www.cusd200.org March 16, 2018
Board Meeting Highlights
March 14, 2018 at Wheaton Warrenville South High School
Board recognizes seven National Merit Finalists
Of the 15,000 students in the country who received the top academic recognition of National Merit Finalist, seven are students at Wheaton North & Wheaton Warrenville South High School. The nationwide pool of Finalists, representing less than one percent of U.S. high school seniors, includes the highest scoring entrants in each state.
Our finalists and their parents were recognized at the March 14 Board of Education Meeting. Congratulations to our National Merit Finalists - Maya Chattoraj (South), Andrew Dixon (South), Daniel "Mac" Lang (North), Solomon Michalak (South), Elizabeth Nordmark (South), Kelly O'Connell (South) and Rachel Raser (South).
Board approves summer work
At their meeting, the Board approved a little more than $2.1 million in summer facilities projects including secure entries at eight schools (Bower, Edison, Johnson, Lowell, Pleasant Hill, Sandburg, Washington & Whittier), flooring projects at three schools (Bower, Pleasant Hill and Washington), and masonry work at two schools (Emerson and Wheaton Warrenville South).
In January, the Board approved a little over $538,000 in mechanical projects and is expected to take action on at least $1 million more in paving projects. The summer projects reflect the priorities the Board set following the April 2017 referendum and continue to demonstrate the commitment to addressing critical projects throughout the District.
While the District is taking some meaningful steps to address facility needs, there are still a significant number of capital projects that remain. The Board is expected to pay for Summer 2018 projects through a combination of fund balance (savings) and the 2018-19 Budget.
Board approves lease agreement for new early childhood center
On Wednesday night, the Board approved the structure for the lease agreement between Zions Bank (lessor) and the District for a new Jefferson Early Childhood Center on the existing site. The District will act as agent of the Lessor to construct the building.
Lease certificates will be sold later in 2018 via a competitive sale to provide the remaining proceeds for construction. The District will utilize a portion of proceeds from a previous capital development grant and annually budget an allocation from operating funds to make the lease certificate payments. Upon completion of the lease certificate payments, the District would have the option to acquire the title to the building through a final payment of $1. The length of the lease certificate payback has not been finalized, but would not exceed 20 years. The District will own the land on which the Building is constructed through the term of the lease, and will have full and absolute right to use, control, manage, maintain and operate the building.
The Board heard a presentation regarding the lease agreement process at their January meeting and has had multiple discussions at the committee level as well as Board level for several months.
Renderings of the current design of the new Jefferson Early Childhood Center are available on the District website. The project timeline assumes breaking ground on the new building in August 2018 and opening for students for the 2019-20 School Year.
Erica Loiacono | Director of Public Relations