Minutes of the Arvin Union School District Board of Trustees
Financing Corporation Meeting held on April 17, 2007.
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The meeting was called to order by Mr. Stoner at
6:32 p.m. |
Call to Order |
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Members Present: Mr. Bill Stoner, President Mr. Tim Owens Mrs. Joycene
Tarver, Clerk Mr. Angel
Sumaya Mr.
Fausto Sanchez |
Roll Call |
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Members Absent:
none |
Member Absent |
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Staff Present: Dr. Kenneth R.
Bergevin, Superintendent
Mrs. Jerelle D. Kavanagh, Assistant Superintendent
Mr. David Bowling,
Ms. Aurora Moran,
Mrs.
Mrs. Marilyn Thompson, Sierra Vista Principal
Ms. Lynn Orong, Director of Fiscal Services
Mrs.
Debbie L. Hearron, District Secretary Mrs. Jacalyn Roberts, Mrs. Michelle Leggett, Director
of Student Support Services
Mrs. Luz Banuelos, Migrant Office Clerk Mr. Steve Hibbard, |
Staff Present |
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Others Present: Ms. Rene Goodwin, Colombo Construction
Company; Mr. Bill Melby, Ordiz-Melby Architect; Cathie Barraza, Kern County
Superintendent of Schools Office. |
Others |
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Mrs. Tarver led the pledge of
allegiance. |
Pledge of Allegiance |
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On motion of Mr. Owens, seconded
by Mrs. Tarver, the board unanimously approved the minutes of the Financing
Corporation Meeting of April 18, 2006. |
Minutes |
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On motion of Mr. Owens, seconded
by Mr. Sumaya, the board unanimously approved the Financial Reports year
ending November 1, 2006 as follows: |
Financial Reports 11/1/05 |
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1996 - $3,270,000 Bonds – year ending
November 1, 2006. Principal
Payment $270,000 Interest
Payment $104,475 Debt
Service total $374,475 Totals
– May 1, 1996 to November 1, 2006 Principal
Payment Interest Payment Debt Service Total $1,675,000 $1,501,432.50 $3,176,432.50 1996 - $1,080,000 Bonds – year ending
November 1, 2006. Principal
Payment $ 60,000.00 Interest
Payment $ 39,462.50 Debt
Service total $ 99,462.50 Totals
– May 1, 1996 to November 1, 2006 Principal
Payment Interest Payment Debt Service Total $444,000 $588,250 $1,028,250 2004 Series 2004A - $5,059,248.30 Bonds –
year ending November 1, 2006. Principal
Payment $ 40,000.00 Interest
Payment $222,558.76 $262,558.76 Totals
– May 1, 2004 to November 1, 2006 Principal
Payment Interest Payment Debt Service Total $40,000.00 $533,522.80 $573,522.80 1989 Series 2005 - $768,834.55 Bonds –
year ending November 1, 2006. Principal
Payment $ 75,000.00 Interest
Payment $ 32,050.00 $107,050.00 Totals
– May 1, 2004 to November 1, 2006 Principal
Payment Interest Payment Debt Service Total $75,000.00 $37,480.69 $112,480.69 |
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On motion of Mr. Owens, seconded by Mr. Sumaya, the board unanimously
approved to adjourn the meeting at 6:36 p.m. |
Adjournment |
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Clerk Secretary |
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