Vice President Nan Polk and the New Castle Community School Board of Trustees unanimously approved a package of financial and governance measures during their July 14 meeting, including a lease, an additional appropriation and resolutions tied to construction contracts and ongoing financing disclosures.
The board voted 4-0 to approve the Resolution Authorizing Execution of Lease, the Additional Appropriation Resolution, the Resolution Reapproving Building Corporation, the Resolution Assigning Construction Bids and Contracts, and the Resolution Approving Sixth Supplement to Master Continuing Disclosure Undertaking. The motions were moved and seconded by board members and recorded as carried 4-0.
The actions also included ratification of an appointment to the districts Building Corporation board: the board voted 4-0 to approve Josh Blessing as an appointee to the Building Corporation. The motion to approve the appointment was made by Jaci Hadsell and seconded by Josh Estelle.
Superintendent Matthew Shoemaker and Chief Financial Officer Megan Bell were present at the meeting; Attorney Joel Harvey noted the need to ratify the Building Corporation appointment prior to the vote. The board did not record extended discussion on the resolutions in the public minutes.
Why it matters: the approved measures enable the district to proceed with lease-related obligations, authorize additional appropriations to cover specified expenses and assign construction contracts, and they update continuing disclosure documents used for public finance transparency. The appointment to the Building Corporation places a named representative on the entity that executes construction financing for the district.
Details and next steps: the minutes show the motions carried unanimously with Jaci Hadsell, Secretary, and other board members making and seconding motions. The record does not specify dollar amounts tied to the additional appropriation or the specific construction contract awards in the public minutes; those details were not listed in the meeting record and are not reported here.
The board recessed with no further action on these items at 7:45 p.m.