Some badly needed maintenance projects will get a breath of life after the Uvalde Consolidated Independent School District board of trustees approved a resolution authorizing the issuance of nearly $3.9 million in maintenance tax notes during their Monday night regular meeting.
In the same breath, the board authorized the execution and delivery of time warrants, which will be issued April 26.
First State Bank of Uvalde outbid eight other banking institutions, including Broadway National Bank, JP Morgan Chase and First National Bank of Texas. First State Bank’s low bid on the maintenance tax notes was 2.799 percent and 1.919 percent on time warrants.
The district’s investment firm of Estrada Hinojosa and Company distributed a request for bids to 35 banks.
Maintenance tax notes allow the district to construct, repair, renovate, or purchase school buildings, school equipment, or equip school properties with necessary heating, water, sanitation, lunchroom, or electric facilities.
Annual payments on the notes are paid from the maintenance tax. Project fund amount is $3,885,000 plus $90,000 for cost of issuance. Cost of issuance includes attorney general fees, bond counsel fees and expenses plus escrow agent and financial advisors.
The term is for 15 years with total debt service of $4,888,009. Total interest amounts to $913,009 on the maintenance tax notes.
Time warrant funds amount to $105,000 of which $5,000 is cost of issuance. The time warrant term is five years at an interest rate of 1.919 percent, and total debt service is $109,625 which includes $4,625 interest.
Approval from the Attorney General is expected April 23 and UCISD will close on financing April 26.
David Gonzales, representing Estrada Hinojosa and Company, was the facilitator in this transaction.
Information concerning recreating a district print shop preceded approval of a copier lease agreement with Quality Print Solutions. The local company submitted a monthly lease and maintenance bid of $6,796, substantially under the next lowest bid of Richo USA at $9,506.
Two other bids were submitted by Lone Star Copiers ($12,301) and Documation ($14,806).
The current district expense for all 31 copiers is $104,940, not including copy paper or copy overages. Total average monthly impressions have been running 668,501.
Should the board pursue reinstalling the district print shop, Dahill, a Xerox company was invited to make a presentation reviewing their services.
Claiming to be the world’s leading document imaging and document management technology enterprise, Wayne Parker unveiled the company overview.
Dahill is the largest Texas-based office technology company. They have 15 Texas locations, 7,000 customers and with over 65,000 machines in the field, service five billion impressions annually.
It would allow the district to print all materials currently contracted out, in-house. Items such as football programs, course catalogs, handbooks, and even the campus yearbooks.
This was an information item only.
The board approved Budget Amendment #4 which did not remove any money from the fund balance.
They also approved extra duty pay rates for the 2018-2019 summer literacy camp. This is part of the UCISD plan to increase early literacy skills. A four week literacy camp will target struggling readers in K-3.
Professionals will receive $40 per hour and paraprofessionals, $15 per hour. The camp will be funded primarily through State Compensatory Education and Title I Part A funds.
The board accepted a donation from the Uvalde Athletic Booster Club which was initially presented in January in the amount of $22,500, dispersed equally to the nine separate sports.
A couple of other informational items included Superintendent Jeanette Ball on Student Voices and Deputy Superintendent, Hal Harrell, reiterating points concerning the UCISD discipline policy.
Student Voices would be a plan to include students in the educational process. “We want to make sure students feel engaged in the process,” voiced Ball. “We would be gathering input specifically from the students.”
Board president Mickey Gerdes added, “Students are self educators, and we need to be responsive to their needs. We need to make them educational partners.”
After a closed session, the board employed Norma Carranza as an assistant principal for Morales Junior High, replacing Timothy Driggers; and Darlene Gukenberger as occupational therapist to do contract work for the special education department.
Anthon teacher Gloria Carrilo and Robb teacher Kay Oliphant are retiring at the end of the year.
Several resignations were accepted including Morales Junior High assistant principals, Timothy Driggers and Virginia Elliott. Also, Frances Martinez, assistant principal at Flores resigned.
Other personnel resigning included Lauren D’Orazio, Scott Davis, Matthew Garner, Ashley Hauptman, Wesley McKinley, Brett Mosley and Linda Weatherwax.
Coyote basketball varsity coach Billy Ramey and his assistant, Ramon Buruato, also resigned.
All UCISD board members were present except Carlos Fernandez.
Next regular board meeting is scheduled for April 16.