technical college district, wisconsin board … · board room, room m210, ... bills payable...

April 15, 2016 NOTICE TO RESIDENTS OF THE MILWAUKEE AREA TECHNICAL COLLEGE DISTRICT, WISCONSIN A regular open meeting* of the MILWAUKEE AREA TECHNICAL COLLEGE DISTRICT BOARD FINANCE, PERSONNEL, AND OPERATIONS COMMITTEE, will be held in the BOARD ROOM, ROOM M210, of MILWAUKEE AREA TECHNICAL COLLEGE, 700 WEST STATE STREET, MILWAUKEE, WISCONSIN on THURSDAY, APRIL 21, 2016, beginning at 5:00 P.M. The agenda** for said meeting is presented as follows: A. Roll Call B. Compliance with the Open Meetings Law C. Approval of Minutes, March 17, 2016 – Attachment 1 D. Comments from the Public E. Advisory Audit Committee Report F. Approval of Consent Agenda Items

1. Board Bills List – Attachment 2 a. By Check Number b. By Payee c. Checks Exceeding $2500 d. Channels 10/36 e. Voided Checks

2. Financial Report – Attachment 3

3. Human Resources Report – Attachment 4

4. Procurement Report – Attachment 5

I. External Contracts None

II. Procurements

1. Self-Funded Dental Plan Delta Dental Stevens Point, WI $5,840,090 ($1,168,018 annually)

2. MPTV Remote Production Truck Sony Electronics Inc. Park Ridge, NJ $580,228.47

3. Food Service Software Aurora Information Systems Cherry Hill, NJ $147,143.00 + traveling expenses

4. Stop Loss Insurance Voya Minneapolis, MN $4,892,823.00 ($1,630,941.annually)

III. Contracts for Services

None

IV. Construction Contracts 1. RENOVATION AND REMODELING

District Compliance-WTCS Facilities Accessibility Report Project # 2016659- MATC Bid Reference # 2016-007 Absolute Construction Enterprises, Inc. Racine, WI $161,000.00

V. Lease Agreements None

G. Action Items

1. Resolution (F0025-04-16) Authorizing the Sale of $1,500,000 General Obligation

Promissory Notes, Series 2015-2016K of Milwaukee Area Technical College District, Wisconsin – Attachment 6

2. Resolution (F0026-04-16) Authorizing the Issuance of $1,500,000 General Obligation Promissory Notes, Series 2015-2016L of Milwaukee Area Technical College District, Wisconsin – Attachment 7

3. Resolution (F0027-04-16) to Approve Avocational Fees and Parallel & Post-

Secondary/ Vocational Tuition for Academic Year 2016-2017 – Attachment 8 4. Resolution (F0028-04-16) to Revise Fiscal Year 2015–2016 Renovation /

Remodeling (Capital) Projects - Attachment 9 H. Discussion Items

1. Year-End Projection of General Fund as of June 30, 2016 and General Fund Preliminary Projection FY16-17

2. Quarterly OPEB Report – Attachment 10 3. Draft FY17 Capital Request List – Attachment 11 4. Compensation Study Timeline

I. Information Items J. Miscellaneous Items

1. Communications and Petitions K. Old Business/New Business

Date of Next Meeting: Thursday, May 19, 2016, 5:00 p.m., MATC Board Room, M210 Committee Members: Ali, Dull, and Maizonet * Other members of the MATC Board may be present, although they will not be

participating as members of this committee. This meeting may be conducted in part by telephone. Telephone speakers will be available to allow the public to hear those parts of the proceedings that are open to the public.

** Action may be taken on any agenda item, whether designated as an action item or not. Agenda items may be moved into Closed Session for discussion when it becomes apparent that a Closed Session is appropriate under Section 19.85 of the Wisconsin Statutes. The board may return into Open Session to take action on any item discussed in Closed Session.

Reasonable accommodations are available through the ADA Office for individuals who need assistance. Please

call 414-297-6610 to schedule services at least 48 hours prior to the meeting.

Attachment FPO - 1

MILWAUKEE AREA TECHNICAL COLLEGE DISTRICT BOARD FINANCE, PERSONNEL AND OPERATIONS March 17, 2016 CALL TO ORDER

The regular monthly meeting of the Finance, Personnel, and Operations

Committee of the Milwaukee Area Technical College District Board was held in open session on Thursday, March 17, 2016, and called to order by Director David Dull, at 5:00 p.m. in the Board Room, Room M210, at the Downtown Milwaukee Campus of Milwaukee Area Technical College.

ITEM A. ROLL CALL

Present: Abdulhamid Ali, and David Dull

Excused: Graciela Maizonet

ITEM B. COMPLIANCE WITH THE OPEN MEETINGS LAW

Heather Crawford indicated that proper notice of the meeting had been given in compliance with the Wisconsin Open Meetings Law.

ITEM C. APPROVAL OF MINUTES, February 18, 2016 – Attachment 1

Motion: It was moved by Mr. Ali, seconded by Mr. Dull, to approve the February 18, 2016 meeting minutes.

Action: Motion approved.

