INDIAN HILL EXEMPTED VILLAGE SCHOOL DISTRICT MINUTES
Regular Meeting of June 23, 2020

A regular meeting of the Indian Hill Exempted Village School District was held on Tuesday, June 23, 2020, at 6:15 p.m., in the Indian Hill High School Multipurpose Room, 6865 Drake Road, Cincinnati, OH 45243 in accordance with notices sent to each member. The meeting was live-streamed. Mrs. Aichholz, President, at 6:15 p.m. and roll call showed the following members as present:

Mrs. Aichholz Mrs. Lewis

Dr. Hooker	Mrs. Johnston Mrs. Singh

Also present were Kirk Koennecke, Melissa Stewart, and Mick Davis.

ADOPTION OF REGULAR BUSINESS MEETING AGENDA & ADDENDUM (062001) – Dr. Hooker moved, seconded by Mrs. Johnston, to adopt the agenda and the addendum of the regular business meeting of the Indian Hill Board of Education. All members present voted aye. Motion carried.

EXECUTIVE SESSION (062002) – Mrs. Johnston moved, seconded by Mrs. Singh, to move into Executive Session at 6:16 p.m. In accordance with O.R.C. 121.22(G) – (1): To consider the appointment, employment, dismissal, discipline, promotion, demotion, or compensation of a public employee or official;

Roll call vote was as follows:

Mrs. Aichholz, aye Mrs. Lewis, aye

Dr. Hooker, aye	Mrs. Johnston, aye Mrs. Singh, aye

Also present in Executive Session were Mr. Koennecke, Dr. Stewart, and Mr. Davis.

The Board moved from Executive Session at 6:52 and went to recess. The Board returned from recess at and resumed its regular meeting at 7:02 p.m. with all members present.

PLEDGE OF ALLEGIANCE – Mr. Koennecke led the recitation of the Pledge of Allegiance with those in attendance.

CORRESPONDENCE AND ANNOUNCEMENTS
	Recognition of Indian Hill High School Student Pravan Rastogi Congressional Artwork Selection
	 The Board received a Food Service Report with a presentation document from Aramark, an update on snack foods and beverages, USDA Smart Snacks, and a competitive foods fact sheet
	An update on the district’s energy project was given as Mr. Davis read correspondence from Mr. Brad Motz

PERSONNEL ACTIONS (062003) – Dr. Hooker moved, seconded by Mrs. Johnston, to approve the following personnel matters as recommended by the Superintendent:

Approval of Certified Staff Contracts (2020-2021)

Meghan Graves, 0.71 FTE, Kindergarten Teacher, Column 2, Step 8, $47,053.00

Third Party Salary Payments

Christopher Rotsching, $300.00 (Reimbursed by University of Cincinnati) Barbara Presnell, $500.00 (Reimbursed by Xavier University)
Amie Kanzeg, $125.00 (Reimbursed by NKU) Heather McHenry, $125.00 (Reimbursed by NKU) Lauren Watts, $125.00 (Reimbursed by NKU)

Supplemental/Personal Service Contracts (2020-2021)

Dana Snyder, Summer School Professional Development Coordinator, $35/hour, maximum 16 hours Jennifer Apanites, Summer School Professional Development Coordinator, $35/hour, maximum 16 hours (rescind)
Dana Snyder, LPDC, $1,525.00	John Sommer, LPDC, $1,525.00 Katie Dillenburger, LPDC, $1,525.00	Lisa Campbell, LPDC, $1,525.00 Kim Given, Mentor Specialist, $1,525.00	Ty Ignatz, Mentor, $1,525.00

INDIAN HILL EXEMPTED VILLAGE SCHOOL DISTRICT MINUTES – June 23, 2020

Christian Miller, Mentor $1,525.00 Mari Mileham, Mentor, $1,525.00
Jordan Siebenaler, Mentor, $1,525.00

