March 31, 2026 at 4:00 PM - Work Session
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1. CALL TO ORDER: Pledge of Allegiance
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2. MEMBERS PRESENT:
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Barsness, T. Reichmann, A. Reichmann, Lagred, Ogdahl, Zavadil, Moeller |
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3. APPROVE AGENDA: (ACTION) (ROLL CALL VOTE)
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Motion by , seconded by , to approve the agenda as presented. ROLL CALL VOTE: Barsness _____, T. Reichmann ____, A. Reichamnn ____, Ogdahl ____, Lagred____, Zavadil ____ Moeller____ Motion carried. |
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4. DISCUSSION: BOARD AUTHORITY BOND ISSUANCES:
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Matt Hammer from Ehlers will be in attendance to lead a discussion on the potential use of board-authorized bond issuances to address facility needs at W.I.N. Academy, specifically for roof replacement and indoor air quality (IAQ) improvement projects. The discussion will include:
The purpose of this discussion is to provide the Board with information necessary to determine whether moving forward with a board authority bond issuance is in the best interest of the District, while aligning near-term facility improvements with long-term strategic planning goals. Action: Discussion Only (No Action Requested at This Time) |
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5. DISCUSSION: CELL TOWER LEASE PURCHASE OPTIONS – STARBUCK, MN:
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Superintendent Rankin has received information regarding potential lease purchase options related to the District’s cell tower lease located in Starbuck, Minnesota. The School District currently receives approximately $850 per month in lease payments, with rent escalating 3% annually, and the current lease agreement extends through approximately 2050. The following purchase options have been presented for the School District’s consideration: Lump Sum Purchase $170,000 One-time payment 5-Year Installment Plan $190,000 Five annual payments of $38,000 10-Year Installment Plan $225,000 Ten annual payments of $22,500 Review the financial implications of each option, including long-term cost comparisons with the remaining lease payments. The purpose of this discussion is to determine whether the Board would like the administration to conduct additional financial analysis or bring forward a recommendation at a future regular board meeting. |
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6. OTHER:
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7. ANNOUNCEMENTS:
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8. ADJOURN: (ACTION) (ROLL CALL VOTE)
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Motion by _____________________, seconded by ______________________, to adjourn the Regular Meeting at _________ p.m. Motion carried. ROLL CALL VOTE: Barsness _____, T. Reichmann ____, A. Reichamnn ____, Ogdahl ____, Lagred____, Zavadil ____ Moeller____ Motion carried. |