact person right so you're not bringing yourself so there is no purchasing agent for the school corporation it depends on what is going going on so the board is usually but if it's a smaller item then the board's not in on it so you don't put a specific person on that because different projects have and then if you go out construction truck so who's the who's accountable for that then you know who does it fall back on if if there's not a purchasing agent that's going to be responsible I know that's what I'm saying would there be many why you don't depending on the department depending on what it is the treasurer always signs off on all those things so is the superintendent no matter
023what it is uh but that's why you don't put a specific person in there it's the purchasing agent okay all up to you that's all the I have thank you right next is Keith beard [Music] all right I think I'm going to go a little bit backwards through these because uh some of these are uh been pushed already or talked about um the 3,000 codes um the first one I have to ask about is uh the supplemental pay for teachers code uh 32202 um this allows the superintendent to issue supplemental payment in excess of salaries specified in the school corporation's composition plan to Any teacher at the discretion of the superintendent so my question is does this allow where where's this money coming from and is there a limit on this money that he can
024give to teachers on top of their salary for any reason can the superintendent give the special ed teacher at the high school uh supplemental payment of whatever he feels like he needs to or is there is there any more to this where do these funds come from and is there a limit on them um the second one is uh the staff student relationship uh relations uh code 3213 inappropriate boundary invitations uh it lists an example of inappropriate touching as hugging and hugging can be um taking discipline are action for up and two including termination may result from that um I suggest that it would be turned into um inappropriate touching maybe instead of the word hugging I know my girls in school will go out of their way to go down a certain hallway because
025they know their teacher will be in that hallway out at the right time but this isn't a great area this specifically says hugging is something that a teacher can be taking disciplinary action for so I would recommend that it would be changed at least the word hugging to inappropriate touching maybe or whatever you all come up with but it's pretty clear that hugging is something that a teacher could be in in trouble for um the tutoring the outside activities of Staff code 3231 um section e says no students enrolled in one or more of their classes should be able to tutor um so what I ask is if my girl needs tutoring in band what other teacher do I need to teach her to play her instrument if I can't get the band teacher to
026do it if my teacher if my student needs help in science what better teacher than the science teacher that's teaching her that to tutor [Music] her thank you next up is Katie blinker [Music] uh my name is Katie bleer I live at 2180 Cordon Ridge Road Cordon Indiana the agenda items I wish to speak on today are item nine and then briefly on item 15 at the January lanville school board meeting there was an item that did not make it on the agenda however it was voted and passed to instate a 14% increase in the superintended salary due to complaints made by this community this important agenda item is on today's meeting I believe it's called an open door policy that requires such items to be published on the agenda for awareness and public comment
027numerous supporters of the lanville community school have expressed deep concerns about the proposed 2025 pay increase for superintendent Dr Ryan Apple our reservations stem from the current teacher salary situation in our school district Indiana's Department of Education reports that the average teacher salary in our state is notably below the national average it's troubling that our school district too fall short of this Benchmark Guided by a deep commitment to our Educators and students we feel compelled to question the rationale of the substantially raising the superintendent pay under these circumstances we respectfully call on the lanville community school board to revisit the approach to awarding pay increases at the superintendent level we believe that there needs to be an evaluation of the superintendent position annually before raises are decided and the decision to award a ra award
028a raise needs to be made public on the agenda we strongly advocate for prioritizing teachers compensation to ensure it continues to meet or exceed the 45% State funding standard thereby aligning with our broader educational goals the reason for this petition I have 75 signatures is to ensure that the community had a chance to be heard on this proposed raise for the superintendent which is after all why the agenda is published in the first place the petition I just read was signed by 75 community members and regardless of the board's decision to instate this proposed raise and two-year extension for the superintendent the goal of this petition has already been realized teachers are feeling supported which is something that is severely lacking in our Beloved School if it wasn't evident at the last school board meeting
029I believe we need to re-evaluate the reasons that we are rushing through due process after Decades of exposure to liabilities it is important to do our due diligence with the proposed policy and to form a committee to review and ask questions before making Rush decisions thank you Eli stumbler is up next uh my name is Eli stumler live at 8991 Highway 62 uh this is for agenda item number nine uh and this is actually a statement I'm reading on behalf of Terry Wills uh board members um I specifically ask that you reconsider agenda item number nine the increase in salary and the two-year extension of Dr Apple's contract I suggest that no contract extension be considered until the testing improvements he has proposed have come to fruition and the strain with teachers and staff have
030been resolved Dr Apple's current contract through 2026 can be Revisited next school year if there have been uh if he has proven his students taxpayers families teachers and staff and the board that his objectives have been met and that he is striving to work with with and not against his teachers and staff under the current Administration we have not seen the promised improvements a decline in staff morale and school spirit have also been apparent so arrays to cover more than the cost of living increases seems to be an unjustified reward our current School needs major repairs there's financial planning for a new campus and our teachers and staff deserve better compensation so after a salary increase of $8,000 in 2024 the potential $15,000 increase in 2025 is not a sensible use of our funds upon
031investigation I learned that other districts are cutting back on raise increases to their Administration yet this board is attempting to approve an unwarranted exor race for our superintendent Dr Apple manages k k through 12 grades all on one campus with a lesser number of students and staff at most other area school corporations uh I emailed uh numeric examples to the board members for comparison I think you all might have seen those um because Dr Apple has compared Lanesville uh Community Community School Corporation to them in multiple conversations I'd like to share an example of West Washington School Corporation it's a similar setup but with 200 more students on account of a starting uh higher salary uh they received a $112,000 raise in 2023 and a $6,000 raise in 2024 with the West Washington superintendent uh