Beth Kamen, Mentor, $1,525.00 Liz Smallwood, Mentor, $1,525.00

Administrative Contracts – beginning 2020-2021

Andrew Renner, High School Assistant Principal, 2 years, $90,500.00

Classified Staff Salary Adjustments (2020-2021)

Jennifer Ratliff, Instructional Aide, $17.23/hr	Amy Estepp, Instructional Aide, $17.65/hr Lisa Ledwin, Instructional Aide, $17.65/hr	Barbara Jacobs, Instructional Aide, $22.87/hr
Bobbi Brafford, Instructional Aide, $17.23/hr	Jazmyn Dieckman, Instructional Aide, $17.23/hr Patricia McCue, Instructional Aide, $22.56/hr	Bobbie Petronio, Instructional Aide, $23.08/hr Amy Stine, Instructional Aide, $22.87/hr	Jonathan Cobb, Instructional Aide, $18.74/hr Terri Lohmann, Instructional Aide, $20.46/hr	Pam Lozano, Instructional Aide, $17.23/hr Karla Smith, Instructional Aide, $20.45/hr	Amanda Roshon, Instructional Aide, $22.42/hr Holly James, Instructional Aide, $23.42/hr	Carol Kirkeng, Instructional Aide, $17.23/hr Julius King, Instructional Aide, $18.74/hr	Lauren Cocola, Instructional Aide, $17.23/hr Ann Powers, Instructional Aide, $23.42/hr	Sharon Watt, Instructional Aide, $18.30/hr
Roberta Willis, Instructional Aide, $23.08/hr	Jillian Compton, Instructional Aide, 17.38/hr Gretchen Ashton, Instructional Aide, 17.13/hr             Paula Hardek, Instructional Aide, 17.13/hr
Jennifer Fuson, Instructional Aide, 21.27/hr	Gayle Joyce, Health Specialist, $28.08/hr Jill Donnellan, Health Specialist, $27.71/hr	Judy Neff, Health Specialist, $28.08/hr Josh Robertson, Media Aide, $17.38	Lucy Pavlick, Media Aide, $19.54/hr Cheryl Ely, Media Aide, $22.72/hr	Krissi Sherf, Tech Aide, $18.21/hr
Don Flint, Student Supervisor, $27.83/hr	Ester Hall, College Coordinator, $57,086.00 Mike Dietz, Technology Network Administrator, $99,565.00
Bill Gruber, Technology Lead Technician, $71,575.00 Beth Caudill, Payroll Supervisor, $61,861.00
Linda Woolridge, Accounting Supervisor, $47,137.00 Tari Depoy, EMIS Coordinator, $64,366.00

Supplemental/Personal Service Contracts (2019-2020)

Robyn Schatzman, Middle School Lockers, $14.00/hr Bev Dorenbusch, High School Lockers, $14.00/hr Eric Bass, Summer Geometry, $5,219.62
Jazmyn Dieckman, Summer School Aide, $16.85/hr up to 14 hours a week for 6 weeks Bobbie Brafford, Summer School Aide, $16.85/hr up to 14 hours a week for 6 weeks Amy Estepp, Summer School Aide, $17.26/hr up to 14 hours a week for 6 weeks Jenifer Fuson, Summer School Aide, $20.80/hr up to 14 hours a week for 6 weeks Lisa Ledwin, Substitute Summer School Aide, $17.26/hr as needed
Melanie Broxterman, Extended School Year, $35.00/hr Sandy Gemmel, Extended School Year, $35.00/hr
Ashley Morrison, Extended School Year, 10 days, per diem Lauren Richardson, Extended School Year, 5 days, per diem

Non-Certified Staff Contracts/Salaries

Scott Kimmins, Auditorium Coordinator, continuing contract effective August 1, 2020, $57,770.00 Shelley Hoyer, District Nurse, continuing contract effective August 1, 2020, $76,790.00

