Saturday, August 11, 2012

BOE Meeting Tues. @6:30PM

  
HOW MANY BOARD MEMBERS
WILL ATTEND??

It is anticipated that the BOE will go into an Exec. Session at 5:30PM to discuss collective bargaining, the employment history of particular person(s) & pending litigation.

AGENDA ITEMS of NOTE

School Opening Update/Communication Priorities
Staffing/Class size Update


DASNY Refunding Bonds (What the heck is this??)


Listing Agreement for Three Properties

SCATS ~~ Why is there no document posted for that last item?? Can we assume that GCSD will be selling the Hoover Dr. facility, Barnard School & Kirk Rd? Do we actually OWN the Hoover facility?? Once again, WHERE IS THE DISCUSSION?
  

22 comments:

Charlie Hubbard said...

Where is the comida plan for the mall?

SCATS said...

Charlie ~~ GREAT QUESTION! The minutes of the July 17th meeting show that it was added to the agenda as item 4.01. Then the agenda was adopted. I see NOTHING mentioned later in those minutes about COMIDA after it was added to the agenda. But then the BOE meeting minutes are a worthless sham these days.

Anonymous said...

Don't look now, but we are less than a month away from 10 and 11 year old kids walking into Olympia. This going to go swell!

Anonymous said...

DASNY thing is about GCSD trying to sell new bonds at a lower interest rate to replace old bonds paying a higher rate than they anticipate being able to borrow at today.

This can get very cute, and generate a lot of cash on hand for Barbie to spend. It needs to be watched with a microscope the way NY School Districts play Bond games.

SCATS said...

To 9:43PM ~~ Have you heard anything about the teachers bringing different classes (like science) to the classroom for those kids once school starts? Someone on FB asked: "I want to know if it's true that at OHS for incoming 7th and 8th graders that they will remain in one classroom like elementary school and each teacher for their subject will be teaching from a wheeled cart brought in to each room for their segment of time?!"

To 11:26PM ~~ Since this is an area I'm not well-versed in, I'll let you report back to us on it as time goes along ;) lol

Anonymous said...

SCATS it will be nearly impossible to know what Barbis & the Sorority Sisters play with the available pocket money unless you're inside the system.

For illustration only, lets say GCSD presently has outstanding Bonds with the face amount of 1 Million, they are 20 year Bonds, and were issued in 2002 at a 6% interest rate. (I'm leaving a lot of the technicals out to save typing)

Interest rates are down considerably today, and the 1 Mil could be borrowed @ 2%.
Presuming NY State made the payments to GCSD (state aid) on time, there should be around $500,000 sitting in a bank collecting interest toward retirement of the Bond in 2022.

Since GCSD has $500k in the bank toward retirement, and only needed 1 Mil originally, GCSD should be able to refinance, put the $500k toward the refinance, and only borrow $500k. That is pretty much SOP in municipal finance, EXCEPT FOR SCHOOL DISTRICTS!

Schools love deeply buried slush funds, and GC is no exception. They will attempt to borrow dollar for dollar the face amount of all outstanding bonds, and do the borrowing at lower cost.

Doing so would lower taxes slightly, or give the District a little spending money if taxes remain the same. School Districts NEVER lower taxes, so GCSD will borrow money and BS the taxpayer on what a wonderful job they did ONLY raising taxes 1%. GC will also try to hide the state aid money they have on deposit and borrow more at a ower rate.

This crap with Bonds and State Aid has been going on for decades. A District with a smart finance director can borrow a million and effectively have it be 1.75 mil a few years out.

Anonymous said...

SCATS: I have not yet heard confirmation that some teachers will be "on carts" at OHS but it wouldn't surprise me. It is a common move in larger schools when space is at a premium - I know, I know - these schools have been "underenrolled" for quite some time (hence, the consolidation), but there is only so much space to go around and when you are herding 1000+ kids every 42 or so minutes, space issues arise. Think of it this way - when you "dump" the classrooms less often and have fewer kids in the hallways, the opportunities for things to go wrong (bullying, late to class, etc) are minimized. For younger kids (10 and 11 year olds) in such a large environment, this may also be a way to control the amount and frequency of interaction with older students. It's really not that awful if it is true - we are just accustomed to middle and high school students moving about the building every period. We look at it as a rite of passage out of elementary school. Moving from class to class, however, serves very little purpose educationally. Another point to consider, many on here are constantly pointing to the "way things were done in our day" being perfectly fine for us - I don't know about you, but I remember quite well some of my teachers coming to me in high school rather than me having to transition to them because of space issues. Please don't make this issue a hullabaloo --- it's not THAT big of a deal.

SCATS said...

To 1:48AM ~~ Very interesting! Not really surprising either. I read in some audit report several months back where GCSD was criticized for carrying a high level of debt. I agree they love slush funds and are quite crafty, creative even, at hiding the $$.

To 7:25AM ~~ If they resort to teachers-on-a-cart, I suspect it may have a lot to do with the attempt to confine the kiddies to one area of the building ... and keep them away from the gangstas.

Anonymous said...

They will vote to sell Kirk Rd. The district has been unable to locate any surviving members of the Britton family that still owns the property to discuss its sale. As of now,Hoover Dr is still in limbo.

SCATS said...

