Loading...
Agenda 04/28/2020 Item #16E 4 (District School Board Agreement Amendment #15) (;(&87,9(6800$5< 5HFRPPHQGDWLRQWRDSSURYH$PHQGPHQW1RWRWKH$JUHHPHQWZLWK&ROOLHU&RXQW\'LVWULFW 6FKRRO%RDUGIRUWKH'ULYHU(GXFDWLRQ3URJUDP 2%-(&7,9(7RDOORFDWH'ULYHU(GXFDWLRQWUXVWIXQGVWRVXSSOHPHQWGULYHUHGXFDWLRQIRUSXEOLFDQG SULYDWHKLJKVFKRROVWXGHQWV &216,'(5$7,2162Q-XO\WKH%RDUGDGRSWHG2UGLQDQFH1RHQWLWOHG³'RUL 6ORVEHUJ 'ULYHU (GXFDWLRQ 2UGLQDQFH´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±$GPLQLVWUDWLYH6HUYLFHV'HSDUWPHQW 1DPH%HQGLVD0DUNX $0 6XEPLWWHGE\ 7LWOH'HSDUWPHQW+HDG$GPLQLVWUDWLYH6YF±$GPLQLVWUDWLYH6HUYLFHV'HSDUWPHQW 1DPH/HQ3ULFH $0 $SSURYHG%\ 5HYLHZ $GPLQLVWUDWLYH 6HUYLFHV'HSDUWPHQW 3DXOD%UHWKDXHU /HYHO'LYLVLRQ5HYLHZHU &RPSOHWHG $0 $GPLQLVWUDWLYH6HUYLFHV'HSDUWPHQW /HQ3ULFH /HYHO'LYLVLRQ$GPLQLVWUDWRU5HYLHZ &RPSOHWHG 30 &RXQW\$WWRUQH\ V2IILFH -HQQLIHU%HOSHGLR /HYHO$WWRUQH\RI5HFRUG5HYLHZ &RPSOHWHG $0 2IILFHRI0DQDJHPHQWDQG%XGJHW /DXUD:HOOV $GGLWLRQDO5HYLHZHU &RPSOHWHG $0 2IILFHRI0DQDJHPHQWDQG%XGJHW 'HEUD:LQGVRU /HYHO20%*DWHNHHSHU5HYLHZ &RPSOHWHG $0 &RXQW\$WWRUQH\ V2IILFH -HIIUH\$.ODW]NRZ /HYHO&RXQW\$WWRUQH\ V2IILFH5HYLHZ &RPSOHWHG $0 &RXQW\0DQDJHU V2IILFH *HRIIUH\:LOOLJ /HYHO&RXQW\0DQDJHU5HYLHZ &RPSOHWHG 30 %RDUGRI&RXQW\&RPPLVVLRQHUV 0DU\-R%URFN 0HHWLQJ 3HQGLQJ $0 ( 3DFNHW3J (D 3DFNHW3J$WWDFKPHQW$PGHQGPHQW6LJQHG 'ULYHU V(GXFDWLRQ (D 3DFNHW3J$WWDFKPHQW$PGHQGPHQW6LJQHG 'ULYHU V(GXFDWLRQ (D 3DFNHW3J$WWDFKPHQW$PGHQGPHQW6LJQHG 'ULYHU V(GXFDWLRQ (D 3DFNHW3J$WWDFKPHQW$PGHQGPHQW6LJQHG 'ULYHU V(GXFDWLRQ (E 3DFNHW3J$WWDFKPHQW$SSOLFDWLRQIRU$PHQGPHQW([KLELW$ 'ULYHU V(GXFDWLRQ (E 3DFNHW3J$WWDFKPHQW$SSOLFDWLRQIRU$PHQGPHQW([KLELW$ 'ULYHU V(GXFDWLRQ (E 3DFNHW3J$WWDFKPHQW$SSOLFDWLRQIRU$PHQGPHQW([KLELW$ 'ULYHU V(GXFDWLRQ (F 3DFNHW3J$WWDFKPHQW'ULYHU V(G3URJUDP([KLELW% 'ULYHU V(GXFDWLRQ (F 3DFNHW3J$WWDFKPHQW'ULYHU V(G3URJUDP([KLELW% 'ULYHU V(GXFDWLRQ (F 3DFNHW3J$WWDFKPHQW'ULYHU V(G3URJUDP([KLELW% 'ULYHU V(GXFDWLRQ