United BOE accepts funds raised at Eggstravaganza
HANOVERTON – The United Local school board accepted $7,000 raised at the United Community Scholarship Foundation’s Eggstravaganza Breakfast on Feb. 23. during Wednesday’s meeting.
The money will be used for scholarships.
The board also approved a $4,890 donation for the athletic department from the athletic booster club for girls and boys junior high school basketball uniforms.
High School Principal William Young wondered aloud, “What would we do without the boosters?”
In other business, the board approved the retirement-resignation of 35-year employee Sharon Jakubowski at the end of the 2012-2013 school year; approved the renewal of an administrative contract for Ed Ridgeway as elementary school assistant principal effective Aug. 1, 2013 through July 31, 2014.
The board also approved a three-year administrative contract for Frank Baker as assistant high school principal from Aug. 1, 2013 through July 31, 2016; approved a list of community volunteers for various tasks for the school year; approved Kathy Taucher for a 12-week quilting class for $323; and the lateral movement of Shawn Hicklin (masters to masters +15) and Lori Raymond (bachelor to bachelor/150); and accepted, due to personal time constraints, the resignation of Ken Beaumariage as assistant junior high school girls track coach.
In other action, the board approved one-year supplemental contracts for Sarah Durham as assistant varsity track coach and Toni Beam as assistant junior high girls track coach.
The board also approved a seat cushion sale to benefit the girls soccer team.
In other business, Building and Grounds Supervisor Tom Clemens said the modular classroom passed final inspection and has been back in use for two weeks without any smoke smells.
Clemens said he is continuing to obtain quotes for security cameras.
Also, with $994,027 in district investments set to mature by Oct. 26, Treasurer Kathy Davies noted after the meeting that the money would most likely be reinvested.
A $97,000 investment with National City Bank in Cleveland is set to mature next month at a rate of 4.250 percent; a Huntington National Bank note of $150,000 will mature in August at a rate of 1.5 percent; while a $500,000 investment with the Federal National Mortgage Association will mature in October at 1.250 percent; and a GE Capital Bank note for $247,027 will also mature in October at a rate of 1.800 percent.
Davies said the districts investment policy is restricted by law and noted the interest rates on other investments, many at 1.0 percent interest rates and just above, were very low.
Good interest rates have been a challenge for small government agency investments for a couple of years.
In other business, the board held an executive session for personnel and no action was taken.
Larry Shields can be reached at firstname.lastname@example.org