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A-R could save $50,000 by refinancing bonds

By Staff | Mar 5, 2008

Refinancing bonds for the north addition on the Armstrong facility could save the Armstrong-Ringsted Community School District $40,000 to $50,000, and the district intends to look further into it.

Meeting Monday night in Ringsted, the board learned that it could save by refinancing due to lower interest rates. The issue will be on the agenda for the March 24 board meeting.

In other business, the board discussed and approved the 2008-09 school calendar. By starting classes Aug. 21 and having classes up to Dec. 23, the school year could conclude by Memorial Day, including snow days.

The board also discussed revisiting tri-district strategic planning with North Kossuth and Sentral school districts. “That was a resounding yes,” Superintendent Randy Collins said of the board’s sentiments regarding the issue.

North Kossuth and Sentral are currently having their own discussions regarding strategic planning.

Board President Rod Foster will invite the presidents of the North Kossuth and Sentral boards to resume tri-district planning.

The board approved second reading of the Civility Policy to accommodate changes in the Iowa Code. Previous board policies deferred to the school board authority to remove an individual from school grounds. The new policy would allow the superintendent or designee to have an individual removed.

In other business coming before the board:

n March 24 was set for a public hearing on the district budget.

n The board approved a resolution allowing the district to use the state budget guarantee program in fiscal 2009. The guarantee for last year was $60,000 and for next year will be $38,000, Collins said.

n Jon Larsen asked to resign as individual speech coach. The board accepted his resignation provided a suitable replacement be found.

n Two early retirements were approved, Julaine Thiesse, science, and Diane Mathers, kindergarten.

n Ryan Luedtke, former assistant baseball coach, was hired as head baseball coach.

n The board took note that bids will be opened for asbestos abatement at both Armstrong and Ringsted 2 p.m. Friday in the district office.

n Nate Hanson shared the coach evaluation tool with the board.

n Micah Gearhart updated the board on the multiage classroom.