IVCCD puts Bond Referendum before voters on April 2
Friday / February 15, 2019
The Iowa Valley Community College District Board of Directors voted to put a $32 million General Obligation Bond Referendum before voters on April 2 when it met this week in Marshalltown.
IVCCD Chancellor Dr. Chris Duree told the Board that the amount of the bond issue was reduced from the original $33 million estimate. “We feel good about what we’ve done, and we recommend your approval. This estimated amount will be less (for taxpayers) than their 2017 levy rate. We’ve done a lot of work on this, and think that the estimated cost to taxpayers of $3.38 per month for a home assessed at $100,000 valuation is fair. This will help us immensely to get caught up on maintenance and repairs districtwide.”
Duree said a completely new residence hall at Ellsworth Community College (ECC) in Iowa Falls was taken off the project list, but that some additional technology infrastructure was added.
Board President Larry Johnson asserted, “We’ve been talking about this for a while, and the need is absolutely critical. It’s not an easy thing to do, but we owe it to our constituents to take care of our facilities.”
Information about the General Obligation Bond Issue has been posted on the IVCCD website at https://www.iavalley.edu/about-the-district/bond-referendum/.
Also related to IVCCD finances, the Board recommended approval for filing the District’s 2019-20 estimated budget and set a public hearing for the budget on Mar. 6. Vice Chancellor of Finance/CFO Kathy Pink explained that the estimated budget sets the District’s level of expenditures for Funds 1, 2 and 7 and establishes the tax levy for the District’s 10-county area. The 2019-20 tax rate will be .88409 per $1,000 taxable valuation for homeowners, which is a decrease of nearly 11 cents from the previous year.
Pink noted that districtwide, property valuations are up nearly 4.75% over the 10-county area.
In other matters, the Board approved the following:
- Eight voluntary early retirement plan applications for Ann Ersland, ECC Clinical/Nursing Faculty; Deb Hawks, IVCE Director of Business & Industry Training; Fonda Hopp, MCC Clinical/Nursing Faculty; Renaie Hutzel, MCC Executive Assistant; Cheryl Little, IVCE Director of Health Education; Judith Losing, IVCE Executive Assistant; Lauren (Beth) Severidt, WIOA Career Counselor; and Sandy Supianoski, IVCE Employer Relations Supervisor. Board President Larry Johnson said that the 10 retirees (two were approved in previous meetings) have nearly 200 years of service in total. “We thank them for their service … they will be missed,” he said.
- A re-roofing project for Thompson Hall at Ellsworth Community College in Iowa Falls (estimated contract cost of $209,226) and a window replacement project for the same building (estimated contract cost of $211,000). The monies are coming from the District’s Plant Levy Fund, and a public hearing on the two projects will be held at the March 6 Board meeting.
- An architectural services agreement with TSP Inc. for design and engineering related to IVCCD facility improvement and maintenance projects. The agreement will cover multiple small projects under one umbrella.
- Two architectural services agreements with TSP Inc., one for masonry cleaning, repair and tuck-pointing at Reg Johnson Hall on the ECC campus and the other for HVAC equipment replacement and upgrades at Reg Johnson Hall. Chancellor Duree told the Board, “These are high priority items that really cannot wait.” Monies for the projects will come from the District’s Plant Levy Fund.
- A revised IVCCD Facilities Master Plan, which provides more detailed narrative regarding facility needs and future plans.
Three donations were accepted by the Board, including 1) $1,500 from JBS USA Food Company/UFCW Local 1149 to be used for JBS employee scholarships to attend Adult Basic Education classes; 2) 100 bushels of corn and 40 bushels of soybeans from Key Cooperative given to the ECC Ag Science Club to be marketed through the “Bushels for Ag” program, and 3) $50 from Don Smith for the Wellborn Scholarship Fund.
The next regular meeting of the IVCCD Board will be on Wednesday, March 6, at 4 pm in the District Administration building on the Iowa Valley/MCC campus in Marshalltown.