January 9, 2020 Addendum

ADDENDUM TO THE JANUARY 9, 2020 BOARD OF EDUCATION AGENDA


New Business

Claims Audit ending December 2019

Recommend the Board approve a change in Erin Kisling’s teaching assistant schedule from 5.75 to 5.5 hours per day effective January 6, 2020.

Recommend the Board approve the following bond resolution:

BOND RESOLUTION DATED JANUARY 9, 2020 OF THE BOARD OF EDUCATION OF THE WATERFORD-HALFMOON UNION FREE SCHOOL DISTRICT AUTHORIZING NOT TO EXCEED $15,185,000 AGGREGATE PRINCIPAL AMOUNT OF SERIAL GENERAL OBLIGATION BONDS TO FINANCE THE RENOVATION AND RECONSTRUCTION OF THE K-12 SCHOOL BUILDING AND EXISTING ATHLETIC FIELDS AND FACILITIES, INCLUDING SITE WORK, AND THE ACQUISITION OF ORIGINAL FURNISHINGS, EQUIPMENT, MACHINERY OR APPARATUS, AT AN ESTIMATED MAXIMUM COST OF $15,185,000, THE EXPENDITURE OF SUCH SUM FOR SUCH PURPOSE, LEVY OF TAX IN ANNUAL INSTALLMENTS IN PAYMENT THEREOF, AND DETERMINING OTHER MATTERS IN CONNECTION THEREWITH.

WHEREAS, the qualified voters of the Waterford-Halfmoon Union Free School District (the “District”), at a special meeting of such voters duly held on the 10th day of December, 2019, duly approved propositions authorizing the issuance of serial general obligation bonds in an aggregate principal amount of not to exceed $15,185,000, to finance the renovation and reconstruction of the K-12 school building and existing athletic fields and facilities, including site work thereat, the acquisition of original furnishings, equipment, machinery or apparatus required for the purpose for which such building, athletic fields and facilities are to be used and payment of incidental costs related thereto, and the levy of the necessary tax therefor, to be levied upon the taxable property of the District and collected in annual installments as provided by Section 416 of the Education Law;
NOW THEREFOR, BE IT RESOLVED BY THIS BOARD OF EDUCATION AS FOLLOWS:
Section 1.  The District shall renovate and reconstruct the K-12 school building and existing athletic fields and facilities, including site work thereat, the acquisition of original furnishings, equipment, machinery or apparatus required for the purpose for which such building, athletic fields and facilities are to be used and payment of incidental costs related thereto, at a maximum cost of $15,185,000, as more particularly described in Section 3 hereof, and as generally outlined to and considered by the voters of the District at the special District meeting held on December 10, 2019.
Section 2.  The District is hereby authorized to issue its serial general obligation bonds (the “Bonds”) in the aggregate principal amount of not to exceed $15,185,000 pursuant to the Local Finance Law of New York, in order to finance the class of objects or purposes described herein.
Section 3.  The class of objects or purposes to be financed pursuant to this Resolution (the “Purpose”) is the renovation and reconstruction of the K-12 school building and existing athletic fields and facilities, including site work thereat, the acquisition of original furnishings, equipment, machinery or apparatus required for the purpose for which such building, athletic fields and facilities are to be used and payment of incidental costs related thereto.
Section 4.  It is hereby determined and declared that (a) the maximum cost of the Purpose, as estimated by the Board of Education, is $15,185,000, (b) no money has heretofore been authorized to be applied to the payment of the cost of the Purpose, and ( c ) the District plans to finance the cost of the Purpose from funds received from the State of New York as building aid and funds raised by the issuance of the Bonds and bond anticipation notes hereinafter referred to.
Section 5.  It is hereby determined that the Purpose is one of the class of objects or purposes described in Subdivision 97 of Paragraph a of Section 11.00 of the Local Finance Law, and that the period of probable usefulness of the Purpose is thirty (30) years.
Section 6.  Subject to the provisions of the Local Finance Law, the power to authorize the issuance of and to sell bond anticipation notes in anticipation of the sale of the Bonds, including renewals of such notes, is hereby delegated to the President of the Board of Education, the chief fiscal officer.
Section 7.  The power to further authorize the issuance of the Bonds and bond anticipation notes and to prescribe the terms, form and contents of the Bonds and bond anticipation notes, including the consolidation with other issues and the use of substantially level or declining debt service, subject to the provisions of this Resolution and the Local Finance Law, and to sell and deliver the Bonds and bond anticipation notes, is hereby delegated to the President of the Board of Education.  The President of the Board of Education is hereby authorized to sign and the District Clerk is hereby authorized to attest any Bonds and bond anticipation notes issued pursuant to this Resolution, and the District Clerk is hereby authorized to affix to such Bonds and bond anticipation notes the corporate seal of the District.
Section 8.  The faith and credit of the District are hereby irrevocably pledged for the payment of the principal of and interest on such Bonds and bond anticipation notes as the same respectively become due and payable.  An annual appropriation shall be made in each year sufficient to pay the principal of and interest on such obligations becoming due and payable in such year.  After taking into account New York State building aid received by the District, there shall be levied annually on all taxable real property of the District, a tax sufficient to pay the principal of and interest on such obligations as the same become due and payable.
Section 9.  This Resolution shall constitute the declaration of the District’s “official intent” to reimburse expenditures authorized by Section 1 with proceeds of the Bonds and notes, as required by United States Treasury Regulation Section 1.150-2.
Section 10. This Resolution, or a summary thereof, shall be published by the District Clerk together with a notice in substantially the form prescribed by Section 81.00 of said Local Finance Law, and such publication shall be in each official newspaper of the District.  The validity of the Bonds or of any bond anticipation notes issued in anticipation of the sale of the Bonds may be contested only if such obligations are authorized for an object or purpose for which the School District is not authorized to expend money, or the provisions of law which should be complied with at the date of publication of this Resolution are not substantially complied with, and an action, suit or proceeding contesting such validity is commenced within twenty (20) days after the date of such publication; or if said obligations are authorized in violation of the provisions of the Constitution.
Section 11.  This Resolution shall take effect immediately upon its adoption.



