MONDAY, MARCH 28, 2011

Un-Official Minutes

Call to Order: Board President Dorene Scheffel called the special meeting to order at 5:30 pm. At roll call, the following board members responded as present: Dan Feller, Rob Livingston, Ron Stazzoni and Dorene Scheffel. Absent: Bob Hendrix, Amie Studer, Daryl Weilage

Administrators: Administrators present were Dr. Mark Schweer and Dale Kreher

Guest in attendance: None

Approve Agenda: Mr. Feller moved, seconded by Mr. Stazzoni, that the agenda be approved as presented. Discussion: None Carried: 4-0

Discussion Item

3.01 Resolution of Refinancing General Obligation Bonds

The resolution on February 21, 2011 provided for optional redemption on any date on or after May 1, 2016 (for bonds maturing on or after May 1, 2017 and thereafter). That language is being amended to provide for optional redemption on or after May 1, 2018 (for bonds maturing on or after May 1, 2019). In other words, the Bonds are optional for redemption starting on May 1, 2018 and thereafter, rather than May 1, 2016 and thereafter.

Action Item

4.01 Resolution of Refinancing General Obligation Bonds

Mr. Feller moved, seconded by Mr. Stazzoni, that the Lewis Central Board of Directors amend the Resolution adopted on February 21, 2011 approving the award and issuance of General Obligation School Refunding Bond. Discussion: None Carried: 4-0

Adjournment

With no further business before them, at 5:35 p.m. Mr. Stazzoni made a motion to adjourn the meeting. Mr. Feller seconded, the motion passed unanimously by voice vote.

Approved – Dorene Scheffel Dale Kreher

President, Lewis Central Board of Education Board Secretary, Lewis Central Board of Education