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Fillmore Central refinances building bonds


Fri, Jan 30th, 2009
Posted in Education



HARMONY - Fillmore Central's new school board passed a resolution involving the sale of general obligation bonds. Money from the bonds will refinance $1,395,000 in debt service on the elementary school. The bonding will reduce the tax levy by $70,000 per year.

Jim Schmidt from Springsted Bonding was at the meeting to explain the "trigger" resolution. "Instead of setting a sale date, we will set parameters that will trigger a sale," said Schmidt. Passing the resolution gave Superintendent Myrna Luehmann and Business Manager Kathy Whalen the authority to sell the bonds when those criteria are met. The board will then approve it at the following meeting.

Schmidt explained that the market is currently very unpredictable, and this way they can monitor it. If the criteria are not met before the sunset date of March 27, the resolution will die. Schmidt felt certain that the sale could be made very soon.

The key parameters are that the sale must save the district at least $70,000 in net savings. The sale must also have a true interest of 3.25-percent or lower per annum.

Schmidt stressed that the $70,000 savings is a direct savings to taxpayers, as it will reduce future levies. They already have an underwriter lined up for the bonds.

Superintendent/Principal

Contract

Chair person Sue Sikkink recommended the board approve the renewal of Luehmann's Superintendent/K-8 Principal contract for another year. She would keep the salary and stipend the same and add the 403B benefit to her contract.

Board member John Torgrimson said that he was expecting the contract to go through the Negotiations Committee like all teacher contracts do. He stressed that he felt Luehmann was doing a great job, but was concerned about the process.

Sikkink didn't believe that the Superintendent contract had ever gone through the Negotiations Committee before.

"I don't think there's an issue here," she said. "She wants to continue another year."

Board member Deb Ristau asked if in the future the committee would look at the contract. There was some question about how the job will be replaced whenever Luehmann retires.Sikkink explained that in the contract there is a letter of understanding that keeps the two jobs separate for when that day comes. The board will have to decide at that point whether they will fill the position with another Superintendent/Principal combination, or hire them separately.< .....
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Fillmore Central celebrates Sno Daze

Fri, Jan 30th, 2009
Posted in Education



When it comes to events at Fillmore Central High School, three stand out above the rest: Homecoming, Prom, and Sno Daze. During the week of January 26-30 Fillmore Central students celebrated Sno Daze. This is a week in the middle of the year ..... 
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Kingsland Board meets for first time in 2009

Fri, Jan 23rd, 2009
Posted in Education

The new school board members found their places around the meeting table as the first meeting with the new members in attendance got underway. Members Peggy Merkel, Al Williams and Kristin Beck received their indoctrination into conducting the busin ..... 
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"A Jury of Her Peers"

Fri, Jan 2nd, 2009
Posted in Education

Suspicious activity on a small town farm. An abusive husband strangled in his sleep. A scheming "jury" of women trying to disguise a crime. These are only a few of the eerie elements appearing in "A Jury of Her Peers", Fillmore Central High School's ..... 
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Fillmore Central School Board meets with Representative-elect Davids

Fri, Dec 26th, 2008
Posted in Education

PRESTON - Representative-elect Greg Davids spoke to the Fillmore Central School Board during their regular meeting on December 22. Davids, a former Representative, will once again be representing southeast Minnesota at the capitol in January.

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R-P school officials meet with Walz regarding funding

Fri, Dec 19th, 2008
Posted in Education

Tough times call for tough measures, and the Rushford-Peterson school district is going on the offensive to seek school funding, while at the same time practicing good old-fashioned belt-tightening.

Superintendent Chuck Ehler, board member D ..... 
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Kingsland recognizes retiring school board members

Fri, Dec 19th, 2008
Posted in Education

It was the end of the year for the Kingsland School Board and members recognized the retiring members, Robert Grabau, Jane Baker and Tom Kaase at the December 15 meeting. Baker has a total of 8 years along with Tom Kaase also with 8 years. Robert Gr ..... 
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Fillmore Central approves bond sale for retiree benefits

Fri, Nov 28th, 2008
Posted in Education

HARMONY - The Fillmore Central School Board approved the sale of general obligation (Other Post Employment Benefits) bonds totalling $1,180,000 at their November 25 meeting. The bonds will be used to pay retiree benefits over the next 20 years, free ..... 
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Lanseboro School Board discusses test results

Fri, Nov 21st, 2008
Posted in Education

At its regular meeting on November 20, the Lanesboro school board discussed the results of 11th grade scores on math in MCA state standard testing, with scores falling slightly below a statewide average of 30-percent. Seventh and Eighth graders did ..... 
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