Recommend the Board approve the following legal notice:
LEGAL NOTICE

The resolution published herewith has been adopted on the 9th day of January, 2020, and the validity of the obligations authorized by such resolution may be hereafter contested only if such obligations were authorized for an object or purpose for which the Waterford-Halfmoon  Union Free School District is not authorized to expend money or if the provisions of law which should have been complied with as of the date of publication of this notice were not substantially complied with, and an action, suit or proceeding contesting such validity is commenced within twenty (20) days after the date of publication of this notice, or such obligations were authorized in violation of the provisions of the constitution.
A complete copy of the bond resolution summarized herewith is available for public inspection during regular business hours at the Office of the District Clerk of the Waterford-Halfmoon Union Free School District, 125 Middletown Road, Waterford, New York, 12188 for a period of twenty days from the date of publication of this Notice.District Clerk

BOND RESOLUTION DATED JANUARY 9, 2020 OF THE BOARD OF EDUCATION OF THE WATERFORD-HALFMOON UNION FREE SCHOOL DISTRICT AUTHORIZING NOT TO EXCEED $15,185,000 AGGREGATE PRINCIPAL AMOUNT OF SERIAL GENERAL OBLIGATION BONDS TO FINANCE THE RENOVATION AND RECONSTRUCTION OF THE K-12 SCHOOL BUILDING AND EXISTING ATHLETIC FIELDS AND FACILITIES, INCLUDING SITE WORK, AND THE ACQUISITION OF ORIGINAL FURNISHINGS, EQUIPMENT, MACHINERY OR APPARATUS, AT AN ESTIMATED MAXIMUM COST OF $15,185,000, THE EXPENDITURE OF SUCH SUM FOR SUCH PURPOSE, LEVY OF TAX IN ANNUAL INSTALLMENTS IN PAYMENT THEREOF, AND DETERMINING OTHER MATTERS IN CONNECTION THEREWITH.

Class of objects or purposes: renovation and reconstruction of the K-12 school building and existing athletic fields and facilities, including site work thereat, the acquisition of original furnishings, equipment, machinery or apparatus required for the purpose for which such building, athletic fields and facilities are to be used and payment of incidental costs related thereto
Maximum Estimated Cost: $15,185,000
Period of probable usefulness:  Thirty (30) years
Amount of obligations to be issued:  $15,185,000



Recommend the Board approve the following substitute elementary teachers; salary per the policy on substitute teacher pay: Deborah Angrisano, Mary Cotrona, Elaine Raftogiani

Recommend the Board approve the following teachers as members of the Academic Support Club; salary of $42 per hour; per the WTA contract: Annemarie Strife, Teri Tremblay, Darcy Pogue, Hollie Russo, Kate Biedl, Erin McBride, Patrice King, Jessica Sorensen.

INFORMATION
Enrollment ending December 2019
SCSBA Dinner Meeting
COMMENTS from the Board of Education, residents and staff
ADJOURNMENT