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Meeting Date:
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4/17/2025 - 6:30 PM
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Category:
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Business and Finance
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Type:
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Action
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Subject:
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5.9 Adoption of Resolution re UBS Financial Services Inc.
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Strategic Plan:
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Vision Building Successful Futures - Each Student - Every Day
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Provide Name(s) of Attachments
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The Park Hill School District Business Office has recently transitioned personnel based on the recent resignation of Susan Bartlett, Accounting Coordinator. Ms. Bartlett is leaving the district effective April 11, 2025. Cooper Spencer currently serves as an Accounting Assistant and will added to UBS while the district recruits a new Accounting Coordinator. Mr. Spencer began his employment with the school district on May 13, 2024.
The role of the Accounting Coordinator in the Park Hill School District has unique access to banking and investment accounts.
Pursuant to Board Policy DG, the Park Hill School District utilizes Platte Valley Bank as the district's Depository of Funds. Consistent with Board Policy DFA, the district utilizes the Missouri Securities Investment Program (MOSIP) for the investment of bond funds and cash flow management. In addition, the district uses UBS for the investment and cash flow management of all other funds. Investments may be made only in those instruments approved by, and in a method in conformity with state law including any instrument permitted by law for the investment of state moneys.
It is recommended that the Park Hill Board of Education renew the attached UBS Resolution that removes Susan Bartlett and adds Cooper Spencer to the account.
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File Attachment:
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Provide Background Details and Rationale:
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Provide Funding Source and Estimated Cost:
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Legal References
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Name of Persons(s) Submitting Agenda Item with Title
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Dr. Paul Kelly, Assistant Superintendent for Business & Technology
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Presenter(s) if Presentation Anticipated
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Dr. Paul Kelly, Assistant Superintendent for Business & Technology
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Recommendation:
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It is recommended that the Park Hill Board of Education adopt the Resolution from USB Financial Services, Inc. approving selected staff members to open and maintain security accounts as presented.
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Approvals:
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Recommended By:
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Signed By:
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Dr. Paul Kelly - Assistant Superintendent - Business & Technology
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Signed By:
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Dr. Mike Kimbrel - Superintendent
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Vote Results:
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| Original Motion | | Member Harrison Todd Moved, Member Janice Bolin seconded to approve the Original motion 'It is recommended that the Park Hill Board of Education adopt the Resolution from USB Financial Services, Inc. approving selected staff members to open and maintain security accounts as presented.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 7 Nay: 0. | | The motion Carried 7 - 0 | | | | | Janice Bolin | Yes | | Scott Monsees | Yes | | Brandy Woodley | Yes | | Daryl Terwilleger | Yes | | Shereka Barnes | Yes | | Layla Barbur | Yes | | Harrison Todd | Yes | |
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