To 11:25AM ~~ So who does "own" Hoover Dr in that case??

What happened with selling Barnard School? That was supposed to go on the market even before Babs landed in Greece. Why would we retain so many empty buildings? It costs a boatload to maintain these dinosaurs. Oddly, they seem all hyped up about trying to see the newest facility, Kirk Rd ... makes me go "hmmm..."

Anonymous said...

So if it's the teachers moving at Olympia, and not the students, these kids end up with a different educational experience than sixth graders at other Greece schools. Different to would be the social aspect/education gained during the time between classes, not to mention the needed time management skills that are gained as well. All this, and for what? The freakin Odyssey parents should be ashamed of themselves!

Anonymous said...

Kirk road is in a more desirable neighborhood , it is basically one open building without any classrooms. So it will be easier to market for other things. Also that area is big for senior living and retirement living, I am sure they are hoping it will be scooped up by someone looking to develop it for that use. Barnard location is not so desirable and the building is old and not handicapp acessible. Also st Charles school across the street has been empty forever also. I do not think anyone is interested in the location or either of the older buildings. They have a better shot unloading Kirk road.

SCATS said...

To 6:46PM ~~ Good point. I hadn't thought of that. All in the name of "safety" ... which GCSD could do much about if they rid OHS of the education thieves. Notice how none of our BOE members seem to have families adversely affected by their own stupid decisions?

To 7:25PM ~~ So we will be stuck with the other bldgs forever? I think a developer would potentially have some interest in the location of Barnard. Especially since people like Bill Selke keep trying to make us believe that the new Walmart & addition of a Taco Bell on Dewey Ave will "bring a Park Avenue feel" to the area. LOL!

Anonymous said...

The district will continue to be responsible for the up keep of Hoover Dr. tthis point, any surviving relatives of the Brittons would have claim to the property. Theproperty was not deeded over to the district. The property plus any structure erected on that property, by law belong to the land owners. The survivors no doubt exist under different names by marriage, Lawyers for the district must locate them before any sale can legally proceed. I'm sure the deed is recorded and a matter of record. Without the deed naming the district as owner, no sale can take place.
Additionally, sale of that property would be very problematic to a potential to potential buyer due to zoning and the past history of the Koda Vista documented cancer cluster from Chemicalpolution back in the 60' and 70s

Anonymous said...

FYI: We will NOT be STUCK with buildings we do not own.

Anonymous said...

To 8/11/12 9:43 pm It's my understanding that Olympia will be grades 8-12 this coming school year; therefore, I strongly doubt 10 and 11 yr. olds will be there "in less than a month".

Just sayin...from an INFORMED resident

Anonymous said...

"One of Britton’s real estate deals had greater impact upon our neighborhood than all the others. In 1928, he conveyed a little over five acres to the local school district for purposes of erecting a school building. This land would belong to the district in perpetuity as long as it was used for educational purposes. A breach of the contract would cause the land to revert to the Britton estate. This is one of the reasons why Greece Central School District has not closed or sold Hoover Drive School. The original school yard was expanded some 20 years later when four more acres were sold to the district by the Britton family." This is a section from a history of Koda Vista area.
The entire article is found at this link
http://kodavista.com/ChangingVistas.pdf

So the "4 more acres" are ours to do with what we want but the original that was "conveyed" is tied up.

Anonymous said...

Hoover property is assessed at $7,362,500. So we should just unload it back to the heirs and let them pay tax on it each year. hedty tax amount since it is not residential. If they don't want this hot potato they could give it back to us as a real donation. They could claim it as a tax writeoff and we could then sell it to someone else that will develop it and pay us taxes. Unless they get a COMIDA reduction. Maybe that's the hold-up. Just do something. And tell us what the possibilities are that are being considered. This is ridiculous that the board is allowed to do this in secret. What a community we have that is so apathetic that no one cares. Or have we been burnt so many times by these boards that we have just given up caring. At least we should care about the money we might save by unloading this and getting tax payments from the owners.

Anonymous said...

To informed resident, you are not that informed. 7th grade will be there also. Get your facts straight.

Anonymous said...

2:31 You have no idea what you are talking about. We built Hoover Dr. Even though we built it. We did so on land we did not own with the permission of the owner as long as it was for educational purposes. In reality we don't own and never actually did own the building. As long as we use it in any manner related to education such as storage etc, we have an obligation to maintain that site until the owner reclaims it. So for the time being we can't sell it which means we are stuck with it.

Looking at it from a practical position, if I were the owner of record, I would not reclaim it for to do so would put the burden on me for its up keep as well as the property. Better to let the legal system decide ownership, allow the district to maintain and sell the property and then come forward to file my claim for compensation from the district. Some how I suspect the rightful owner, knowing the situation has gone to ground until the time is right. It would be the smart move.

SCATS said...

To 10:47AM ~~ It's already listed FOR SALE. Word is that NO DESCENDENTS could be located. The ultimate outcome? I suspect the building won't sell anyway.

Anonymous said...

How do you sell property without a deed listing the GCSD as the owner. Unless such a document exists, GCSD does not have the right to sell a property they do not own. What sucker would be interested in this property with this uncertain scenario. I agree with a previous post, The heir to this property is lying in thr weeds waiting for the sale to take place.