| Meeting Subject |
Subject Description |
| Members Present |
Joan Chew, William DiCuccio, Jessica Forsythe, Gordon Marburger,
Bruce Mazzoni, Bill McCarrier, Robert Smith, Ray Steffler |
| Members Absent |
Brian Ellis, Grace Hawkins, Dale Pinkerton, Dick Rittelmann, Don Tylinski |
| Also Present |
Susan Changnon, Linda Dodd, Jim Hrabosky, Pat Massaro, Nick Neupauer,
Bill O’Brien, Brian Opitz, Ruth Purcell, Julie Sheptak, Francie Spigelmyer,
Sandy Pontius-Butler Eagle |
| Call To Order |
Mr. Steffler called the meeting to order at 1:30 p.m. |
| Agenda |
Dr. DiCuccio moved to approve the agenda. Motion Carried. |
| Public Comment |
None |
| Committee Report and Related Action |
|
| Finance |
Jim Hrabosky reported that the County Commissioners approved our bond issuance at their 7/06/11 meeting. The bond rate will decrease to approximately 3.8%. The savings will be used to pay for the Datatel student software conversion project. The conversion is expected to take approximately two years to complete. The Finance Office will go through the conversion first, with the Financial Aid Office to follow. An independent financial advisor (Public Financial Management, Inc.) will evaluate our bond transaction and issue a report.
Action Item
Resolution 11-04, Bond Issuance
Dr. DiCuccio moved to adopt Resolution 11-04 as presented by Jim Hrabosky. Motion Carried.
Action Item
Motion, Datatel Software General Terms and Conditions Agreement
Ms. Chew moved to approve entering into a Software General Terms and Conditions Agreement with Datatel, Inc. for a fee of $839,325, along with the first year Software Maintenance Fee of $110,500. Motion Carried.
Jim Hrabosky confirmed that the College’s Solicitor will review the agreement. |
| Adjournment |
Dr. DiCuccio moved to adjourn the meeting. Motion Carried. The meeting adjourned at 1:48 p.m. |
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Jessica Forsythe
Secretary |
