Public hearing on bond issuance held
Held a public hearing on the issuance of Working Cash bonds, during which no questions were asked. According to administrative rationale, a review of the college's current working cash position and consultation with both Chapman and Cutler LLP and First MidState Inc., it was determined that the college is authorized to have an additional $1,665,000 in Working Cash funds. This would allow the college to be in a stronger financial position at a time when the state is almost four months behind in payment. The administration has determined the issuance would increase the average tax rate by 4.81 cents.
Board requests Foundation changes
Authorized making a request to the RLC Foundation Board of Directors that it assume responsibility of paying the salary and benefits of the CEO of the RLC Foundation. If they accept that responsibility, the CEO of the Foundation will report directly to the Foundation Board of Directors and will perform only RLC Foundation duties, according to administrative rationale.
Changed the position of Vice President of Information Technology and Student Services to Vice President of Information Technology. Also, all areas reporting to the Dean of Student Services and the Dean of Special Programs will report directly to the college president on an interim basis.
Organizational chart modified
Modified the organizational chart by eliminating the position of Dean of Student Services, creating the position of Vice President of Student Services, and having the college grant writer report directly to the college president. Also, the oversight of the Rend Lake College Foundation Children’s Center will be moved to another area pending a study of the matter.
Vice President of Student Services sought
Granted permission to advertise for a Vice President of Student Services.