Laserfiche WebLink
Following the adoption of the resolution, Mr. Felstad Indicated that the 7.2157% <br />effective Interest rate from Piper, Jaffray & Hopwood, the lowest bid received <br />was an excellent rate, below the original estimates and that Orono taxpayers <br />would be the beneficiaries. Therefor, the actual annual cost of the bond Issue <br />win be slightly below that publicized In the referendum brochure. <br />UPON MOTION by Kitty Crosby, seconded by Lucie Taylor, the Board of Education <br />received the school day schedule as presented and set an open hearing for <br />parents to comment on the schedule at 7:30 p.m.. May 8. The proposed school <br />schedule follows: <br />Grades Starting Time Ending Time Length of Day <br />H.S. <br />(9-12) <br />7:30 2:05 6 hours 35 minutes <br />Int./M.S. <br />(5-8) <br />8:10 2:45 6 hours *♦“ 35 minutes <br />Int./Elem. <br />(2-4) <br />9:05 3:25 6 hours 20 minutes <br />Primary <br />(K-1) <br />9:15 3:15 6 hours <br />Kindergarten : 9:15 - 11:45 <br />12:45 - 3:15 <br />Or. Mich provided background Information on pending legislation which would <br />negatively Impact our school district. He stated that excess levy referenda is <br />mainly sought to maintain programs In the face of Inadequate funding and the <br />option of school boards/community members to do this Is now In jeopardy because <br />of the actions of the legislature to cap excess levy referenda. Dr. Mich stated <br />that local control Is being eroded and that much work must be done to Influence <br />legislators to write a law that would assist suburban districts. Discussion <br />ensued regarding concerns/lnformatlon on equity funding. <br />Dr. Mich provided information for the Board regarding computer purchases for <br />1989-90. Board approval of these computer purchases would provide a second com­ <br />puter lab at the middle school, provide networking for the high school lab, <br />memory kits for the business lab, a printer for elementary and a Macintosh <br />system for the coordinator. Following this major purchase for 1989-90, the plan <br />will be to budget an amount each year (1990-91 on) to permit replacement of <br />computers.