Indianola board approves $29,000,995 bond sale, multiple budget and staffing measures

The Indianola Community School District board unanimously approved a $29,000,995 bond issuance and a slate of funding and staffing measures during its meeting. Board members also approved requests for modified supplemental spending authority for open-enrollment students and English learners, accepted a Purple Star TLC petition, and approved several routine financial and procedural items.

Board members voted 7-0 to approve the monthly financial reports and then moved through several consent and action items. A board member summarized the bond plan as “This has to do with the sale of the $29,000,995 bond sale for the high school project” to complete most of Phase 1 and to fund a portion of Phase 2 planning. The board approved separate resolutions appointing a paying agent, bond registrar and transfer agent and authorized the required legal disclosures related to the issuance.

Votes at a glance

- Monthly financial reports: Motion approved, voice vote 7-0. - Modified supplemental amount — open-enrollment students not on prior-year headcount (about $295,000 spending authority requested): Motion carried, 7-0. Staff explained this provides spending authority and potential state reimbursement (no immediate cash). - Modified supplemental amount — English learners beyond four years (estimated “100 or less” students may be affected): Motion carried, 7-0. Staff said districts petition the SBRC for spending authority for students who have not exited the EL program by spring testing. - TLC Purple Star petition: Motion carried, 7-0; state partner organization support for training and professional development was noted. - Elementary curriculum teacher leader position: Motion carried, 7-0. - Resolution appointing paying agent, bond registrar and transfer agent (bond issuance procedures): Motion carried by roll call, 7-0. - Approval of tax-exempt certificate (roll call): 7-0 (each listed member recorded as 'Aye' in the transcript). - Approval of continuing disclosure certificate (roll call): 7-0. - Resolution authorizing bond issuance terms and pledging school and construction sales-and-use tax revenue bonds: Motion carried by roll call, 7-0.

Board members recording their votes by name during roll calls included Matt Rankin, Ben Metzger, Gary Christiansen, Ryan Wurling (name spelling inconsistent across the record), Sue Wilson, Jeanette/Janet Campbell (transcript uses both forms), Brady Darr and others; each roll call in the transcript returned unanimous ‘Aye’ votes. The transcript notes legal disclosure pages and that the district expects this to be the last bond issue for about a year. A specific bank name to serve as paying agent was referenced but not provided in the recorded remarks.

What’s next: The district will complete Phase 1 construction activities as weather and contractor schedules permit and proceed with bond closing and required post-issuance disclosure steps. The board did not record any dissent and did not table or postpone any of the motions.