CELINA CITY BOARD OF EDUCATION
APRIL 16, 2004
The Celina City Board of Education met in special session on April 16, 2004 at 11:08 a.m. in the conference room of the Educational Complex. Mrs. Lehman led those in attendance in the Pledge of Allegiance. Mr. Gilmore, Mrs. Hoyng, Mrs. Lehman and Mr. Rable answered the roll call. Mr. Fetters arrived late.
The main purpose of the meeting was to discuss and act on a memorandum of understanding with the Celina Education Association. The memorandum was distributed and discussed. The rational for proposing the memorandum was provided as well as the possible savings to the General Funds were presented.
Mr. Mike Marbaugh, Treasurer, told the Board about two pending financial issues. The District had been approached about the opportunity to refinance the 1996 Bond Issue. The first bond call date would be December, 2005. The rational to consider such an option would be to save the taxpayers money in the long term. Refinancing at this time would reduce the interest expense of the current debt, therefore reducing the millage needed to retire the debt.
The other item would be the issuance of tax anticipation notes against the recently approved tax levy. These notes may be needed to maintain a positive cash balance.
04-42 The Board on a motion by Mr. Gilmore, seconded by Mr. Rable, approved the following memorandum of understanding.
In an effort to maximize savings to the Board and reward employees for their service to the Board, the parties referenced herein have mutually agreed to amend Articles 28.02 and 28.04 of the collective bargaining agreement governing Early Retirement Incentive to reflect the following:
Eligibility and qualifications:
1. The certified/licensed employee must retire prior to the beginning of 2004-2005 school year.
2. The certified/licensed employee must provide a written resignation from his/her teaching contract with the district on or before May 13, 2004.
3. The certified/licensed employee must have been under a teaching/administrative contract with the Celina City School District Board of Education for at least fifteen years and must have at least thirty (30) years of service credit with State Teachers Retirement System (STRS).
4. This offer is limited to the first ten (10) certified/licensed employees who choose to participate and meet the terms above. This includes any certified/licensed personnel who have already submitted their resignation and meet the above criteria. If more than ten (10) certified/licensed employees accept the offer, this provision will be awarded by seniority according to the seniority list in the district.
Benefits:
If a certified/licensed employee is eligible and chooses to participate, the Celina City Board of Education will provide a retirement incentive in addition to the benefits included within the Master Agreement.
The certified/licensed employee will have the choice of one of two benefit programs:
1. In addition to the severance pay, Article 28.02.9 will be waived and the Board will purchase one year of service credit under Article 28.04.
2. If the certified/licensed employee chooses not to accept option one, the Board, in addition to the severance pay will provide a payment of fifteen thousand dollars ($15,000). This compensation will be paid in two parts. Ten thousand dollars ($10,000) will be paid by November 1, 2004. Five thousand dollars ($5,000) will be paid in addition to and in accordance with the terms in Article 28.02.5 – within 60 days of January 1, 2005.
This Memorandum shall expire at the end of the current contract.
VOTE: Mr. Fetters: Aye, Mr. Gilmore; Aye, Mrs. Hoyng: Aye, Mrs. Lehman: Aye, Mr. Rable: Aye. Approved.
04-43 The Board on a motion by Mr. Gilmore, seconded by Mrs. Hoyng, approved a pledge of support for the development of an ethanol plant in the district.
Motion by Mr. Gilmore, seconded by Mrs. Hoyng.
VOTE: Mr. Gilmore: Aye, Mrs. Hoyng: Aye, Mrs. Lehman: Aye, Mr. Rable: Aye.
Mr. Fetters: Aye. Approved.
With no other business, the meeting was adjourned a t 11:48 a.m.
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Board President Treasurer