ITEM D. COMMENTS FROM THE PUBLIC None.

ITEM E. APPROVAL OF CONSENT AGENDA ITEMS E-1 Board Bills List – Attachment 2 In Order by Check Number In Order by Payee Checks Exceeding $2,500 Channels 10/36 Voided Checks

E-2 Financial Report – Attachment 3

Finance, Personnel, and Operations Minutes of March 17, 2016 Page 2

E-3 Human Resources Report – Attachment 4

E-4 Procurement Report – Attachment 5

Motion:

It was moved by Mr. Ali, seconded by Mr. Dull, to approve the consent agenda.

Action :

Motion approved.

ITEM F. ACTION ITEMS

F-1 Resolution (F0023-03-16) Authorizing the Sale of $1,500,000 General Obligation Promissory Notes, Series 2015-2016J of Milwaukee Area Technical College District, Wisconsin – Attachment – 7

Motion: It was moved by Mr. Dull, seconded by Mr. Ali, to approve Resolution (F0023-03-16) Authorizing the Sale of $1,500,000 General Obligation Promissory Notes, Series 2015-2016J of Milwaukee Area Technical College District, Wisconsin.


F-2 Resolution (F002-03-16) Authorizing the Issuance of $1,500,000 General Obligation Promissory Notes, Series 2015-2016K of Milwaukee Area Technical College District, Wisconsin – Attachment – 8

Motion: It was moved by Mr. Dull, seconded by Mr. Ali, to approve Resolution (F0024-03-16) Authorizing the Issuance of $1,500,000 General Obligation Promissory Notes, Series 2015-2016K of Milwaukee Area Technical College District, Wisconsin


ITEM G. DISCUSSION ITEMS

G-1 Risk Management and Public Safety Update

Aisha Barkow, director, public safety, Elizabeth Drew, assistant general counsel, James Weishan, senior director, facilities operations and construction, and Melissa Wiza, director, benefits and compensation presented the annual risk management and public safety report. It included an overview of college-wide current and future environmental, health and safety projects and initiatives, public safety programs and trainings, the college’s current risk management insurance coverages, and worker’s compensation data and statistics.

G-2 Budget Development Calendar

Jeff Hollow, interim vice president, finance provided an overview of the FY17 Budget Development Calendar and noted important budget planning dates and

Finance, Personnel, and Operations Minutes of March 17, 2016 Page 3

deadlines for the FY17 budget planning

G-3 Year- End Projection of General Fund as of June 30, 2016 and General Fund Preliminary Projection

Mr. Hollow provided a high level overview of the college’s current standing and FY17 preliminary projections.

G-4 Preliminary FY17 Fund 1 Budget

Mr. Hollow gave an update of the preliminary FY17 base budget projections, not including the MATC Promise figures.

G-5 Proposed Capital Equipment Budget for FY17

Mr. Hollow presented the proposed FY17 capital equipment budget.

ITEM H. INFORMATION ITEMS

None

ITEM I. MISCELLANEOUS ITEMS

I-1 Communications and Petitions None. 1-2 Information Items None.

ITEM J. OLD BUSINESS/NEW BUSINESS Date of Next Meeting: Thursday, April 21, 2016, 5:00 P.M., M210

ADJOURNMENT

The meeting adjourned at 5:52 p.m.

Respectfully submitted,

Heather J. Perkins Administrative Specialist to the Vice President, Finance

Attachment FPO - 2

BOARD BILLS LIST

The following bills are to be presented for approval at the meeting of the Milwaukee Area

Technical College District Board, State of Wisconsin, to be held on 04-26-16.

Check No. Company For Amount

BILLS PAYABLE RECAPITULATION

Month of March 2016

Payments for encumbrances and monthly expenditures were made for the following funds:

General Fund 5,321,274.320

Special Revenue Fund-Operational 54,568.240

Special Revenue Fund-Non Aidable 705,859.250

Enterprise Fund 309,313.610

Capital Projects Fund 2,048,105.960

Debt Service Fund 111,451.740

Internal Service Fund 3,996,538.010

Public Television Fund 336,113.210

Total Expenditures 12,883,224$

Secretary Chair

Page 1

The following bills are to be presented for approval at the meeting of the Milwaukee Area

Technical College District Board, State of Wisconsin, to be held on 04-26-16.

