Mt. Vernon Board of School Trustees

Mrs. Freeman led everyone in the Pledge of Allegiance.

The meeting was called to order at 5:15 p.m.

Mrs. Smith made a motion to adopt the agenda as presented.  Mr. May seconded, and the motion carried 4-0.

There were none.

Mrs. Freeman began by stating the purpose of this Special Meeting was to readopt the 2021 School Budget.  A Public Hearing for the 2021 Budget was held on Monday, October 19, 2020.  The amended budget has been advertised on the DLGF Gateway website since October 8, 2020.  

Mrs. Freeman presented Resolution 2020-42, Adoption of the Amended 2021 Budget.  As of October 26, 2020, the seven day allowable period for objections has expired.  Mt. Vernon School Corporation has not received notice of any taxpayers objecting to the budget, tax rate, or tax levy nor have any taxpayers filed an objection with Mt. Vernon's proper officers.  Therefore, Mt. Vernon Community School Corporation may adopt the budget without a finding concerning any objections or petitions.

Mr. Elkins asked the Board to approve Resolution 2020-42, Approval of the 2021 Budget as amended.  The operations levy now reflects the addition of advertised excess levy.  No other changes have been made since the previous adoption.

Mrs. Smith made a motion to approve Resolution 2020-42 and rescind the original budget adoption of October 5, 2020. Mr. May seconded, and the motion carried 4-0.

Mr. Elkins stated Resolution 2020-43 authorizes him to pursue a purchase agreement for the acquisition of property at 1700 W. State Road 234, Fortville, Indiana and to execute all documents necessary for closing on the property, consistent with Indiana Code.

The 18.753 acres was recently appraised by two appraisers and the sale price of $26,609.08 per acre was statutorily derived by taking the average of the two appraisals ($431,300 and $563,000).  Seller received a copy of the contingency offer on October 16, 2020.  Sale is contingent upon successfully rezoning the property, needed from the Fortville Planning Commission and Town Council, from agricultural to institutional usage.  $5,000 earnest payment will be made to hold the offer in place while zoning is secured. 

Dr. Parker added that the hope is to purchase this property along with property to the north of the MVCSC campus with money obtained from the sale of property owned by MVCSC at 600W and 100N, Greenfield, IN.   This property has recently been put on the market.  

Mr. May made a motion to adjourn at 5:28 p.m.  Mr. McCarty seconded, and the motion carried 4-0.

An Executive Session was held following the meeting at 5:30 p.m.