CAREY - Carey school board members heard from bond underwriter Katie Kleinfelder and bond attorney Ed Cavezza at a meeting Monday.
Kleinfelder, a director with RBC Capital Markets, told the board the sale of bonds to finance construction are to begin Aug. 13 and close Aug. 27.
Cavezza told the board that due to low interest rates, the district was in a very good spot.
The board approved the bond sale for a maximum of 37 years to provide the $10.9 million needed to build a new Pre-K-12 building.
The board also agreed to participate in the Ohio School Facilities Commission Classroom Assistance Program and the scope of the project that includes a state share of 70 percent of the $31 million total project budget.
The board also was asked for support in the creation of an after-school program. The Rev. Penny Magee from Grace United Methodist Church and Instructor Martha Hade said the program would be staffed by the church but held in the school.
The daily program is set for 3-6 p.m., and would assist students with homework and provide a snack. A small hourly fee would be charged to students to cover staffing. The board is to vote on the issue at the next meeting.
In his report, Superintendent Mark Vehre told the board the 10th graders passed all areas of the OGT test.
The board continued with approving a one-year limited teaching contracts for 2013-14 school year to Ashley Klein, elementary music; Anthony Panfalone, elementary physical education; Jamie Young, fourth grade.
The board accepted the resignations of Cindy Roark, cook, and Tim Baldridge, freshman football coach.
Contracts approved for the 2013-14 school year included Eric Mullholland, co-athletic director; Josh Traxler, freshman football coach; Jamie Young, freshman boys' basketball coach; Ryan Puckett, two-hour cook; Tim Baldridge, volunteer football coach.
The board also approved:
A one-year agreement with Trident for school insurance at $17,081.
A contract with Angeline Schools for extended school for special education.
A contract with North Central Ohio Educational Service Center for summer special education services.
A Treca reciprocal service fee agreement.
An agreement with the Wyandot County Health Department and Job Care at Wyandot Memorial Hospital to provide bus driver physicals.
Accepting a donation of all Channel One News equipment effective Dec. 31, 2012.
The board moved into executive session for the discussion of administrative contracts. The board is to meet July 8.