Grayson County Schools authorized bond refinancing, as well as a number of maintenance projects on Thursday evening, May 11.
Prior to Thursday’s Grayson County School Board meeting, the Grayson County School District Finance Corporation held a special-called meeting to discuss refinancing bonds from 2008 for an energy savings project on heating and cooling.
According to Grayson County Schools Finance Officer Erin Embry, refinancing the bonds is estimated to save the school system $10,000 to $13,000 per year for the next 11 years, for total savings of more than $100,000.
The School District Finance Corporation voted to refinance these bonds.
Following this special-called meeting, the Grayson County School Board called its regular meeting to order.
The School Board approved bids on several maintenance projects, which are expected to be done over the summer.
The first of these projects is painting the Grayson County High School gym ceiling, which will cost $19,000 plus an additional $3,400 for duct work and be done R.L. Smith Co.
The second project is resurfacing the student parking lot at Grayson County High School. This work will cost $46,881 and be done by Scotty’s Contracting & Stone.
The School Board also accepted a bid from Scotty’s for $79,000 for maintenance work on the tennis courts. This work will include removing damaged material and re-blacktopping the tennis courts; re-coating the courts with an approved surface and marking them; and installing new poles, nets, center straps, ground sleeves, and ground anchors for the center straps.
In other business:
*Monica Heavrin, Director of Special Education at Grayson County Schools, recognized Grayson County’s firefighters for their service collecting donations during the annual WHAS Crusade for Children, which will be held later this month.
Through the donations, approximately $904,168 have been collected to date, and funds raised have allowed the schools to establish state of the art equipment, including sensory areas, for students with special needs.
*In one motion, the School Board approved the following items:
The auditor’s contract for the 2017-2018 school year; the salary schedules for the 2017-2018 school year; the tentative budget for the 2017-2018 school year; the performance bond for Embry in the amount of $400,000; the School Facilities Construction Commission’s fiscal year 2017 third KETS offer of assistance in the amount of $19,304, which must be matched equally by the School Board or escrowed for up the three years; contracting with the Green River Regional Educational Cooperative, Inc. in the 2017-2018 year; a 48-month lease agreement with the Lang Company for equipment; the repair of two parking spots at Caneyville Elementary School; Food Service’s continued use of HPS as a group buying organization for food service bids; a shortened school day/school week for a GCHS student; a shortened school week for two Clarkson Elementary School students; a trip request from the Clarkson and Lawler Elementary School Honor Club; nine trip requests from GCHS; and two employees’ requests for leaves of absence for the remainder of the school year.
*School Board Chair Carolyn Thomason reminded that the last day of school will be Wednesday, May 24, and GCHS graduation will be Saturday, May 27 at 3 p.m.
Reach Matt Lasley at 270-259-9622, ext. 2015.