032currently recorded as making a current annual salary of 120,000 and he is an award-winning superintendent who has also been in that position since 2015 our tax dollars provide funds for raises I'm one of those taxpaying citizens of lville community and my child my own child has attended Lanesville Elementary School since kindergarten I prefer that our teachers and staff salaries be improved foremost I am averse to awarding this amount of increase given my previously stated reasons as well as the effect of our current economic climate is having on our schools and Community I urge you to reconsider the raise amount to be the same as a previous raise of $88,000 or at about 88.5% with no contract extension at this time please consider this appeal before you vote thank you for your time and attention sincerely
033Terry [Music] Wheels next is Mike Wolf Michael wolf okay I thought you were over there uh my name's Mike Wolf live at 6500 p r Road um first agenda item I guess my first question is so if this is public comment if I ask a question do I get an answer or is it just comments just comments okay so my biggest concern right today is uh on agenda item number 15 of the 3000 and 4000s when it's up for approval the last meeting we said we was going to table that and I'm assuming there was no changes made if it's going to be approved tonight because if there was changes would there have to be a a first reading a second reading we'll address that in a few minutes we're GNA address it yeah okay
034so there has or hasn't been changes you're gonna find out here in just a little bit okay okay because with changes I would assume you'd have to have more than one reading to do an approval um second thing I'm trying to understand why in January we did a superintendent raise and now we're doing this again another concern was is back to January when they did that that was of the transparency part of wasn't on a public agenda and then it gets slid in after the meeting before the meeting then you slide it in and do it before it's even on a public agenda as a community member that to me just looks not very transparent and really hiding behind things that if there's nothing to hide then it could have waited till the next month
035again I don't know the reason but as a community member that does not look good um believe that's it if you're going to talk about 3,000 4,000 and that's all I thank you can't read the last name it's somebody in green ink pin is it a okay oh that that your signature yeah that's you okay couldn't read your name if you did red pin I would have figured it out this is purum to item number 15 [Music] on behalf of the Lanesville education ass Association which may I say we showed up during spring break I'm very proud of that I want to start by thanking the board for the modifications which we haven't said publicly yet but we be forthcoming in good faith um on several of the policies we brought up last month we
036take this as a show of good faith and sincerity to work in partnership with your teachers we do still have two main areas of concern one is the policy the FM La 34301 there uh currently it's marked the board shall require the staff me member to substitute I.E run concurrently any of his or her earned or recruit paid leave for unpaid fmle so we have to do that at the same time I'm going to tell you why I have such a big issue with this last year my best friend lost her husband to an incredibly rare brain tumor it was a fight that lasted two years she used up every single sick day she had she used sick Bank while he was in care too there were no days left he passed away she used
037her FMLA she is also a teacher at wart County she used her unpaid FMLA time to keep insurance for her two exceptional needs children while she tried to figure out how to live without her husband I know several of you are my friends we followed this story you were with me through a lot of it if you do not check this box that cannot happen and I know it's a one in a million shot but that's why policies exist it's for one in a million situations so we have something to go back on and I I just think that you check the other box it says the staff member May request to substitute it if they want um I was told that that box wasn't being checked and I really do hope you guys make
038that adjustment it's really not a big deal um but if the in if if the unexpected happens we do need that to support our teachers secondly while we are so thankful to the board for letting us know of the amended language it did come the day before this meeting came yesterday we hope in the future that not just for teachers but for parents and community members as well that communication will be more open and discussions as transparent as possible to build trust and Lasting Partnerships so we can all work together for what matters most which is our children thank you very [Applause] much okay that concludes the public comments on agenda items okay the next item is number nine the approval of superintendent two-year contract extension and salary increase to 120,000 could I get a
039motion and a second to [Music] approve I'll make the motion we uh raise the salary and extend his contract for two years can I get a second a second any discussion yes uh if you don't mind before we vote I do have some questions I'm new new in lots of ways um This Guy's new but he's been here so I'm new um so I looked at salaries I looked at data from uh 20 surrounding School corporations just to see how we compare um because this is has gotten a lot of attention and lille's current superintendent contract provides for a salary of $105,000 that's $9,000 less than the next lowest full-time position if I understand that correctly did you guys see that same data yes did I understand that correctly we the lowest by $9,000 is
040that right right I've also looked at salaries within the Lanesville school corporation itself and if you divide the salaries by the number of required contract hours to determine what an hourly pay rate would be our current superintendent contract provides for an hourly pay rate that's less than one principal and eight of the highest paid teachers if I've understood the data correctly have you guys have I understood that correctly okay now there's also a a tool I like to find tools that give us a guideline um and I came across the formula by a guy named Bob Taylor and he says that you take the highest base teacher salary and you divide that by 184 days to get a daily rate and so that produces for Lanesville a daily rate of 48 $ so you take
041$418 and you multiply that by the contract out or contract days of 260 required for the superintendent contract and then you add 10% for the extra duties like driving around at 4 o'clock in the morning to find out if the buses can run and that yields an actual number of $119,500 um and that to me seems to be in line with what's been proposed uh here tonight this contract that's up for a vote tonight it it doesn't include a car allowance did I read the contract correctly okay so despite the fact that a number of superintendent contracts throughout the state of Indiana provide a car allowance we're not doing that is that correct okay um I I think that's all the all the one all the thoughts that I had that I wanted confirmed before
042we take a vote oh wait I I do have one other note here when Dr app the Dr Apple's salary was increased to the current pay rate of 105,000 is that when he transitioned from a principal to a superintendent when did that pay raise occur that's correct okay so he went from a principal to a superintendent and got that pay raise so this pay raise that we're voting on tonight is the first pay raise in his position as a superintendent is that right that is correct okay all right all right that's that's all that's all the yeah that's all the questions I had for the board okay any other discussion if not all those in favor say I I all those opposed same sign motion passes okay the next item is approval of transfer from
043education fund to operation Fund in the of $185,000 could I have a motion in a second to approve I'll make a motion to transfer from the education fund to the operations fund amount of $185,000 second any discussion if not all those in favor say I I all those oppos same sign motion passes the next item is approval to name the soccer field and so soccer field and track the shle Family Sports Complex could I get a motion in a second to approve I'll make a motion I'll second the motion any discussion I would like to to make a comment here on this agenda item um in my five years at Lanesville and for years and years and years before that there probably isn't a family that has given more to this school and this community
