Arvin Union School District

737 Bear Mountain Boulevard

Arvin, CA 93203

 

Minutes of the Governing Board

  

Minutes of the Arvin Union School District Board of Trustees Financing Corporation Meeting held on May 20,       2008.

 

The meeting was called to order by Mr. Stoner at 6:35 p.m.

Call to Order

 

 

Members Present:  Mr. Bill Stoner, President                Mr. Tim Owens                  

                                Mrs. Joycene Tarver, Clerk            Mrs. Hilda Sumaya       

                                                                                       Mrs. Virgie Witte                     

Roll Call

 

 

Members Absent:   none

Member Absent

 

 

Staff Present: 

            Mrs. Jerelle Kavanagh, Superintendent

            Mrs. Marilyn Thompson, Assistant Superintendent

            Ms. Melanie Meadows, Bear Mountain Vice Principal

            Mr. Gayle Hui, El Camino Real Vice Principal

            Mrs. Laurie Bowden, Sierra Vista Vice Principal

            Mrs. Debbie L. Hearron, District Secretary

            Mrs. Jacalyn Roberts, Sierra Vista Teacher, ATA President

            Mrs. Toni Pichardo, Sierra Vista School Secretary, CSEA President

            Mrs. Ofelia Ramos, MOTS Secretary

            Mrs. Enedina Arreguin,  District Resource Clerk

            Ms. Carmen Downs, Bear Mountain Instructional Aide

            Mr. Dan Gyll, Haven Drive Teacher

            Mr. Rey Ramos,  Haven Drive Custodian/Driver

            Ms. Ericka Ramos, District Instructional Aide

            Mr. Jose Garcia,  Warehouse Clerk

            Mrs. Maria Pantoja, Resource Clerk

            Mr. David Hopkins, Bus Barn Custodian/Driver

            Ms. Cynthia Moran, Haven Drive Campus Supervisor

            Mr. Mark Nicholas,  Assistant Director of MOT

            Mr. Ryan Culberson, Haven Drive Teacher

            Mrs. Amanda Torres, Haven Drive Instructional Aide

            Mr. Randy Hooser, Haven Drive Custodian/Driver

            Mrs. Lisette Macias, Haven Drive Custodian/Driver

            Mr. Rick Perez, El Camino Real Custodian/Driver

            Ms. Gloria Garcia, Sierra Vista Custodian/Driver

            Ms. Blanca Virvez, Sierra Vista Instructional Aide

            Mrs. Eva Machado, Bear Mountain Library Clerk 

            Ms. Maria C. Rodriguez, Sierra Vista Instructional Aide

            Ms. Elvia Garcia, Bear Mountain Instructional Aide

            Ms. Maria Arredondo,  Haven Drive Custodian/Driver

           Ms. Ofelia Salas, Bear Mountain Custodian/Driver

Staff Present

 

 

Others Present:  Mr. Jeff Kirby, CSEA Representative; Y. M. Mendez; Rosemarie Slater; Susann Flower; Armundo Rubia; Anabel Rubio; Timoteo Prado; Leticia Garcia; Rosa Reynoso; Michelle Nichols; Maria Hernandez; Consuelo Escobar; Dalia Villalon; Nicolas Gonzalez; Jose Escobar.

Others

 

 

Mrs. Tarver led the pledge of allegiance.

Pledge of Allegiance

 

 

On motion of Mr. Owens, seconded by Mrs. Tarver, the board unanimously approved the minutes of the Financing Corporation Meeting of April 17, 2007.

Minutes

 

 

On motion of Mr. Owens, seconded by Mrs. Sumaya, the board unanimously approved the Financial Reports year ending November 1, 2007 as follows:

Financial Reports 11/1/05

 

 

1996 - $3,270,000 Bonds – year ending November 1, 2007.

                                    Principal Payment          $150,000

                                    Interest Payment           $  90,300

                                    Debt Service total          $240,300

 

                                    Totals – May 1, 1996 to November 1, 2007

                                    Principal Payment          Interest Payment           Debt Service Total

                                    $1,825,000                    $1,591,732.50                $3,416,732.50

 

1996 - $1,080,000 Bonds – year ending November 1, 2007.

                                    Principal Payment          $  65,000.00

                                    Interest Payment           $  36,072.50

                                    Debt Service total          $101,072.50

 

                                    Totals – May 1, 1996 to November 1, 2007

                                    Principal Payment          Interest Payment           Debt Service Total

                                    $505,000                       $624,322.50                  $1,129,322.50

 

2004 Series 2004A - $5,059,248.30 Bonds – year ending November 1, 2007.

                                    Principal Payment          $  55,000.00

                                    Interest Payment           $221,258.76

                                                                        $276,258.76

 

                                    Totals – May 1, 2004 to November 1, 2007

                                    Principal Payment          Interest Payment           Debt Service Total

                                    $95,000.00                    $754,781.56                  $849,781.56

 

 

 

 

 

 

 

 

 

1989 Series 2005 - $768,834.55 Bonds – year ending November 1, 2007.

                                    Principal Payment          $  80,000.00

                                    Interest Payment           $  29,050.00

                                                                        $109,050.00

 

                                    Totals – May 1, 2004 to November 1, 2007

                                    Principal Payment          Interest Payment           Debt Service Total

                                    $155,000.00                  $66,530.69                    $221,530.69

 

 

 

On motion of Mrs. Tarver, seconded by Mr. Owens, the board unanimously approved to adjourn the meeting at 6:38 p.m.

Adjournment

 

 

 

 

                                                                                                                                                                               

Clerk                                                                                      Secretary