MONTOURSVILLE — The New York Yankees, on behalf of Mike Mussina, donated $35,000 to Montoursville Space College District athletics. The college board formally accepted the cash Tuesday.
“It was a contribution to the district relative to (Mussina) being inducted into the corridor of fame,” mentioned Scott Konkle, board member. “It’s going to be for sports activities however above and past budgetary gadgets”
A course of for figuring out how the cash will likely be distributed has but to be mentioned.
“This caught me unexpectedly,” mentioned William Ruffing, board member. “It’s simply superb what this particular person has executed for this faculty district and we’re very, very appreciative.”
Underneath different enterprise, the varsity board moved ahead with a bond refinancing that’s estimated to avoid wasting the district about $250,000.
The decision permits the district to incur $20.2 million in a sequence of basic obligation bonds.
The transfer is just like the refinance made in June, mentioned Megan Haas, with a bond company.
“The financial savings shall not be lower than 1 %,” or about $100,000 in financial savings, she mentioned. “Above 1 % you may determine to not undergo with it.”
At present, the market is organising the financial savings to be about 2.7 %, she mentioned.
The 2015 and 2017 bonds will likely be refinanced, which is able to lower your expenses by way of the debt service the varsity district pays.
“If the market stays the place it has been, I believe the financial savings are value it,” mentioned Brandy N. Smith, enterprise supervisor and secretary.
Underneath personnel, the board additionally voted Eight-1 to resume a five-year contract with Smith to proceed as enterprise supervisor.
In different enterprise, the board:
• Waived an admission charge to a “Teddy Bear Toss” occasion at a boys’ basketball sport on Dec. 13 for these bringing a stuffed animal to the sport.
• Accepted Brooke Clever, of the American Most cancers Society, to make use of Montoursville Excessive College cafeteria from Eight a.m. to 2 p.m. Sunday.
• Accepted to contract with Conrad Siegel to supply obligatory Reasonably priced Care Act reporting for 2019 at a value of $6,800, which is similar because the 2018 fee.
• Accepted of a $2,000 stipend to Daniel Fredericks, assistant softball coach.
The board is subsequent scheduled to fulfill at 7 p.m. Dec. three at the highschool, 700 Mulberry St.