044than the shle family uh and never asking for anything in return um it was a long conversation that I had with Mr Robert shle about this um never looking for notoriety but the shikle Family Support both vocally and financially Through The Years uh through this Corporation has been tremendous um and I think that it is and especially on that that soccer field down there the hillside next to it they still take care of the road they still take care of the concrete they still take care of help with the fields help with all of it without the shle family there wouldn't be a soccer field down there along with um Mr chip white and a lot of others I know uh people have wired the scoreboard and done all kinds of other things uh but
045without the shle family we wouldn't have a lot of what we have here and I can't guarantee that we would uh still be here in operation uh and so I'm only been here for five years and and I know that um but the shle family has given tires Le to this school corporation this community uh and I think that this is welld deserved and when people go down there whether it's for a soccer match or for track or whatever it is um I'd like for them to ask who the shle family was and somebody around to tell them this is who it is and this is what they've done for our school and our community okay all those in favor say I I I all those opposed same sign motion passes okay number 12 um
046and hold Mr shle would you like to say anything thank you Mr sh thank [Music] [Applause] you okay number 12 um we are pulling and I'm going let Tim speak on that okay I know chip good or bad I know chip all right chip is a guy that does a lot of stuff around here there is a proposal to name rename metal art crvw Avenue in the new concession are of bathroom's chip white way I wanted to make sure that chip white was okay with it well chip White's not okay with that okay because that's what chip that's who chip white is Chip's goingon to do what he continues to do he doesn't want that done okay I get it that's why I asked him I wanted I wanted to make sure he understood that
047and wanted to make sure that he understood that and he declined so we will take this off the agenda chip continue to do what you do like you always do and we never know sometimes he's even around okay you keep doing what you're doing we appreciate that from the board uh lanville Community School Corporation thanks you thanks you for all you do for [Music] [Applause] us okay next is number 13 the approve approve the outstanding check cancellations and redeposits for checks dated over two years old can I have a motion and a second to approve I'll make a motion to approve I'll second any discussion if not all those in favor say I I all those oppose same sign number 14 the uh can have a motion in a second to approve the disposal of
04825 broken chairs and I'll make a motion we get rid of 25 broken chairs I'll second any discussion no if not all those in favor uh say I I all oppose same sign number 15 the approval of the following proposed LCSC policies which are the 3000s and the 4000s could I have a motion and a second to prove uh before we make a motion on that I would ask that uh we the motion be uh to approve the 3000s and the 4000s except for 312 12 4112 3214 32 20.2 and 3310 I would ask that those be pulled for further discussion so I guess my motion is I make a motion to pull those five sections 312 412 3214 32 20.2 and 3310 same again same again that's okay what slow go 31 I make
049I'm my motion is to pull 3112 and 4112 and 3214 and 32202 and 3310 for further discussion that's the motion can I get a second to approve all of 3,00 and 4,000 is except my motion is to pull those everything except second that no my motion is to pull those okay okay pull okay so we're going to pull those um do I have a second for that I'll second I'll second it we did we did 4112 she said that he's asking why what 311 are they exactly the same I don't think that's in there yeah we we did what we supposed to do so did you did somebody second my motion to yeah go ahead second was that second okay second all those in favor say I I I all those oppose same Signs Now
050can I get a motion to approve all of them except the ones that were pulled can I get a first and a second I'll make the motion to approve the 300s and the 4000s with the exception with the exception of the ones that we just pulled right which is 3112 4112 3214 3220 point2 and 3310 correct any discussion if not all those in favor say I I all those oppose same sign next is number 16 the second reading of the proposed new policies for LCSC the 5000s and 6000s the next item is the approval of the above listed policy proposed new policies for LCSC 5000s and 6000s can I have a motion and a second to approve I'll make a motion that we approve the 5000s and the 6000s do I have a second I'll
051second it okay have a second any discussion if not all those in favor say I I I all those opposed same sign motion passes the next is number 18 the approval of an AP Literature field trip to IUS to see the glass managerie play and the class of 2025 senior field trip to Kings Island on May 19th 19th could I have a motion in a second to approve I'll make a motion we approve the field trip and the senior trip to Kings Island do I have a second I'll second all the any any discussion if not all those in favor say I I I all those oppose same sign okay we are at oh motion passes um we are at number 19 additional public comments this is for anything else that's not agenda related it
052it could be on anything suppos to be there you can stand right there don't matter bring up sorry for the outburst but, you table 3212 and 4212 but only 3214 not 424 which is the exact same thing professional staff supp would they should carry over it should carry over yeah it should carry over you're right you already 42 we we 424 that's right you didn't hold it out that's why I was asking we did not hold it out correct did you hold it out for professional but not for you already approved it now you change right they can't be amended but it just takes a littleit there there were some things that were concerns and not that we have to take questions but I will take your question because I understand a valid question there
053were some things that were concerned uh there were concerns that were included under the 3000s that apply to staff and a lot of the staff members have contracts and so there it's different I mean that the the uh like the 4214 [Music] okay yeah that's how we did 1000s and 2000s that's and that's that's what we've always done yeah thank you okay any other additional comments gifts your comment was that they're covered under contract so I is the head of ptso and currently planning my teacher appreciation staff teacher appreciation some of those things include gifts so if you pull out one for the teachers but not for the support stff we're able to give gifts for some teachers but not support staff that's the way am I I I just want to know that I'm
054understanding it correctly because I don't want I don't want to give gifts and then them get in trouble whatever you give to the staff you give support staff yeah it's understood it's understood you're good what do you mean but the language is the same in both of those but we approved one but pulled the other out let me ask you a question yes is that for because it says it is the policy of the board that no support staff member should accept expect or accept gifts for carrying out the terms of his or her assignment are the gifts for being great people or are they for or or are they for carrying out your work is it hey you did your job here's the thing or is it you're wonderful and you go above and
