05-13-2008 Regular School Board Meeting
Agenda Item #39


Title
Loan for Viera High School Concession Stand

Discussion

This request is to approve a loan of $142,188.00 for a concession stand at Viera High School. The concession stand will support athletic activities and also provide restroom facilities for events. Presently, no facility for restrooms is available to accommodate the field area and portable toilets must be rented for events. A loan repayment plan and rationale is attached for your review. Loan repayment will be made with resources from concession sales throughout the school year.



Recommendation

Approve a loan for Viera High School in the amount of $142,188.00 for a concession stand.



Meeting Date(s)
Information - 4/22/2008
Consent w/o Information5/13/2008

Authority for Action
School Board Policy 6233 C

Involves Expenditure of Funds Directly in the Classroom
No

Source of Funding
Capital Projects

FY
Amount
Budgeted
Fund
Cost Center
Project
Function
Object
Program
2008$142,188.00Yes37895320058387400681000

Contact

Mark Tormoen, Principal - 632-1770

Leroy A. Berry, Acting Area II Superintendent - 633-1000 x203

Kathy Jackson - Accounting Manager - 633-1000 x674

Judy Preston, Assoc. Supt., Financial Svcs. - 633-1000 x600




Attachment:  LoanRequestconsessionstand.pdf