Administrative Contract Salary Adjustment

Deborah Humbert, Administrative Assistant, $72,244.00

Acceptance of Retirements/Resignations

Renee Schumacher, Educational Aide, resignation effective June 1, 2020 Larry Vanosdol, Custodian, Retirement effective June 1, 2020
Cheryl Walker, Custodian, Retirement effective June 1, 2020 Marshall Eberly, Custodian, Retirement effective June 1, 2020 Dorthea Willis, Custodian, Retirement effective June 1, 2020

INDIAN HILL EXEMPTED VILLAGE SCHOOL DISTRICT MINUTES – June 23, 2020

Sherry Morgan, Custodian, Retirement effective June 1, 2020 James Wiederhold, Custodian, Retirement effective June 1, 2020
Adam Stockfish, Educational Aide, resignation effective June 1, 2020 Mark Ault, Assistant Superintendent, resignation effective July 31, 2020

Tuition Reimbursement

Barbara Danver, Braves University, Ashland University, $360.00 Michelle Sweeney, Braves University, Ashland University, $540.00
Loni Jackson, Attitude Formation and Change, University of Cincinnati, $2,172.00 Amy Church, Braves University, Ashland University, $540.00
Jacqueline O’Brien, Braves University, Ashland University, $540.00 Amie Kanzeg, Braves University, Ashland University, $540.00 Barbara Danver, Social Thinking, Ashland University, $180.00
Amy Mongenas, Behavioral Management Skills, Ashland University, $180.00 Amy Mongenas, Braves University, Ashland University, $540.00
Avery Lewis, Social Thinking, Ashland University, $180.00 Michael Duncan, Braves University, Ashland University, $540.00 Danielle Lintz, Social Thinking, Ashland University, $180.00 Danielle Lintz, Braves University, Ashland University, $540.00
Lindsay Kearns, Evaluation of Mental Disorders, University of Dayton, $660.00 Barbara Presnell, Braves University, Ashland University, $540.00
Julie Mascaritolo, Effective Character Education , University of LaVerne, $375.00 David Broxterman, Braves University, Ashland University, $180.00
Lisa Campbell, Braves University, Ashland University, $180.00 Lyndsey Phelps, Social Thinking, Ashland University, $180.00
Jeffrey Damedeo, The Superintendency, Ashland University, $1,233.34 (Additional Two Credit Hours) Rebecca Bachman, Braves University, Ashland University, $540.00

Roll call vote was as follows:

Mrs. Aichholz, aye Mrs. Lewis, aye

Dr. Hooker, aye	Mrs. Johnston, aye Mrs. Singh, aye

APPROVAL OF MINUTES (062004) – Mrs. Johnston moved, seconded by Mrs. Lewis, to approve the minutes the May 19, 2020 regular meeting and the May 28, 2020. Roll call vote was as follows:

Mrs. Aichholz, aye Mrs. Lewis, aye

Dr. Hooker, aye	Mrs. Johnston, aye Mrs. Singh, aye

APPROVAL OF FINANCIAL REPORTS (062005) – Mrs. Johnston moved, seconded by Mrs. Lewis, to approve the financial reports as presented for the month ended May 31, 2020. Roll call vote was as follows:

Mrs. Aichholz, aye Mrs. Lewis, aye

Dr. Hooker, aye	Mrs. Johnston, aye Mrs. Singh, aye

APPROVAL OF NEW CONTRACTS (062007) - Mrs. Johnston moved, seconded by Mrs. Lewis, to approve the following new contracts.
MEO Business Group, Occupational/Physical Therapist, school year 2020-2021, OT - $124,000.00 and PT -$37,200.00
MEO Business Group, Preschool Speech Therapist, School Year 2020-2021, $12,400.00

Maxim Healthcare Services, Staffing Rates, cost as dictated by Attachment A, as needed for School Year 2020-2021
Aramark Educational Services, LLC, Food Service Management, School Year 2020-2021 Hamilton Clermont Cooperative, Technology Services, School Year 2020-2021, $54,242.40
Hamilton County Educational Service Center, on behalf of Rockwern Academy, Student Services and Intervention Solutions, for school year 2020-2021, $75,794.40
Hamilton County Educational Service Center, on behalf of St. Vincent Ferrer, Student Services and Intervention Solutions, for school year 2020-2021, $149,492.20