055beyond that's the distinction because in what everybody what my question is what is the distinction between 3214 versus 424 it's the same language I yes that's and so really language one but not the other you can because there is no issue unless the gift is given for the completion of your job if it is because my child really likes you you're a wonderful individual because it clearly says car caring out the terms of his or her assignment so if it's simply because of the job that you do congratulations you did your job or is it because you're a wonderful individual that's what it that's what they both say and so they're going to look at it again but that's what they both say is it's discouraged that's discouraged but it says for the terms of
056his or her assignment so your ptso get is it because they are wonderful individuals and you are so happy that they are there or is it congratulations you did your job that has nothing to do with your assignment that's for Christmas I I realize that yeah no I I realize that and and they both they both say the same thing they both say the completion of your assignment it has nothing to do with Christmas or Valentine's Day it's the completion of the assignment and so if your gift isn't for that then you're good I've read through all these a bunch of times option option we can look at that and we can look at that and we can address because we're going to have first readings on the four or five that we discuss so
057if if we want in that we can we can do that next time but we'll have first readings on 3112 and all those next time we but we can change it yeah we can change it next and that's okay and the next item is adjournment can I get a motion for adjournment I make a motion we adjourn the meeting so since you guys have several of you talk Dr many many times consider myself good friends with most of you but you've now gotten rid of my paid tutoring function so I want Clarity on but no one has actually said what the policy is going to be so we we've approved something that now's gone away so what is our policy can someone clarify that for me I've asked for that multiple times this is the
058board policy the men Administration will come out with the it doesn't say that Ryan we pass the policy and then the board or the the principles and the administration will establish all the guidelinesfor yeah so they have to follow the policy so what is the policy that's they will make the Pol they we made we made this policy they will make the hold on Ryan just let let let me interject here real quick okay a policy that we have had since 2005 okay 602 I read it today Ryan and I talked about it I know says and so F or E says the facilities will not be available for any private reception or party but for the use of any for-profit cause so that's been on the book since 2005 It also says they can
059rent it so can they rent it are you going to make them have insurance like what just give me some kind of clarity that's I'm asking he's G to tell you that has it says they can rent it that has I read the policy that has been on the book since 2005 to date we haven't stopped anybody from tutoring anything okay so then what's the plan moving forward I'd love the purpose of these policies are for liability reasons I understand and so nobody wants to stop tutoring there are plenty and somehow this became a tutoring issue and it's not a tutoring issue it becomes the a liability issue because we have kids running around the building we have kids in with we have kids in with others we have kids Behind Closed Doors we don't
060know who's here and who's not so there's a liability reason they are not acting as employees of the school at that point in time they're acting as independent contractors okay so then it's also that's what I'm yeah Miss walk hold on a minute so then it's also unlawful if they use School resources for their personal gain Auditors will get you every single time so you can't do that this has been on the book since 2005 we have to have policy to protect ourselves and so once this goes through whatever it looks like if it goes through then if anybody wants to tutor as an independent contractor we will work with them to make it work if anybody wants to come under the umbrella of a school corporation we will work with them and make that
061work we are not turning away anybody's tutoring but we will work with whoever to make it work to fit within the policy nobody has ever said nobody has ever said that we're trying to stop tutoring what happened was people saw the proposed policy they paid no attention to what was there before and instead of coming and asking myself for the board members not true I did I'm not talking about you miss W okay but but instead of coming asking us directly went out in the public and and and caused the disruption without asking first hey what's this going to look like I nobody five school board members and I asked you and my tutor emailed you with no response nobody is trying to turn anybody away from tutoring policy gets passed the school corporation is
062we will have administrative guidelines once policy is passed you can't do it before do you understand how do you do you understand the legal I do okay so then you understand that the legislature passes laws that then gives to ad if you'll stop interrupting me this is why nobody wants to sit up here and talk is because you get interrupted and you get huffed at and ey roll I'm not I'm not belittling you I'm I'm trying to explain something some people don't know this laws get passed by legislators that enable administrative bodies to then formulate the regulations that allow those laws to have any impact to be enforcable so we have to act to pass policy the the the administrators can't come up with what it's going to look like until the policy is passed
063so the policy gets passed and then the board says to the administration this is now our policy what we need to come up we need to implement this policy then maybe you should explain that better I I'm I'm I just did you just did but no one has done that I've tried to I have tried to no one in here understands no that's not even close to what I said I said we have to pass the policy before we can ask the administrators to to do anything why would we ask administrators before a vote is taken to do a bunch of work that may or may not be necessary we have to take the vote to pass the policy and now we go to the administrators and we say this is now policy we're going
064to need your help to implement this policy and the administrators have the information that then we don't know what what classes what subjects are being tutored because there's a lot of tutoring that's taking place outside the school and I'm not making a comment on that being right or wrong I'm just saying that's the that's what we have learned we didn't even know that was going on until this became an issue so the administrators are going to have to gather that information so that they know what subjects are being tutored what what how many kids are in tutoring do we start with do we cut it off at a 65% grade or a 60% grade that that's what has to happen and there's there has to be order to it or otherwise there's chaos well the
065the board makes the policies or just asking for clarity can I give you an example might help I don't know if I'm if I'm speaking turn here but an example if you have an independent the tutors two things cover if I'm wrong you guys correct okay you get an LLC which is a limited liability Corporation you make yourself an LLC and then you have proof of insurance that you can insure yourself and your children as far as I know that'll cover you now once you have that your building principle in your building that come up with a policy based on whatever we pass or whatever we talk with you we just did they'll come up with the plan where you sit down this is what this is going to look like in our building each
066day when we to that's what we want to hear okay that's what I'm telling you that's what I want to hear okay that's what I want to hear okay there you go that's everybody wit it what I want to hear I'm done thank you Mr you're welcome okay the next item is in German do I have a motion my my comment is this big overarching picture here during the comment section there could be some am invol respond questions it would make us feel so much better the transparency what's going on make me feel so much better that you guys have educated yourselves on this stuff I know you have I hope to God you these are big decisions I want to feel them we aren that's all I thanks s okay the next item is
