The Clovis Municipal Schools Board of Education met Tuesday at the CMS administration building.
Four members were present. Board member Terry Martin did not attend.
During the meeting:
- The board approved a sale of $9 million in general obligation bond. The sale was made to Vining-Sparks IBG of Chicago.
Kevin Powers of RBC Capital of Albuquerque said the money, part of $16 million approved during a 2010 election, will mature from 2013 to 2027 at an interest rate of 1.97 percent — assuming the district uses a $383,000 upfront payment from Vining-Sparks to immediately pay down principle.
The bond issue was set to pay for the district's 20 percent match of a proposed new middle school and a new building for Lockwood Elementary School.
The total interest paid on the money is $2,033,000.
- The board approved checks written by the district, while allowing Lola Bryant to abstain from voting for checks issued to the Foxy Drive-In and Charles Guthals to abstain from voting on checks issued to Guthals Nursery.
- The board approved travel for a Family, Career and Community Leaders of America conference July 6-13 in Orlando, Fla.
The group includes 13 students, nine females and four males, and four chaperones.
Amy Garcia, sponsor for FCCLA, said the students raised money for the trip by preparing and selling 320 dozen tamales, delivering 7,000 phone books in Portales, selling programs at the Pioneer Days Rodeo, a garage sale and other efforts.
- The board approved a change order for resurfacing the track at Yucca Middle School. The original bid from A.K. Sales and Consulting of Roswell did not include a runway surface of 135-by-14 feet, which added $5,526.59 to the project. The new bid total is $137,032.18.
- The annual Open Meetings Act Resolution was passed.
The board plans to meet on the fourth Tuesday of each month, with the exceptions of Nov. 13 and Dec. 18, due to holidays.
- The next meeting is scheduled for 5:30 p.m. July 24 at the administration office.
— Compiled by CNJ staff writer Kevin Wilson