INDIAN HILL EXEMPTED VILLAGE SCHOOL DISTRICT MINUTES – June 23, 2020

Roll call vote was as follows:

Mrs. Aichholz, aye Mrs. Lewis, aye

Dr. Hooker, aye	Mrs. Johnston, aye Mrs. Singh, aye

RESOLUTION TO AUTHORIZE TREASURER (062008) - Mrs. Johnston moved, seconded by Mrs. Lewis, to authorize the Treasurer to supplement appropriations as needed, and to make the necessary appropriation/budget modifications including any advance and transfers to close the financial books for FY2020.

Increase Fund 001 (General Fund) by $250,000.00 Decrease Fund 022 (District Agency Funds) by $14,000.00 Increase Fund 035 (Severance) by $16,200.00
Decrease Fund 200 (Student Managed Activities) by 38,000.00 Decrease Fund 551 (Title III) by $1,254.91
Increase Fund 572 (Title I) by $4,232.63

Increase Fund 587 (Handicapped Pre-School) by $9.73 Increase Fund 590 (Improving Teacher Quality) by 1,337.44
Decrease Fund 599 (Student Support & Academic Enrichment) by $286.97

Transfer $3,670.82 from 300-9316 (Band Travel Account) to 300-9314 (Band Fund) prior to close of FY2020 Transfer $4,096.33 from 300-9327 (High School Theatre Club) to 300-9340 (PowWow Production Account) prior to close of FY2020
Advance $6,382.97 from 300-9307 (Middle School Drama) to 300-9312 (Orchestra) prior to close of FY2020 Advance $27.00 from 300-9307 (Middle School Drama) to 300-9323 (High School Literary Magazine) prior to close of FY2020
Advance $4,940.38 from 300-9307 (Middle School Drama) to 300-9327 (High School Theatre Club) prior to close of FY2020
Return of Advance $6,382.97 from 300-9312(Orchestra) to 300-9307 (Middle School Drama) after July 1, 2020 Return of Advance $27.00 from 300-9323(High School Literary Magazine) to 300-9307 (Middle School Drama) after July 1, 2020
Return of Advance $4,940.38 from 300-9327(High School Theatre Club) to 300-9307 (Middle School Drama) after July 1, 2020
Advance $98.24 from 200-9202 (High School Government) to fund 200-9221 (Model UN) prior to close of FY2020
Return of Advance $98.24 from 200-9221 (Model UN) to 200-9202 (High School Government) after July 1, 2020
Advance $1,650.00 from 001 (General) to fund 551 (Title III) prior to close of FY2020 Return of Advance $1,650.00 from 551 (Title III) to 001 (General) after July 1, 2020 Advance $16,431.43 from 001 (General) to fund 572 (Title I) prior to close of FY2020 Return of Advance $16,431.43 from 572 (Title I) to 001 (General) after July 1, 2020
Advance $467.49 from 001 (General) to fund 590 (Improving Teacher Quality) prior to close of FY2020 Return of Advance $467.49 from 590 (Improving Teacher Quality) to 001 (General) after July 1, 2020 Advance $1,000.00 from 001 (General) to fund 599 (Student Support) prior to close of FY2020
Return of Advance $1,000.00 from 599 (Student Support) to 001 (General) after July 1, 2020

Roll call vote was as follows:

Mrs. Aichholz, aye Mrs. Lewis, aye

Dr. Hooker, aye	Mrs. Johnston, aye Mrs. Singh, aye

APPROVAL TO ACCEPT COMMERICAL CASUALTY INSURANCE (062009) - Mrs. Johnston moved, seconded by Mrs. Lewis, to approve the proposal of Ohio School Plan for the amount of $117,511.00. Roll call vote was as follows:

