CABOT SCHOOL BOARD

SPECIAL MEETING MINUTES

Monday, June 30, 2008

Present: Chris Tormey, Tim Gochey, Niall McCallum, Roman Kokodyniak, George Burlison

1. The meeting was called to order at 5:10 p.m. by Chris Tormey, Chair.

2. Board Discussion  

a. Tax Anticipation Note (TAN) Bids - The Board discussed the bids for our FY2009 Tax Anticipation note (TAN).  See Board action for approval.

b. Construction Grant Anticipation Note – The Board discussed the FY2009 short term Construction Grant Anticipation Note.  See Board action for approval.

3. Board Action

a. On a motion by Roman Kokodyniak, second by Tim Gochey the Board approved the FY2009 Tax Anticipation Note (TAN) bid from Chittenden Bank in the amount of $1,101,000.  So voted.

b. On a motion by Chris Tormey, second by Niall McCallum the Board approved the FY2009 Construction Grant Anticipation Note from Chittenden Bank in the amount of $779,000.  So voted.

4. Adjournment

On a motion by Chris Tormey, second by Tim Gochey the Board adjourned the meeting at 5:25 p.m.

 

        Respectfully Submitted,

        Joanna Brickey

        Transcriber