Bond Oversight Committee Meeting Minutes Bellevue, Nebraska Official Minutes April 27, 2023
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The meeting began at 5:30 p.m. via Zoom.
Bond Refunding – Dr. Rippe explained to the Committee the district has a unique opportunity to save tax payers money and potentially lower the bond levy by issuing a new set of Tax Exempt General Obligation Bonds. D.A. Davidson will present the information to the Board at the May 8th board meeting for approval.
Frank Kumor Career Center – Dr. Rippe shared the District has been in discussions with the BPS Foundation on moving from their current location at the Support Center, to building out space in the Frank Kumor Career Center. There is space the district would not use for future programs, which would make the BPS Foundation more visible and accessible for donors and community members. Bond funds would not be used, as the BPS Foundation would pay for the project. The district would potentially enter into a 20-year lease agreement with the BPS Foundation if the School Board approves of the agreement.
Lied Activity Center – At the last Bond Oversight Committee meeting in January, 2023, Greg Boettger explained to the group the fire alarm panel continues to have issues at the Lied Activity Center. The district received approval at the April board meeting to solicit bids to upgrade the fire alarm system. It was brought to the attention of the district the fire alarm panel is no longer working. Since this was an emergency situation, General Fire and Safety was awarded the contract to replace the fire alarm system. The district’s insurance company will cover part of the replacement and bond funds will be used for the remaining amount. Mr. Boettger explained the contract is significantly less than what was originally budgeted for to replace the system. At the May 8th board meeting, the information will be presented to the board.
Central Project – Mr. Boettger shared the cafeteria tables have been installed at Central Elementary.
The Committee adjourned the meeting at 5:55 p.m. The next meeting is tentatively scheduled for May 18, 2023.