Mrs. Aichholz, aye Mrs. Lewis, aye

Dr. Hooker, aye	Mrs. Johnston, aye Mrs. Singh, aye

INDIAN HILL EXEMPTED VILLAGE SCHOOL DISTRICT MINUTES – June 23, 2020

APPROVAL TO PAY INVOICES (062010) - Mrs. Johnston moved, seconded by Mrs. Lewis, to pay the following invoices in accordance with Section 5705.41 (D)(1):

SchoolDude, Maintenance Essentials Software, $3,348.21

Roll call vote was as follows:

Mrs. Aichholz, aye Mrs. Lewis, aye

Dr. Hooker, aye	Mrs. Johnston, aye Mrs. Singh, aye

APPROVAL OF FY2021 TEMPORARY APPROPRIATIONS (062011) - Mrs. Johnston moved, seconded by Mrs. Lewis, to adopt the following resolution:

Be it resolved by the Board of Education of the Indian Hill Exempted Village School District, Hamilton County, Ohio, that to provide for the current expenses and other expenditures of said Board of Education during the Fiscal Year, ending June 30th, 2021, the following sums be and the same are hereby set and appropriated for the several purposes for which expenditures are to be made and during said fiscal year, as follows, viz:

General Fund – 001 Debt Service Fund – 002 Food Service – 006
Public School Support Fund – 018 Severance Account – 035
Student Managed Activity Fund – 200 Athletic Fund – 300
Auxiliary Fund – 401 Title VI-B, IDEA Title I – 572
Title VI-B, Preschool

Title II-A, Teacher Quality

Total Temporary Appropriation – Fiscal Year 2021

7,500,000.00 875,000.00 150,000.00 1,150.00 25,000.00 12,500.00 35,000.00 100,000.00 145,000.00 50,000.00 750.00 11,000.00

8,905,400.00

Roll call vote was as follows:

Mrs. Aichholz, aye Mrs. Lewis, aye

Dr. Hooker, aye	Mrs. Johnston, aye Mrs. Singh, aye

RESOLUTION DECLARING THE IMPRACTABILITY OF TRANSPORTATION AND OFFERING PAYMENT IN TO PARENTS IN LIEU OF TRANSPORTATION (062012) - Mrs. Johnston moved, seconded by Mrs. Lewis, to adopt the following resolution:

WHEREAS, Ohio Revised Code Section 3327.02 provides a process that allows a Board of Education to determine that it is impractical to transport a pupil who is eligible for transportation to and from school under Section 3327.01 of the Ohio Revised Code; and

WHEREAS, the Indian Hill School Transportation Supervisor has considered the factors set forth in Ohio Revised Code Section 3327.02 related to the transportation of the below listed students; and

WHEREAS, the factors to be considered by the Board are as follows:

1.	The time and distance required to provide the transportation; 2.	The number of pupils to be transported;
3.	The cost of providing transportation in terms of the equipment, maintenance, personnel and administration; 4.	Whether similar or equivalent service is provided to other pupils eligible for transportation;
5.	Whether, and to what extent, the additional service unavoidably disrupts current transportation schedules; and 6.	Whether other reimbursable types of transportation are available; and

INDIAN HILL EXEMPTED VILLAGE SCHOOL DISTRICT MINUTES – June 23, 2020

WHEREAS, based on these recommendations of the Superintendent and the Transportation Director, the Board has determined that transportation for certain pupils is impractical and, therefore, authorizes payments in lieu of transportation.

NOW, THEREFORE, BE IT RESOLVED by the Indian Hill Exempted Village School District Board of Education as follows:

SECTION I

The Board determines in accordance with the factors to be considered under Ohio Revised Code Section 3327.02 that it is impractical to transport the following students to and from school and, therefore, the Board authorizes the payment in lieu of transportation to the parents/guardians of the below identified students in the amounts listed.

