Jun 26, 2020

Hutch CC BOT finishes up fiscal year

Posted Jun 26, 2020 10:20 AM

HUTCHINSON, Kan. — The Hutchinson Community College Board of Trustees held its final meeting of the fiscal year Thursday evening.

The Board approved the renewal of the College’s property and workers compensation insurance for the coming year and conducted several items of routine business including approval of the final bills to be paid for the 2019-20 fiscal year.

In addition, the Board approved the refinancing of the College’s 2012 Dormitory Certificates of Participation issued in conjunction with the renovation of the residence halls. By taking advantage of the current interest rate environment, the College will be able to reduce the term of the bonds by two years while saving $455,469.58.

The next meeting of the board will be on Thursday, July 16. The meeting will be at 7:00 p.m. in the Shears Technology Center Justice Theater. The public is invited to attend.