Southeastern Illinois College Board of Trustees met April 22.
Here is the minutes provided by the board:
The Southeastern Illinois College Board of Trustees held a special called meeting on Monday, April 22, 2019 at 1:30 pm in the Heritage Room at Southeastern Illinois College. On roll call, the following members were present: Dr. Pat York, Mr. David Dennison, Mrs. Debbie Hughes, Mr. Jim Ellis, Mr. Richard Morgan, Dr. Frank Barbre, and Mr. Alex McRoy. Also present were: Mr. David Pistorius, Lisa Hite, Dr. Jonah Rice, and Lisa Dye.
Dr. York welcomed guests and allowed a time for comment.
Action Item A - RESOLUTION providing for the issue of General Obligation Community College Bonds, Series 2019, of the District, for the purpose of altering and repairing the District’s physical facilities for energy conservation, health or safety, environmental protection or handicap accessibility purposes, providing for the levy of a direct annual tax sufficient to pay the principal and interest on said bonds, and authorizing the sale of said bonds to the purchaser thereof.
Mr. Pistorius distributed a final 8 year schedule. He said that the projected interest rate was 4.25%, but it actually came in at 3.1245% - saving us $260,000 in interest from what he had originally projected. A local bank purchased the bonds. May 14, 2019 will be the closing date and the date SIC receives the funds. Mr. Pistorius said the bond resolution was 26 pages long and he gave the following highlights: SIC held the required public meeting; Architect certified the needs of the College; the bond is for $2,870,000; the bond has a 8 year issuance; the bond has a 5 year call feature set for December 1, 2024; the bond will be filed with all the county clerks in our district; each year First MidState Inc. will file the mandated audits for SIC.
A motion was made by Trustee Ellis, seconded by Trustee Barbre that the said resolution as presented and read by title be adopted. All members voted aye, motion carried.
Upon roll being called the following members voted aye: Dr. Barbre, Mr. Dennison, Mr. Ellis, Mrs. Hughes, Mr. Morgan, Dr. York.
Action Item B – Award Bid for Asbestos Abatement A, B, C Buildings.
Dr. Rice said 1 bid was received.
A motion was made by Trustee Hughes, seconded by Trustee Dennison to accept the base bid of $239,250 from Midwest Service Group to complete the PHS project for Asbestos Abatement A, B, C Buildings on SIC’s main campus. All members voted aye, motion carried.
Action Item C – Award Bid for HVAC Upgrades D, E, F Buildings.
Dr. Rice said 4 bids were received.
A motion was made by Trustee Barbre, seconded by Trustee Hughes to approve the base and alternate bids in the total amount of $960,630 from HSG Mechanical to complete the PHS projects for HVAC upgrades D, E, F, Buildings on SIC’s main campus. All members voted aye, motion carried.
Action Item D – Award Bid for Roof Recover D Building.
Dr. Rice said 1 bid was received.
A motion was made by Trustee Morgan, seconded by Trustee Hughes to approve the base and alternate bid from Vaughn’s Roofing Inc. in the total amount of $147,309 to complete the PHS project for Roof Recover D Building on SIC’s main campus. All members voted aye, motion carried.
A motion was made by Trustee Morgan, seconded by Trustee Barbre to adjourn the meeting. All members voted aye, motion carried.
The meeting adjourned at 1:46 p.m.
http://www.sic.edu/files/uploads/global/Public_Hearing_Minutes_April_22_2019.pdf
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