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Newaygo board approves bond resolution, clears financing for middle-school boiler work
Summary
The Newaygo Public Schools Board voted 6-0 April 20 to approve a bond bid for middle-school boilers and to adopt a resolution awarding the bonds to Robert W. Baird & Company Inc.; the Business Manager also briefed the board on district finances and an upcoming Non-Homestead Millage renewal.
The Newaygo Public Schools Board of Education voted unanimously April 20 to advance financing that the administration said will support upcoming facilities work, including replacement of middle-school boilers.
Business Manager Kim Bidwell briefed the board on the district’s finances, reporting on the status of '31aa' funds and an overview of the planned sale of bonds. At the meeting the board approved a bond bid proposal for the middle-school boilers and later adopted a bid resolution to award the bonds to Robert W. Baird & Company Inc. Trustee John Bull moved the bond-resolution motion, which Trustee Jami Schultz seconded; a roll-call vote recorded every trustee as voting “Aye,” and the motion carried 6-0.
Why it matters: the approved bond actions authorize the district to complete steps necessary for a bond sale that administration described as tied to planned capital work. The transcript does not include the contract price for the boiler work, the underwriter’s fees, nor a contractor name for the installation — those details were not specified at the meeting.
Meeting details and actions: the board approved the bond bid proposal for middle-school boilers (motion moved by Trustee Jami Schultz, seconded by Trustee Bruce Gracik; vote 6-0) and separately approved a bid resolution awarding bonds to Robert W. Baird & Company Inc. (motion moved by Trustee John Bull, seconded by Trustee Jami Schultz; roll-call vote Aye: Grodus, Spicer, Bull, Gracik, Schultz, Frisbie; motion carried). The Business Manager’s finance briefing also covered the district’s 31aa funds and referenced informational material posted on the district website about the Non-Homestead Millage renewal.
The board took no vote at the meeting on the millage itself; administration said informational materials are available online for voters and stakeholders. The board did not specify an implementation timetable or contractor for the boiler work during the public portion of the meeting.
Next steps: the bond-resolution approval authorizes the district to proceed with the bond-sale process; additional transactional details (sale date, amounts, and contractor awards) were not provided in the transcript and will require follow-up with district administration if and when released.
