Call to Order -President Andy Sperfslage called the meeting to order at 5:08 pm. The board recited the East Buchanan Mission Statement. Board members present were Scott Cooksley, Andy Sperfslage, Heather Steffens, and Shawn Stone. Board member Tim Recker was absent. Administration attending were Superintendent Dan Fox and Business Manager/Board Secretary Teresa Knipper. Administration absent were HS/MS Principal Eric Dockstader and Elementary Principal Jacklyn Letzring. One visitor attended the meeting. Motion carried with all ayes unless otherwise noted.
Approve Agenda - Motion to approve the agenda was made by Stone, second by Cooksley.
Resolution regarding the Quasqueton Urban Renewal Area – Quasqueton Mayor Ben Stanford explained the Quasqueton Urban Renewal Area project and a resolution was presented to the board for review and approval. Motion by Cooksley, second by Stone to approve the resolution as presented. Ayes: Cooksley, Stone, Sperfslage, Steffens. Nays: none. President declared the resolution adopted as follows: WHEREAS, the City of Quasqueton, Iowa (the “City”) has established the Quasqueton Urban Renewal Area (the “Urban Renewal Area”), pursuant to Chapter 403 of the Code of Iowa to include the real property described on Exhibit A hereto (the “Property”) and WHEREAS, project development needs with respect to the Property will require that the City use incremental property tax revenues, as provided for in Section 403.19 of the code of Iowa, received with respect to the Property to pay the costs of the construction of public infrastructure improvements thereon necessary for the development of a housing subdivision in the Urban Renewal Area; and WHEREAS, Section 403.22 of the Code of Iowa prohibits cities from collecting incremental property tax revenues for this type of project for more than eleven years without the express consent of any affected county and school district; and WHEREAS, the City Council of the City has requested the Board of Directors of the East Buchanan Community School District approve this resolution in order to allow the City to use incremental property tax revenues from the Property for five additional fiscal years, as provided by law; NOW, THEREFORE, it is resolved by the Board of Directors of the East Buchanan Community School District, as follows: Section 1. Pursuant to Section 403.22 of the Code of Iowa, this Board hereby approves the use by the City of Quasqueton, Iowa, of future incremental property tax revenues produced with respect to the Property, for a total period of up to sixteen fiscal years. Section 2. The Board Secretary is hereby directed to forward an executed copy of this Resolution to the City Council of the City of Quasqueton. Passed and approved the 30th day of November, 2022.
Adjourn – Motion by Stone, second by Cooksley to adjourn the meeting at 5:20 pm.
The above are not official minutes until approved at the next regular board meeting. A copy of the official minutes may be viewed in the office of the Board Secretary any Monday through Friday between 8:00 am and 4:00 pm.