A.	St. Ursula Villa

Student Name Remington Fry Charlie Moran Henry Moran Jack Moran

Parents
Drs. Sharie & Gregory Fry Brion Moran
Brion Moran Brion Moran

Amount $250.00 $250.00 $250.00 $250.00

B.	Summit Country Day

Student Name Patrick McHugh Carl Replogle Michael Louiso

Parents
Phil & Suzanne McHugh Jessica Replogle
Tracy Louiso

Amount $250.00 $250.00 $250.00

C.	Moeller

Student Name Jacob Boudreau Andrew Boudreau Gideon Hansen Samuel Rayburn

Parents
Russ & Rachelle Boudreau Russ & Rachelle Boudreau Aveling Hansen
Clare Rayburn

Amount $250.00 $250.00 $250.00 $250.00

D.	Mt. Notre Dame

Student Name Caitlin Devitt Margaret Albers Ashley Elma Emma Campbell

Parents Ann Devitt
Kirsten Albers Jennifer Elma Lisa Campbell

Amount $250.00 $250.00 $250.00 $250.00

E.	Miami Valley Christian Academy

Student Name Kurt Merling Emily Merling David Merling

Parents
Jeff & Michele Merling Jeff & Michele Merling Jeff & Michele Merling

Amount $250.00 $250.00 $250.00

F.	The Seven Hills School

Student Name Matilda Gross-Hutton Madelyn Kennebeck

Parents Sandra Gross
Dr. Stephanie Kennebeck

Amount $250.00 $250.00

INDIAN HILL EXEMPTED VILLAGE SCHOOL DISTRICT MINUTES – June 23, 2020

G.	Ursuline Academy

Student Name Victoria Brunette Gabriella Mangano Maeve Tierney

Parents
William Brunette Danielle Mangano Jessica Tierney

Amount $250.00 $250.00 $250.00

H.	St. Ursula Academy

Student Name Emily Denoyer Samantha Estes Mary Schoeny

Parents
David Denoyer Elizabeth Estes Jeff Schoeny

Amount $250.00 $250.00 $250.00

I.	St. Xavier

Student Name Robert Adleta Carter Heekin
Matthew Schwanekamp George Beblo
Edward Herald William Herald Evan Hoynes Brian Parker

Parents Robert Adleta Jenny Heekin
Robin Schwanekamp Dave Beblo
Liza Herald Liza Herald Pamela Hoynes Lisa Parker

Amount $250.00 $250.00 $250.00 $250.00 $250.00 $250.00 $250.00 $250.00

J.	Cincinnati Hills Christian Academy

Student Name Hannah Joseph Emma Islas Thomas Jung Dane Blythe Reid Blythe Jackson Reno Katelynn Reno David Schaefer

Parents Denis Davis Jennifer Islas
Cassandra Jung Alana Blythe Alana Blythe Jodi Reno
Jodi Reno Molly Schaefer

Amount $250.00 $250.00 $250.00 $250.00 $250.00 $250.00 $250.00 $250.00

K.	Linden Grove School

Student Name Marco Ryes

Parents Beatriz Porras

Amount $250.00

Roll call vote was as follows:

Mrs. Aichholz, aye Mrs. Lewis, aye

Dr. Hooker, aye	Mrs. Johnston, aye Mrs. Singh, aye

OTHER BUSINESS BY BOARD/ADMINISTRATION

OPERATIONS COMMITTEE – The operations committee submitted the 2020-2021 Capital Plan for second reading. The plan contained bus lease payments, technology, and a DEF tank. All other items were deferred to future years to maximize cash conservation.

INDIAN HILL EXEMPTED VILLAGE SCHOOL DISTRICT MINUTES – June 23, 2020

APPROVAL OF 2020-21 CAPITAL PLAN (062013) - Dr. Hooker moved, seconded by Mrs. Johnston, to approve the 2020-2021 Capital Plan, as presented. Roll call vote was as follows:

Mrs. Aichholz, aye Mrs. Lewis, aye

Dr. Hooker, aye	Mrs. Johnston, aye Mrs. Singh, aye

PERSONNEL COMMITTEE – The personnel committee submitted their minutes to the Board of Education from the June 10, 2020 meeting.

