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Board closes two debt accounts and approves purchase of a school bus using bond funds
Summary
The Frankfort-Elberta Area Schools board voted to close two small debt accounts and approved buying a replacement bus (board packet lists a Midwest Transit quote of about $145,700) to be paid from bond proceeds; roll-call votes recorded affirmative responses from attending members.
The Frankfort-Elberta Area Schools board moved to close two legacy debt accounts and approved a bus purchase financed with existing bond proceeds.
On action item 8.2 the board approved the superintendent’s recommendation to close the 2015 debt account (reported remaining balance approximately $1,500) and transfer that balance to the 2022 debt account, and to close the 2021 debt account (reported remaining balance roughly $55,700) and transfer those funds to the 2024 debt account. The motion carried after a board motion and second.
Later in the meeting the board considered school-bus purchase bids from Holland Bus Company, Midwest Transit and HRA Thomas Bus. Based on a recommendation in the packet from Mr. Akens, the board approved purchasing one bus from Midwest Transit to keep fleet parts and maintenance uniform with neighboring districts; the packet referenced a quoted price of about $145,700. Board members confirmed the purchase will be made with bond funds. The roll-call vote recorded in the transcript shows Wes, Scott, Liz and Brian voting in favor.
The board also approved the consent agenda earlier in the meeting (items 41–43) with no public comment.
Board members and administrators said they will continue coordinating procurement and accounting steps to implement the approved transfers and purchase.