067adjournment can I get we're trying we're trying to adjourn Doug I'm just kidding go ahead I know I just got up and said this a few minutes ago with 5710 5830 could you explain to me why you pass those two policies when they're predicated on 9130 9211 9700 and we haven't got how can you pass that say right in the policy if there if there's this is this came up with the the tutoring or the the liability issue if there's if there's no policy then there's no policy it it's so will you revisit [Music] once once we pass 9,000 of yeah we can revisit any of it but the 9,000 Foundation down and now we can go back and look and see what we can tweak what we have to 000 I know they we
068got we got more to go I get it I understand that but you got to lay it down before you get there I know it do I understand that I'm with you I get it okay the next item is adjournment can I get a motion to can I get a second I'll second it all those in favor I all those opposed same sign motion passes okay we're going to take a little break and then we've got the project and additional appropriation hearing e e e out of anesthesia very well and he was already mad at me because I had e so do you have a okay I'm going to call the meeting to order for the project Hearing in additional appropriation hearing the next item on the agenda is for the board to hold a
069project hearing on the proposed construction project in addition an additional appropr creation hearing on the proposed go Bond proceeds if you are interested in speaking if you are interested in speaking at the hearing please make sure you have signed the sign-in sheet which shall include your name and address after a presentation by the administration and its advisers there will be opportunity for the public to make comments about this project at this spefic hearing we will ask each person limit their comments to three minutes and that the topic be limited to the proposed project the notices for these hearings were published as legally required at this time I will ask Dr Apple to explain the purpose of this hearing um at this time I'm going to go through and explain um a few things but just
070so you all know there's somebody Mr Jeffrey Hammond in the room that we're going to ask to uh give some commentary a little bit because he's 10 times Smarter on this than I am and he can be able to explain it a whole lot better than I can uh but pursuant to Indiana code 2026 737 before a school corporation may spend more than 1 million dollar to build repair or alter a school facility that will be financed by a lease or bonds it must hold a public hearing at which explanations of the potential value of the project to the school corporation and Community are given additionally pursuant to Indiana code before a school corporation can appropriate any do it directly receives in go or general obligation bonds proceeds it must conduct a hearing on those
071proceeds for we will now it's my turn right we will now hear from Dr Apple about the process of determining and communicating the project to the community and the need for the project and how the project meets those needs um what we are looking at doing here at Lanesville Community School Corporation is a solar project on the roof what it will allow us to do we are a 100% electric facility um solar on the roof and if you've ever been to bordon or Henryville or a lot of other schools you can barely see mon Russo it's not some big thing from the 80s uh but what it will allow us to do is reduce the amount of electricity that we're are using through Duke and we go through Duke Duke we know is proposed a
07216% rate rate hike again uh in January and February our electric bills were over $21,000 each month um solar is something that will allow us to keep like you heard um lady Miss Beamer the first thing she said today was about trans transferring money from education to operations we had to transfer some money tonight we do less than the 15% we try to keep as much as possible in education but what this project will allow us to do is keep even more money in our education fund that's the money that we utilize to pay coaches to pay teachers to pay building level administrators uh different programming we also have to take our uh textbooks now uh we no longer in the state of Indiana pass textbook costs on uh and so those kind of curriculum
073fees those all now come out of education so we're looking at trying to figure out how to keep more money in the education fund less money in the operations fund and since we're 100% electric we don't have natural gas here we don't have anything else this is our best way to do that and solar is the only thing overtime that will pay for itself a 100% return on investment uh and it depends on the rates the what we've been given is somewhere in about the 10y year range uh for it to completely pay for itself these solar panels they'll be up there they' got a 30-year lifespan we know that no matter what happens this facility is going to be used one way or the other so for the next 30 Years we'll be able
074to generate our own electricity not 100% of our own electricity uh depending on the functionality of it and that kind of stuff you're looking at potentially even up to 60% uh but if you do that you're looking at a teacher salary uh Plus benefits hopefully on year one um we're also while doing that um the other the other component of it is there's an opportunity maybe uh for some additional Revenue when you sell the units to companies some corporations East Washington is one um they sell their electric units to I believe it's T-Mobile uh so not only do you get to generate but anything that you use over your consumption then you can sell and so that would bring more money into the corporation uh but ultimately we're trying to do a couple of things
075we know that our operations fund is going to take a hit uh we know because property tax are going to go down and so that is what pays our operations fund that's what pays for school buses that's what pays our electric bills that's what pays all of those things we know that if we can eliminate some money that we have to spend out of there we can transfer less hopefully keep more money in education fund and so that is the purpose of this project we will now hear from Bank Banker Tilly Municipal advisors LLC our municipal advisor about how the proposed project will be financed as well as information about the effect on the typical property taxpayer Mr Hammond a proud Lanesville Alum by the way yeah good evening everyone I was gonna say this
076is my favorite school corporation to work with um I've got kid who goes to school here many more to come through um and I live here so it's it's always good to be here with you this evening so as Dr Apple mentioned I'm going to talk through um some of the proposed Financial impacts associated with this project uh one thing that I want to point out is all of these at this point in the resolutions the board will consider they are maximum parameters so we have intentionally U built some cushion into these tax rate assumptions into the interest rates that we're using for uh the bonds that would fund a project like this because at this point um you're establishing maximum or not to exceed numbers so I would say nine times out of 10
077once the bonds are actually sold tax rate impacts total interest cost and the things that you'll see here are lower than what we look at here but again because it's at this point in the process where it's early and you're establishing those maximum parameters um I always want to mention that before I go into the specifics of these U Financial parameters so um where I want to start uh before we get into some of the specifics that will be in the resolution is just a chart with the School corporation's existing bonds outstanding um can you all see this well I was wondering if the lights need to go off can you see that over there turn that those lights off over see if that shows up any better how's that is that better oh that
