Sycamore Board of Education - Sycamore Community Schools

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Sycamore Board of Education – Regular Meeting 12 June 20, 2012 TREASURER’S AGENDA Approval of FY12 Appropriation Measure Mrs. Adamec moved, seconded by Mrs. Staubach to approve the Fiscal Year 2012 Appropriation Measure as presented granting the Treasurer authorization to amend if necessary and report the results to the Board of Education. FY12 Appropriation Measure Item #12-162 Vote: Mrs. Adamec, aye; Mrs. Staubach, aye; Mr. Mercurio, aye; Mr. Richter, aye; Mrs. Cole, aye. Approval of Temporary FY13 Appropriation Measure Mr. Mercurio moved, seconded by Mrs. Staubach to approve a Temporary Appropriation Measure for Fiscal Year 2013 as presented. Vote: Mr. Mercurio, aye; Mrs. Staubach, aye; Mr. Richter, aye; Mrs. Adamec, aye; Mrs. Cole, aye. Duke Energy Conservation Rebates FY13 Temporary Appropriation Measure Item #12-163 The district has received approximately $500,000 in rebates from Duke Energy as a result of its HB264 energy conservation project. Mrs. Staubach moved, seconded by Mr. Richter to approve utilizing rebates received from Duke Energy for the HB264 Energy Conservation project for principal and interest payments related to bonds issued for the project. Duke Energy Conservation Rebates Item #12-164 Vote: Mrs. Staubach, aye; Mr. Richter, aye; Mrs. Adamec, aye; Mrs. Cole, aye; Mr. Mercurio, aye. Authorization of Termination of the Butler County Health Plan Fund Trust Agreement and Transfer of Assets to the Optimal Health Initiative Consortium Mrs. Weber noted that the Butler Health Plan (BHP) Board of Trustees has approved reorganization contingent upon approval of a majority of its member districts. BHP will dissolve and re-form as a part of the Optimal Health Initiative (OHI) Consortium. BHP cofounded OHI 4 years ago as a purchasing co-op. The new OHI will evolve into a state-wide, jointly administered arrangement with Northern Buckeye Health Plan (Northwest Division) and
Sycamore Board of Education – Regular Meeting 13 June 20, 2012 Scioto Health Plan (Southeast Division). BHP will become the Southwest Division. The merger will 1)enhance independent survivability from state and federal control, 2) allow BHP to become an owner of a state-wide pool founded by our insurance program leadership and increase political clout in the state, 3) increase our leverage from 15,000 members to over 44,000 members and 4) grow BHP with new members and new programs. There will be no impact on employees and the BHP will continue to control the financial assets, plan design, premium rate setting, etc. for the Southwest division. Mrs. Weber noted that this is a great example of shared services benefitting our district. Mrs. Staubach moved, seconded by Mrs. Adamec to approve the following resolution: WHEREAS, the Sycamore Community School District Board of Education (“Board”) is an Employer, as that term is defined under the Second Amendment in Entirety of Butler County Health Plan Fund Trust Agreement dated January 16, 2009 (“BHP Trust”). WHEREAS, BHP Trust currently has and maintains control and possession of certain funds, contracts, together with property, both tangible and intangible (“Assets”), along with certain obligations and liabilities (“Liabilities”), all arising in connection with and in furtherance of health insurance activities, including, without limitation, activities in procuring or contracting for policies, contracts or plans of insurance to provide health care benefits, or establishing and maintaining a joint self-insurance program to provide health care benefits for its members (collectively “Health Insurance Activities”), conducted on behalf of the Board and other Employers. Termination of BHP Fund Trust Agreement & Transfer of Assets to the Optimal Health Initiative Consortium Item #12-165 WHEREAS, the Board understands that the Board of Trustees of the BHP Trust have, by unanimous vote, voted to terminate the BHP Trust and to transfer all Assets and Liabilities of the BHP Trust to the trustees of the Optimal Health Initiatives Trust (“OHI Trust”), which trust is established for a substantially similar purpose as the BHP Trust, and which trustees shall apply such Assets for uses substantially similar to those set forth in Section 2 of Article V of the BHP Trust. WHEREAS, the Board understands that, by termination of the BHP Trust and transfer of the Assets and Liabilites, the BHP Trust intends to divest itself of all Health Insurance Activities, together with all related Assets and Liabilities, and understands that the OHI Trust will accept and assume all such Health Insurance Activities, including, without limitation, undertaking to fulfill all agreements relating to Health Insurance Activities to which the BHP Trust is presently a party, and to accept and assume responsibility for
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Sycamore Board of Education - Sycamore Community Schools

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