The board held a public hearing concerning the intent to sell $2,805,000 School Fire Prevention and Safety Bonds. Fieldcrest Superintendent Dr. Dan Oakley said $1,988,000 is needed for Life-Safety improvements at Fieldcrest Intermediate in Toluca and Fieldcrest Primary in Minonk plus another $100,000 for asbestos abatement for a total of around $2,100,000. The money from the bond can only be used for Life Safety improvements. Also, the bonds can be purchased in increments instead of all at once. Any money left over after the improvements are made can be used to help pay off the bond or the left over money can be invested in a US Treasury bond but cannot have an interest rate greater than the Life-Safety bonds.
At the beginning of the meeting, representatives from Skills USA honored Fieldcrest student Cassandra Meyers for taking first place in the welding competition at Springfield last weekend. She said it took her 80 hours to make the scale model car that won first prize.
In other business, the board approved the extension of all Fieldcrest principals' contract by 1 year through FY21, approved an amendment to the Superintendent's contract, approved a Standards-Based report card for grades 4-6, approved an annual IESA renewal for $800 and approved a construction management services contract with Cordogan Clark.
Dr. Oakley said there will be a meeting of the Building Design Team at the Fieldcrest High School library Thursday, April 26, at 6:30 pm.