Board Special Session 2/3/15


Tuesday, February 3, 2015


The South Hamilton Board of Education met in special session on Tuesday, February 3, 2015 in the Boardroom at the Middle/High School. President Will Johnston called the meeting to order at 6:00 p.m. with the following members present: Mike Grove, Marie Johnson, Joely Swenson, and Amber Van De Pol. Absent: None. Also present: Superintendent Ken Howard, Secondary Principal Scott Dryer and Board Secretary Susan Headley. Elementary Principal Paul Hemphill arrived at 7:20 p.m.


The purpose of the work session was to hold discussion on the district’s capital projects financial status, prospective funding sources, and potential building projects(s) based upon each of the bonding conditions.


Matt Gillaspie, Senior Vice President of Piper Jaffray & Co., was present to outline financing options including PPEL Capital Loan Notes; Sales Tax Revenue Bonds; and General Obligation School Bonds.


Mark Theissen of Angelo Architectural Associates, LLC was present for discussion on potential building projects.


MOTION-TO-ADJOURN: Motion by Swenson, second by Van De Pol to adjourn. Meeting adjourned at 8:50 p.m. Motion carried unanimously.



William D. Johnston                                                         Susan L. Headley

President, Board of Directors                                            Secretary, Board of Directors