NH Board hears of interest free loan Federal Stimulus Funds PDF Print E-mail
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Wednesday, 19 August 2009 00:00
    North Harrison interim Supt. Randy Barrett informed the Board of School Trustees Thursday night that with Federal Stimulus Funds, an interest free loan could be possible, if the administration applies for the funds. The funds for this type of loan are controlled by the states, and the Indiana Dept. of Education would be the organization giving the loan out.
    Barrett stressed the interest free aspect of the loan to the members of the North Harrison Board of School Trustees.
    “This bond is unique, in that there is no interest (charged),” said Barrett.
    The payback time would be 15 to 16 years, and only the amount of the original loan would need to be paid back, according to Barrett.
    In another matter regarding finances, Barrett cautioned that the North Harrison Community School Corporation lost $107 million in assessed evaluation. The amount of money raised by the school corporation in tax levies will actually be higher, due to the tax rates being higher.
    Before the board acted on any matters they had to approve, they heard a presentation from 2009 North Harrison High School graduate Maggie Cassidy. Cassidy is presently studying chemical engineering at Purdue University. She received won a scholarship from the school board towards her educational expenses.
    In other business, the board:

Accepted the resignation of Sandra Heilig as a part time cafeteria worker at the high school effective August 3, 2009.
Accepted the resignation of Ada Elrod as an instructional assistant at the middle school.
Waived the second reading of the proposed School Board Policy for Fuel, and adopted it.
Approved an extension to Bus Route 21, with driver Roberta Luther, for 5.6 miles per day into the Crandall Station subdivision effective August 12, 2009.
Approved an extension to Bus Route 34, with driver Debbie Fessel, for 2.0 miles per day into the Morgan Fields subdivision (off of Flat woods Road west of State Road 135), effective August 12, 2009.
Appointed Jennifer Doss as varsity cheer coach (lay) at the high school effective for the 2009-10 school year.
Hired Jennifer Reedy as a 5th grade teacher at North Harrison Elementary School for the 2009-10 school year. She was also appointed the 5th grade girls’ basketball coach.
Hired Marjorie Vertrees as a 1st grade teacher at North Harrison Elementary School for the 2009-10 school year.
Appointed Kent Rentschler as physical education teacher at the high school, effective August 10, 2009.
Accepted the resignation of Theresa Snodgrass as a teacher at Morgan Elementary School, effective August 10, 2009.
Accepted the resignation of Larry Hill as percussion instructor for the high school band, effective August 10, 2009.
Hired Danny Schmidt as the middle school athletics director.
Hired Jason Stephenson and Missy Voyles as 7th grade and 8th grade middle school volleyball coaches respectively.
Hired Jesse Sater and Troy Sanders as 7th grade and 8th grade lay football coaches (respectively) at the middle school.
Appointed Debra Gieselman as a volunteer 5th-6th grade cheer coach at the middle school.
Appointed J. R. Hampton as a volunteer 7th-8th grade football coach at the middle school.
Appointed Tim Harmon as a volunteer high school tennis coach for the 2009-10 school year.
Granted a maternity leave of absence for Madonna Taylor, a teacher in the middle school, effective from October 13 to December 7, 2009.
Last Updated on Wednesday, 19 August 2009 08:39