Mrs. Aichholz opened the discussion of the bond/operation levy. After discussing the bond/operation levy. The Treasurer advised the Board of that the notice requirements of Section 121.22 of the Revised Code, as they may have been superseded by aforementioned Am. Sub. H.B. 197, and the implementing rules adopted by the Board pursuant thereto were complied with for the meeting.

A RESOLUTION DETERMINING TO PROCEED WITH SUBMITTING TO THE ELECTORS OF THE SCHOOL DISTRICT THE SINGLE QUESTION OF THE ISSUANCE OF SCHOOL FACILITIES IMPROVEMENT BONDS IN THE AGGREGATE PRINCIPAL AMOUNT OF $77,000,000 AND THE LEVYING OF AN ADDITIONAL 2.46-MILL TAX TO PROVIDE FUNDS FOR CURRENT OPERATING EXPENSES, PURSUANT TO SECTION 5705.218 OF THE REVISED CODE (062006) - Dr. Hooker moved, seconded by Mrs. Johnston:

WHEREAS, on March 12, 2020, this Board adopted Resolution No. 032017 declaring the necessity of submitting to the electors of all of the territory of the School District at an election to be held in the School District on November 3, 2020, the single question of (i) the issuance of bonds in the aggregate principal amount of $77,000,000 for the purpose set forth in Section 1 of this resolution and the levying of a tax to provide for the payment of the debt charges on those bonds and any anticipatory securities, and (ii) the levying of an additional 2.46-mill ad valorem property tax outside the ten-mill limitation to provide funds to pay for current operating expenses for a period of five years, a copy of which resolution was certified to the Hamilton County Auditor; and

WHEREAS, on March 23, 2020, the Hamilton County Auditor certified to this Board that (i) the estimated average annual property tax levy that would be required throughout the stated maturity of those bonds to pay debt charges on them, calculated in the manner provided in Section 133.18(C) of the Revised Code, is 3.22 mills for each one dollar of tax valuation, which amounts to
thirty-two and two-tenths (32.2) cents for each one hundred dollars of tax valuation, (ii) the dollar amount of revenue that would be generated annually by the additional 2.46-mill property tax levied to provide funds to pay for current operating expenses is $3,107,786, and (iii) the total tax valuation of the School District is $1,263,327,770 for purposes of the calculations in (i) and (ii) above;

NOW, THEREFORE, BE IT RESOLVED by the Board of Education of the Indian Hill Exempted Village School District, County of Hamilton, Ohio, not less than two-thirds (2/3) of all members thereof concurring, that:

Section 1. Declaration of Necessity of Issuing School Facilities Improvement Bonds and Levying a Tax for Current Operating Expenses. After receiving and reviewing the certifications of the Hamilton County Auditor described in the preambles hereto, this Board hereby finds, determines and declares that (i) the amount of taxes that can be raised within the ten-mill limitation
will be insufficient to provide an adequate amount for the present and future requirements of this School District, (ii) it is necessary to issue general obligation bonds of the School District in the aggregate principal amount of $77,000,000 for the purpose of constructing, adding to, renovating, remodeling, furnishing, equipping and otherwise improving School District buildings and
facilities and acquiring, clearing, equipping and otherwise improving School District building and facility sites (the Bonds), and to levy an additional tax in excess of the ten-mill limitation to pay the debt charges on the Bonds and any anticipatory securities, and (iii) it is necessary to levy, for a period of five years, an additional 2.46-mill tax in excess of the ten-mill limitation to provide funds for current operating expenses. The average annual property tax levy required throughout the stated maturity of the Bonds (30 years) to pay the debt charges on the Bonds has been estimated by the Hamilton County Auditor to be 3.22 mills for each one dollar of valuation, which amounts thirty-two and two tenths (32.2) cents for each one hundred dollars of valuation. The tax to pay the debt charges on the Bonds and any anticipatory securities is expected to levied first on the tax list and duplicate for the year 2020 and to be first collected and available to School District in collection year 2021.