MT. VERNON - A resolution for a line of credit was approved by the Mt. Vernon Township High School Board during its April meeting.The line of credit is for $1.5 million and would last until Dec. 31. The money would be held in reserve in case the money is needed, Superintendant Dr. Michael Smith said depending on state revenue monies, among other situations."We have not had to use that in the past," Smith said, "and we hope that we won't need it."The board also approved the permanent abatement of monies from its working cash fund to site and construction of the new high school.President of the board, Carl Miller, said the working cash fund was temporary, and the money will now be in an account to be used for bills as needed toward construction costs.In other business, the board:
Approved a bid for the second phase of G Building window replacements to Litteken Construction from Breese. The amount cannot exceed $111,000 for the construction;
Heard that attendance is up, but enrollment at the school is down compared to last year. Smith said better attendance will make up for the gap in state aid made by lower enrollement numbers;
Were updated that contracts for the new high school are being reviewed prior to presentation to the board. Smith added he would be speaking with city officials to answer any final questions they may have on the project later this week; and
Heard state testing is coming up next week. - http://bit.ly/I3EAcB
