of the


Board of Directors Meeting

Monday, March 31, 2003, 7:00 p.m.


The Board of Directors of Kutztown Area School District met for a special board meeting on Monday,      March 31, 2003, 7:30 p.m., in the High School Library pursuant to due notice to board members and the public.


Present           Patricia Bealer, James Kramer, Donald Meyers, Don Vymazal, William Yurvati 


Absent             Kent Dahlquist, Dale Reppert, Dennis Ritter, Carl Ziegler, Lynn Nonnemacher


Also                 Brenda Winkler-Superintendent, Nickolas Sosik, Jr.-Board Treasurer, Gretchen

Present           Diehl-Board Secretary, Gregg Ewing-Parker/Hunter


Call to Order   The meeting was called to order at 7:08 p.m. by President Vymazal


Bond Sale       Motion made by Patricia Bealer, seconded by William Yurvati, to approve the refinancing

Resolution       of the 1998 general obligation bond issue to take advantage of low interest rates

                        through the attached resolution.

                        Roll call vote:           Yes  5        No  0       Absent 4 (Dahlquist, Reppert, Ritter, Ziegler)

Motion carried.


Adjournment   Motion made by James Kramer, seconded by William Yurvati, to adjourn the meeting at

                        7:26 p.m.

            Motion carried unanimously.


                                                                             Respectfully submitted by,



                                                                             Gretchen A. Diehl

                                                                             School Board Secretary