078might be too much there we go that okay is that better okay go I'm sorry Jeffrey go ahead thank you um I I want to start with a just a chart showing the existing bond payments that the school corporation has um currently there are two bonds outstanding some bonds that were issued in 2017 and those will repay or be fully matured after calendar year 2027 and then there were um bonds issued in 2018 that will mature in 2032 so you'll see the the payment structure in 2025 total payments on both bonds combined were at about $400,000 per year uh there's a slight increase in 2026 and 2027 in the total payment structure as is uh and then there's a step down again back to about 400,000 um in payments through 2032 and at that point
079all of the schools existing bonds would be fully matured and and no longer have payments required I'm going to go very briefly over this next slide because it's just the data that populates the chart we looked at but it shows each of the bonds and what the annual payment is associated with each of those so I want to spend just a little bit of time on this slide since these bonds will be done as general obligation or go bonds um there's really two types of bonds that are available to schools in Indiana there's the Geo Bond method and there's a first mortgage Bond method which are what the 2017 and 2018 bonds that the school already has were issued as um so a school would issue all bonds as general obligation bonds if they could
080but there is a Formula that limits the amount that you can do as a Geo Bond and this applies to really all municipalities in the state of Indiana and how you get to this number or your your geod debt capacity is by taking the net assess value of the school um that's assessed each year and really think about that as all of the taxable property that's within the school corporation's boundaries you would then divide by three and take 2% of that to get at the debt issue limit which for lansville this year is just under $ 2,150,000 the last step is to subtract out any outstanding General obligation bonds the principal amount of those and in this case there are none so your amount that you could issue as a Geo bond is right under
0812,150,000 so I I mentioned that because the project being considered and this is really small um fits within that capacity and the school is able to issue these using the geobond method um which means the school's the direct issuer there doesn't need to be a building Corporation involved and it's a little more forward of a process to issue bonds so at this point again I mentioned these are maximum parameters that the board will see in the resolutions so um we have built flexibility to determine the repayment term on the bonds at a later date we would do that closer to the time the bonds are sold the parameters in the resolutions would allow for any of these three options or even options in between here um but I did want to show um in addition
082to the maximum parameters I wanted to show what three potential options to repay the bonds could look like um so for for purposes of the resolution um there will be the maximum borrowing amount which would be $1,870 th000 um and there will also be the estimated maximum Debt Service fund tax impact associated with this project which would be 13.10 cents um so again that's what will be in the resolutions and then I can kind of show what some of these options may look like um as a repayment term is decided and I also wanted to note the current 2025 Debt Service tax rate is 5.16 so um and this Mr Hammond just yes so we're all aware that is one of the lowest in the state correct I looked at it just today for 2025
083it is the fifth lowest in the state okay out of 293 290 MH um so this here three scenarios I'll go through very quickly um but what we're looking at here in the gray represents the um existing bond payments we saw on the first Slide the purple color um represents proposed payments that could fund the project being considered so this scenario has a five-year repayment term um similar to a mortgage or a loan in your personal life the tradeoffs between taking longer to repay a bond is that you acrew more interest because that dollar amount is borrowed for a longer period of time but your annual payments are smaller which can mean a less ta tax impact associated with the bonds um so this five-year scenario would have the highest annual payment that's where the
08413.10 cents came from in the resolutions um but it does have the least amount of interest expense associated with it uh we're projecting that um at 5% interest rates that would be a little over 340,000 in total interest over the lifetime of the borrowing the next scenario here examines repaying the bonds over a 10e period of time um so again 10 years of the of the three scenarios it's kind of right in the middle um you have the um kind of well I guess in the middle tax rate impact and interest expense and in this case the um estimated interest expense would be just over um or just under 612,000 over the lifetime of the borrowing and I will note that an option like this with the 10-year repayment or the 15-year repayment we'll look
085at next it builds in more flexibility for future projects um because you have you can see the mouse here you have step Downs here in your payments which allow you to have additional opportunities while keeping your tax rate level so um that's an that's an advantage of a longer repayment term as well and then the final scenario looks at a 15-year repayment term um this one has the most total interest expense just under 900,000 over the lifetime of the borrowing but it also has the lowest tax rate impact and the most flexibility for additional borrowings as well so my final slide and I'll try to make this just a little bigger final slide looks at of that tax rate impact associated with the project that's in the resolution um this is meant to give an
086idea of what that looks like for individual taxpayers so we've looked at a variety of home values it's what you're seeing in this market value of property column um the market value of property is your gross assessed value so if you look at your property tax bill that is um what the county gives you is your assessment on your property in in Indiana that's supposed to be fairly close to what the market value would be if you were to sell it um it is reassessed every four years um so it may or may not be close to what you could actually sell it at but it's supposed to be relatively close and we've looked at some properties ranging from $75,000 up to $450,000 and we've also included the median home value of $239,700 we've also
087shown an acre of agricultural land for reference and a $100,000 commercial or rental property those properties um do not a commercial or rental property does not have deductions available to you as you have as a residential um taxpayer and um back back up to the Residential Properties that's the difference between the market value of property and the net assessed value of the property is that you're able to take two deductions to lower your tax liability um so that's what we're looking at in the middle column and if we focus on the median home value of the 124 or 239,000 for the market value that translates to a net assess value when you apply those deductions of 12454 and if you look at the Max tax rate impact associated with this project of 13.1 cents it
088comes out to be an increase to the tax total tax liability of $163 15 again I knowe those are maximums at this point um and that's based on the fiveyear repayment so if the bonds are repaid over a longer period of time that tax impact that that a taxpayer will feel will be less than this um for an acre of agricultural land $3.3 per acre and uh for a commercial renal property assess at $100,000 would be $131 all right I think that is the end of my slides are there any questions that board has that I can help with thank you thank you very much good [Music] job we will now open the public hearing remember if you would like to speak please sign in on the sheet which is located on the front table
