CANADIAN INDEPENDENT SCHOOL DISTRICT 800 Hillside Canadian, Texas 79014-3299

MINUTES OF THE BOARD July 15, 2008 The Canadian Independent School District Board of Education met in regular session on Tuesday, July 15, 2008 at 6:30 p.m. in the School Administration Building. Those present were: Mitch Ashley, presiding, Salem Abraham, Larry Gatlin, John C. Isaacs, arriving at 7:30 p.m., Ken King, Randy Walser, Superintendent, Frank Belcher, Athletic Director, Kyle Lynch, Business Manager, Cindy Moore, Canadian Record editor, Laurie Brown, Grimes and Associates representatives, John Blankenship and Bert Moffitt; First Southwest Company representative, George Williford; City Manager, Colby Waters; Missouri Valley, Inc. representative, Andy Turnbow; Killis Almond & Associates representative, Shantha Gunawardena and Rob Brown. Allen Hadaway was absent. INVOCATION Mr. Ashley gave the invocation. PUBLIC COMMENT There was no public comment. MINUTES Mr. Gatlin moved to approve the minutes of the June 17, 2008 regular meeting. Mr. King seconded the motion. It passed 5-0. RATIFICATION OF BILLS Mr. Abraham moved all June and July office and void checks, wires and transfers, for General Operating #12024 through 12104; Consolidated Application #1964 through

1987; Activity Fund #3811 through 3837; Capital Projects #4907 through 4986; Workers Comp Fund #1821 through 1824; Tax Clearing #1511 through 1519; Ward Scholarship Fund #1049; Payroll Clearing #8325 through 8414, wires #060000 and 060001; and Payroll Register dated June 25, 2008 be approved for payment. Mr. Gatlin seconded the motion. It passed 5-0. FINANCIAL STATEMENT(S) The financial statement contained financial reports and tax collection statements. REPORTS/DISCUSSION ITEMS Mr. Belcher reviewed with the board the status of construction projects and preliminary budget and financial assumptions for 2008-2009. The board discussed with Mr. Blankenship and Mr. Moffitt revising plans for the field house/concession project. The board discussed possible options for housing for employees. CONSIDER/APPROVE REPAYMENT SCHEDULE FOR THE 2008 BOND ISSUE Mr. Isaacs moved to issue $5,000,000 in bonds to be repaid in five(5) years. Mr. Abraham seconded the motion. It passed 6-0. CONSIDER/APPROVE BID CANADIAN HIGH SCHOOL FOR BLEACHER REPLACEMENT AT

After reviewing bids for bleacher replacement at Canadian High School the board decided to table the action until they had further information. CONSIDER/APPROVE MIDDLE SCHOOL AUDITORIUM PROJECT AND COST Mr. King moved to approve construction to proceed on the Middle School Auditorium Project at a cost of $3,673,513.92. Mr. Gatlin seconded the motion. It passed 6-0. CONSIDER DISIGNATION OF BUSINESS MANAGER TO CALCULATE AND REVIEW ROLLBACK TAX RATE Mr. Abraham moved to designate Business Manager, Cindy Moore to calculate and review the rollback tax rate. Mr. Gatlin seconded the motion. It passed 6-0.

CONSIDER/APPROVE REVISIONS TO SICK LEAVE BANK POLICY Mr. Gatlin moved to approve the revisions th the sick leave bank policy as presented. Mr. Walser seconded the motion. It passed 6-0. CONSIDER PRICING FOR BAKER LIBRARY PROJECT This item was tabled, there were no new figures for approval. CONSIDER/APPROVE MILK BIDS FOR 2008-2009 Mr. Abraham moved to accept the low bid from Lowes Pay N Save for milk for the 2008-2009 school year. Mr. Walser seconded the motion. It passed 6-0. Bids were also received from Gandys Dairies, Inc and Ben E. Keith. CONSIDER/APPROVE BREAD BIDS FOR 2008-2009 Mr. Abraham moved to accept the low bid from Lowes Pay N Save for bread for the 2008-2009 school year. Mr. Walser seconded the motion. It passed 6-0. A bid was also received from Ben E. Keith. CONSIDER/APPROVE FUEL BIDS FOR 2008-2009 Mr. Abraham moved to accept the only bid received from Canadian Oil and Gas for fuel for the 2008-2009 school year. Mr. Gatlin seconded the motion. It passed 6-0. CONSIDER/APPROVE BUDGET AMENDMENTS Mr. King move to increase Fund 698, Function 51 $85,000 and increase Fund 699, Function 36 $65,000. Mr. Gatlin seconded the motion. It passed 6-0. EXECUTIVE SESSION The Board entered into executive session at 10:25 p.m. and reconvened in open session at 12:44 a.m. ACTION ON EXECUTIVE SESSION There was no action taken of executive session.

There being no further business, the meeting adjourned.

The next regular board meeting will be Tuesday, August 12, 2008 at 6:30 p.m.

____________________________ President: _____________________________ Date:

_____________________________ Secretary: _____________________________ Attest: