Creston, IA—The Southwestern Community College (SWCC) board of trustees met electronically in special session on Mon., April 28, 2014, at 8:30 a.m. in the board room of the college’s Administration Center to approve the Preliminary Official Statement of the 2014 revenue bonds and to call the 2006 revenue bonds, as well as the 2006 and 2010 loans from the Southern Iowa Council of Governments.
Creston— The Southwestern Community College (SWCC) board of directors met Tuesday, April 15, 2014, at 5:30 p.m. in the Administration Center on the Creston campus.
Tom Lesan, SWCC vice president of economic development, spoke with the board concerning callable bonds the college has with Fansteel/Wellman Dynamics and Farley’s and Sathers for 2006, as well as Astoria Industries of Iowa, Pinnacle Ethanol, Precision, Inc. and Precision Optical for 2007. Lesan explained that by paying the bonds off early there will be a total savings of $63,605. Following Lesan’s explanation, the board approved the “Resolution Authorizing Redemption of Outstanding Bonds and Directing Notice be Given” for all of the callable bonds:
• $725,000 Industrial New Jobs Training Certificates (2006-1 Multiple Project), Series 2006-1A
• $1,120,000 Industrial New Jobs Training Certificates(2006-1 Multiple Project), Series 2006-1B
• $425,000 Industrial New Jobs Training Certificates (2007-1 Multiple Project), Series 2007-1A
• $830,000 Industrial New Jobs Training Certificates (2007-1 Multiple Project), Series 2007-1B
The work of approximately 80 Southwestern Community College (SWCC) students will be on display during Poster Day, on Tues., April 22, 2014, from 11:30 a.m.-1 p.m. in the upstairs of the SWCC Student Center on the Creston campus.
The work of Southwestern Community College (SWCC) art and design students will be on display from April 19-May 8, 2014, during the SWCC Student Art Exhibition at the Warren Cultural Center, 154 Public Square, in Greenfield. An opening reception will be held on Sat., April 19, from 12-2 p.m. Light refreshments will be served.
The Southwestern Community College board of trustees held its regular March 2014 meeting on Tues., March 11, 2014, at 5:30 p.m. in the college’s Administration Center.
Teresa Krejci, SWCC chief financial officer, presented to the board regarding the fiscal year 2015 budget. Krejci said the estimated taxation rate per $1,000 of taxable valuation will be slightly less than last year, at $0.79617 per $1,000 for fiscal year 2015, as opposed to $0.79675 per $1,000 for fiscal year 2014. According to Krejci, the college’s total property tax asking will continue to represent 2.5 percent or less of a property owner’s total property tax. The board approved the college’s fiscal year 2015 budget as presented by Krejci.