089which I have it here now as I mentioned earlier we ask that you state your name and your address limit your comments to the proposed project and financing keep any comments to three minutes and avoid being repetitive if possible okay the first the first on the list was David leer [Music] David luffler 4228 Highway 62 Cordon I'm one of seven members of What's called the Lanesville school corporation or facility board the people that put their signatures on all the legal documents for the bonds I'm going to phrase this as a question I don't need an answer tonight but uh the school Bo that board normally met every January and was postponed this year but I would encourage that communication be initiated very quickly with the members of the board who I think only one of
090them have attended any of these meetings recently and that I would en encourage you to consider multiple meetings to prevent some of the ill will from the last time we went through a bond issue so it's not just bring it bring us together tell us what's doing and we need your signature before before you go out the door and the names of those people sometime you don't i i s know I know some of them but I don't know all them okay okay I get go ahead I'm sorry and the second part is uh I'm I'm confused about the referendum and the tax rate if I the the referendum does not apply to this $2 million bond this is a whole separate separate issue and so like the the general obligation bonds wouldn't come through
091okay so this will basically fill in behind the bonds that have matured and the rate basically stays the same is yeah tax in about the same so so the referend you you refer to is for the new project that is a building project potentially yeah that that is not this this is for the the solar that's all I needed thank you Dave that later next is Mike Wolf wolf 6500 pondera Road um question on the the project the 1.87 million is that going to be all used for the project yes it all goes towards the solar project did 100% goes towards the solar project well the overhead cost that you've got so anything that like the process any of that stuff yes it is all for this project okay and but you're saying that with
092the solar panels that will be on this school building that you will be seeing in within 10 years a 100% return on our money they're giving us a 10 to 12 year window is what they've told us the PSG the company okay and so is that saying that you're going to get a return of after the 10 years is when are you saying are I'm kind of confused on what the return is does the return mean we're going to get back the 1.8 million because that's our investment you you yeah or is it that the full return is we won't have a $21,000 electric bill now we'll still we won't have a $221,000 electric bill from day one the savings they're they're estimating 10 to 12 years the savings will pay for the project so
093over we have enough electrical monthly electrical bill savings that will pay the $1.8 million dollar and then any any what they kind of call bu backs anything that you sell beyond that um they will that's what they anticipate the savings there and then anything that you can sell the combination there anticip to between 10 and 12 years uh the more that rates go up the more that that that will drop towards the 10 if they stay pretty flat you're looking more towards the 12 that's what they tell us the PSG company they've come and they've done presentations the boarding right is that contract that you all signed is that a public contract yeah all contracts that or public contract so that I could ask for that contract and have a copy of that contract for
094the solar project it's a public record because it's a school contract yeah could you email that to me yeah we'll scan it email thank you because it's just hard for me to understand that on $20,000 a year electric bill that's that was month a month I mean that's but it's that it's that and it's the BuyBacks too what they're anticipating for like would you sell in the months that you generate the most we use less electricity so we will generate in the months of April May June July August September the most energy we also use the less the the least amount of power then so what we don't use during that those months will kick out uh bordon is an example now they went a little more aggressive on theirs and so they dropped almost
09590 97 I think percent of their usage from one year to the next they completely eliminated so they're almost paying no electric cost we didn't go that aggressive because we didn't want to go up any higher really than what we are retiring debt wise we want is solar field any bigger than what ours is going to be on top of this yeah they've got it all over the school and it's been there for a few years and I know you've been to ball games you can't see it correct but they've they've covered almost the entire building is that what just is going toass it it'll be selected right now they're working on exactly what's going to maximize it for us uh we're looking at probably the gyms and maybe one or two other areas uh
096but facing south it really works well you generate more there and so they are being strategic we've uh met a couple times we don't have the final plan exactly where it's going to go we know those two areas and probably one or two more but it won't be an entire coverage just okay well if I could have a copy of the contract I'd appreciate that I've asked for it and hadn't got it yet so that's why I didn't know what the holdup was but so after I know I'm out of time so I probably can't talk no more so guess just ask me afterwards okay I I'm just really trying to figure out if in 10 years we're going to get all of our money back have you don't really know yet how quickly you're
097going to pay back the bond but um 13 cents 13 cent hike on a on that's going to be a 30% increase on a property tax that you're already paying correct am I right no we've got debt coming off to replace what's coming off you're going to stay neutral neutral so 13 cents is coming off and 13 cents is going back on approximate I mean it's not exact it's 13 is it is the highest it can go is that correct 13.1 is the highest it can go correct so so so we don't we don't know until until it's determined 5 10 15 years that I understand that but so when is because property taxes went down two cents this year from 53 to 51 so when will they expect this increase to go back on
098and when are the 17s coming you said they weren't coming off till 277 yeah so we would the bonds are issued this year would next year tax paying in 27 pay 26 so you'd have one year of overlap right so because for 25 taxes you pay them in 26 so if it don't hit they 26 you won't pay until 27 well you would pay the 26 tax rate on 25 assessments okay so it's there's aird so it's G to have to go up because 17 ain't fallen off till 27 correct there will be a okay so that's what I'm getting there is going to have to be an increase because the first one's not falling off for two more years going to be a slight overlap yeah yeah but you had to do it now
099you know what that 17 or the 2017 Bond tax rate was no changes based so these that 1310 is based on the2 ass value and assessed value GRS the school next year that number will lower um I can I can get you numbers based on the payment of the 2017 bond is yeah I just it just seemed that I just I just was kind of confused that if it's how it's in neutral if one's going on before one comes off I see what you're saying but you're looking not because we got two more years on a 17 Bond and if you only pay this one back over five for two years it's going to go up and three years it's going to go down a little bit because it's got to go up first because
100there's still two more years left on the 17 there'll be a year of overlap but you're essentially staying neutral yeah so that's 2cent it's a 2cent decrease has to do correct that just has to do n assess value so the 10 is you made the last payment on 10 last year last year so that's so that taxers this year areay correct so that's where next year so T will be off 17 will be the only one on and then this one will come 17 and 18 and then 17 comes off got the next year that makes sense okay understand thank you David Brigman I'm David bman live on Bald Diamond Hill Road my neighbor columnus as well couple things real quick about what they're talking about here I'm retired from utility company over 30 years
