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Board approves investment policy changes, facility and program purchases, and labor agreement; several votes waived to one reading
Summary
The Lincoln Board of Education on Feb. 25 approved updates to district banking and investing policies, a pool-unit replacement at East High, the processing of USDA commodity mozzarella for school meals, a $100,000 NDE grant application for an anatomy table, two student calendars and a one-year LEA contract, with several items advanced on a single reading.
The Lincoln Board of Education on Feb. 25 approved a package of policy changes, facility projects, food-service processing, grant applications and a one-year negotiated agreement with the Lincoln Education Association (LEA), with several items advanced on a single reading because of calendar timing.
Board members voted to adopt changes to Policy 3510 (Depository) and Policy 3520 (Investing) in a single-reading action to align district practice with a pooled investment option recommended by Union Bank; staff said counsel, the district’s bond attorney and its financial adviser reviewed the language. The motion to set aside the board’s normal two-reading practice and adopt the policies passed on a roll-call vote.
Also approved on the consent/waived-reading agenda: - East High School pool unit replacement, project number 111111. District staff said the mechanical unit conditions water and air in the natatorium and the replacement includes adding a rooftop mechanical room and associated roof work;…
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