CARMICHAELS – Carmichaels Area School Board expects to review information next month regarding the issuance of additional bonds that will be needed to fund the district’s proposed school renovation plan.
District business manager Amy Todd told the board Monday she had contacted the district’s bond underwriter regarding the bond issue and expects to have information to the board in January.
The board is planned to renovate all three of its buildings, a project estimated to cost between $23 and $25 million. State reimbursement for the project would lower the district’s costs to between $16 million and $18 million.
The board in June had voted to issue $10 million in bonds for the project, citing the low interest rates that were being offered at the time.
Todd said Monday rates have fallen even lower since the time of the first bond issue.
The district earlier also filed its initial application to receive reimbursement from the state for the proposed project, under the state’s planning and construction process.
The board held its reorganization meeting, re-electing Thomas Ricco as board president and Mel Berardi as vice president. Ricco will serve his third consecutive year as president.
Sam Davis was retained as board solicitor. The board agreed to continue to meet at 7 p.m. the third Thursday of each month.
The board granted a half-year medical sabbatical to second-grade teacher Susan Frye and hired Brittney Giovanelli as a long-term substitute to replace her.
The board also accepted the resignation of Rhonda Sinn, a personal care aide.
The board approved a request by the softball team to attend a softball tournament in Myrtle Beach, N.C., from March 26 to 30.
The board tabled the trip last month when it was scheduled from March 14 to 24 because an assistant coach who was to attend would be absent when his sixth-grade class took the Pennsylvania System of School Assessment tests.
Head softball coach David Briggs, however, re-arranged the trip to avoid the test days. Superintendent Craig Baily said students going on the trip would miss only a half of a day of class.
Board member Jerry Simkovic also commended the softball boosters who raised money to pay for the trip. The trip was at no cost to the district.
Board member Ken Ganocy abstained on the motion, saying he wanted the team to participate but believed Myrtle Beach was too long of a distance to travel.
The board also approved a trip for the drama club to New York City from March 8 to 10. Ganocy again abstained citing the distance the group would have to travel.