101with Duke Energy a big thing you need to know about solar energy is he's correct in what he's saying the utility Regulatory Commission has to approve whatever rate increase any utility gets other than like an RMC because they're a membership home Cooperative that being said generally all utilities go in with a high number they get usually about a half or third of that taken off because that's just the operating way utilities go in everybody goes in they want to try to get all the money they can as a business to offset all the costs they've got with environmental concerns reliability uh all the infrastructure so quickly in regards to the solar panels and all they do buy back by the regulatory commission's requirements if they produce more electric here than what they need they're required
102by law the utility companies are to buy that energy bike it's metered so they know exactly how much they're using at any given time and how how much that they could sell off so to speak if they're not using it during their peak times it is a win-win in like I keep up with a lot of utility stuff especially during storms a big thing we need to make sure of is when they install is if they go down this road we get a hail storm of biblical proportion like we had two years ago that wiped out all the roots in Lanesville if it damages all them panels is there our insurance here is it collectively been looked at to say they'll come in replace Almost $2 million in repairs to panels that's things they got
103to look at as well that's operational side we don't want them to have continue to come out of the assets from the academic side for operational side so hopefully that's something that they're talking to you about as well I'm sure you're all proactive that way yeah but I just as having a little bit of background and I want to make them aware of also Brian Ryan was given a point of contact about a month ago Duke Energy has two Specialists that go come in and do the energy audit in the entire complex you may have already talked with them the for one guy or gal comes in and looks at everything how it's designed how much they use and try to find overall improvements for the entire building another individual come in and say they
104lose these freezers by here due to a lightning strike or something if they replace those and go with energy efficient models they give refunds on a lot of stuff rebates or refunds so hopefully you guys are are looking at lighting uh HVAC there's so many facets all the electrical devices you use computers everything here that's electrical if you look in on getting energy efficient equipment that takes off your Opera cost and that is part of uh and we've already done it with all the lighting and so we couldn't save any more money there uh but that is part the the company PSG and and one thing that is good for us because we're a small corporation uh they are proposing to do a full facility study for us and those things will be incorporated in
105that uh and they are looking to do it for us free of charge and that was one thing I was going to bring up in light of the new proposed deal up there on the hill is if we're already taxed on our operational cost here we're going to have to make sure there's operational cost monies up there for all the additions thank you thank you would anyone else like to speak if so please state your name and address and sign the signning sheet after you're done speaking Eric I'll let you to sign afterwards Eric actually Franklin Township easy question I hope um the government's got a program out there called Rule energy for America program has that been looked into at all to help with covering the cost of this solar no does it not
106apply to schools to help because there was a time when that program would cover 50% of the cost of a solar project we have not but I will please do will you email me the name of that r R energy for America program but I need I need I'll because my mind yeah thank you rap rule energy for America program okay thanks Keith name is Keith Bar uh I just have a question is this the same project that was already approved that you paid $367,000 and the board approved it to lock in the price for the panels for the panels yes so why are we talking about it now if it's already been approved in bond issuance okay I'm just playing catchup I didn't know we already this this is for the issuance of the
107bonds went through all the steps to approve it and we're past that I didn't know why now we just have to do the bonds okay thank you to all who participated in the hearing we appreciate your time and interest in the projects and future of our community please note that that the board will continue to work with the administration and its professionals to look for efficiencies to conserve tax dollars while meeting our education nor needes [Music] um yeah just come on up come on Donnie oh you said one back there come on then you got three now probably when you come up here I'm thinking of more as I come up especially since you're a tag as me Donnie H Lanesville um 1.87 million total project includes bonding cost so the actual cost you're going
108to need is one point what's the cost of bond a $1.5 million project bonding cost yeah Bond Council and all that yeah we had built in 17,000 okay and conservative estimates right now Bond rates are running about 5% low fours low fours there's a would there also be an option to look at um local financing from a financial institution since it's the tax exempt rate yeah You' save a lot of Bond calls I'm not put plug [Laughter] in I wonder local Banker guy yeah there you go he [Music] got okay doc Dr Apple could you please summarize the project resolution yeah project resolution is required once school is planning to finance more than a million dollars on a given facility or type of work it contains the estimated hard and soft construction cost and the
109cost of issuance and establishes the total project cost it also contains the estimated tax impact could I have a motion in second to adopt the pro project resolution any discussion I'll make a motion to accept the project resolution I'll second it okay any discuss if not all those in favor say I I I oppose same sign motion passes Dr Apple could you please summarize the additional appropriation resolution the additional appropriation resolution um provides the approval of the school corporation to appropriate the funds for the proposed project upon closing and receipt of the go bonds could I have a motion in second to adopt the additional appropriation res resolution I'll make a motion do I have a second I'll second any discussion if not all in favor please say I I I all the oppos same
110sign Dr Apple could you please summarize the final Bond resolution the next resolution to consider is the final Bond resolution the final Bond resolution contains the project cost maximum interest rate and other financial terms such as the first interest payment date and maturity dates of the bonds could I have a motion in a second to adopt the final Bond resolution I'll make the motion to approve the final Bond resolution do I have a second I'll second any discussion if not all those in favor say I I oppose same sign motion passes Dr Apple could you please summarize the resolution adopting the amended and restated post insurance compliance procedures the next resolution is to officially adopt our amended and restated post issuance compliance procedures this resolution amends the post issuance compliance procedures which the board previously
111adopted in 2017 in order to account for updates to federal tax and securities laws these procedures include specific policies for the review and approval of financing documents as well as continuing disclosure while bonds are outstanding could I have a motion in a second to adopt the resolution to adopt the amend it and restay at post Insurance compliance procedures I'll make a motion I'll second it any discussion all those in favor say I I I oppose same sign and that can I have an adjournment I'll make a motion we I'll second all those in favor I thank you e e for