Humana Health and Dental Insurance Premiums 9,181.73$

UMR Health Insurance Claims 2,758,642.65$

Bank Service Charges 300.58$

Merchant Service Credit Card Fees 13,493.88$

Wisconsin Retirement System 1,182,799.13$

We-energies 314,239.04$

Federal Payroll Tax 2,615,741.40$

State Payroll Tax 471,379.36$

State, County, and Stadium Sales Tax 48,723.44$

Mar-16

General Obligation Debt Series Interest Principal

None

BOARD BILLS LIST

Bank Transfer Payments

March 2016

Debt Service Fund Wire Payments

Page 2

Mar-16

1 General Fund 939,073.61$ Add to Sheet 1 - Cell E15

2 Special Revenue Fund - Operational 50,898.10$ Add to Sheet 1 - Cell E18

3 Capital Projects 2,047,855.96$ Add to Sheet 1 - Cell E19

4 Debt Service 111,451.74$ Add to Sheet 1 - Cell E20

5 Enterprise 287,387.55$ Add to Sheet 1 - Cell E18

5 TV Fund 336,113.21$ Add to Sheet 1 - Cell E22

6 Internal Service Fund 923,656.32$ Add to Sheet 1 - Cell E21

7 Special Revenue Fund - NonAid 663,307.42$ Add to Sheet 1 - Cell E17

5,359,743.91$

1-60-93101-5434-00000 5083.07 Add to Sheet 1 - Cell E15

1-60-00001-1305-00000 7605.26 Add to Sheet 1 - Cell E18 13493.88

1-60-00001-1307-00000 805.55 Add to Sheet 1 - Cell E17

(2) 1-60-93101-5434-00000 Add to Sheet 1 - Cell E15

(2) 1-60-00001-1305-00000 Add to Sheet 1 - Cell E18

Total Fund 1 - linked 48,992.00$ Add to Sheet 1 - Cell E15 Note: fund 1 includes download + accrual (0001-2239)

Total Fund 2 - linked 3,670.14$

Total Fund 3 - linked 250.00$

Total Fund 5 - linked 14,320.80$ Add to Sheet 1 - Cell E18

Total Fund 7 - linked 41,746.28$ Add to Sheet 1 - Cell E17

108,979.22$

Linked to PVS Net Calculation Worksheet

Board Bill List

Allocation of Cash By Fund

Credit Card Discount Fees

Internal Transfers - Get Info from Sue Jarvis

MILWAUKEE AREA TECHNICAL COLLEGE

DEPOSITS AND INVESTMENTS

FOR THE MONTH OF MARCH 2016

ALLOCATION RATE OF

AMOUNT % RETURN

BMO HARRIS BANK 945,822.30 0.77% 0.01%

.

J P MORGAN CHASE BANK ACCOUNTS 122,286,043 99.22% 0.35%

.

WISCONSIN LOCAL GOVERNMENT INVESTMENT POOL 18,930 0.02% 0.33%

123,250,796 100%

crawforh

Text Box

Attachment FPO- 3

Mill

ion

s CASHFLOW -- ALL FUNDS

Fiscal Year 2016

FY14-15 ACTUAL FY15-16 PROJECTED FY15-16 ACTUAL

SHEET-ALL

FY14-15 FY15-16 FY15-16

ACTUAL PROJECTED ACTUAL

JULY 58.69 58.60 59.71

AUGUST 68.07 62.00 63.62

SEPTEMBER 69.59 69.12 70.42

OCTOBER 65.43 55.64 56.38

NOVEMBER 51.45 53.75 55.06

DECEMBER 35.68 35.10 37.54

JANUARY 69.26 74.00 75.13

FEBRUARY 131.88 133.00 135.10

MARCH 118.89 121.00 123.25

APRIL 112.50

MAY 108.63

JUNE 71.48

Page 3

0

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40

50

60

70

80

90

Millio

ns

CASHFLOW -- OPERATING FUNDS Fiscal Year 2016


SHEET-OP FUNDS

FY14-15 FY15-16 FY15-16


JULY 16.86 25.60 26.31

AUGUST 24.80 23.00 23.46

SEPTEMBER 11.45 14.92 15.25

OCTOBER 12.11 5.94 7.80

NOVEMBER 4.45 6.00 7.79

DECEMBER 4.65 3.16 4.60

JANUARY 13.72 17.00 17.22

FEBRUARY 76.55 69.00 69.73

MARCH 55.77 59.00 59.82

APRIL 51.58 51.17

MAY 46.68 46.17

JUNE 36.56 26.83

Page 5

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40.00

45.00

Millio

ns

CASHFLOW -- CAPITAL PROJECTS FUND

Fiscal Year 2016


SHEET-CAP FUNDS

FY14-15 FY15-16 FY15-16


JULY 27.29 25.00 25.12

AUGUST 24.04 22.00 22.65

SEPTEMBER 38.61 37.00 37.39

OCTOBER 33.33 32.00 30.52

NOVEMBER 34.52 29.00 28.90

DECEMBER 27.04 26.04 26.76

JANUARY 28.51 29.00 29.33

FEBRUARY 27.95 29.00 29.57

MARCH 26.60 26.00 26.87

APRIL 24.91 27.60

MAY 25.16 23.50

JUNE 26.67 25.67

Page 7

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Axis

Title

CASHFLOW -- DEBT SERVICE FUND

Fiscal Year 2016

FY14-15 ACTUAL

FY15-16 PROJECTED

FY15-16 ACTUAL

SHEET-DEBT SERV

FY14-15 FY15-16 FY15-16


JULY 14.54 8.00 8.27

AUGUST 19.23 17.00 17.51

SEPTEMBER 19.52 17.20 17.78

OCTOBER 19.99 17.70 18.06

NOVEMBER 12.49 18.75 18.37

DECEMBER 4.00 5.90 6.18

JANUARY 27.03 28.00 28.59

FEBRUARY 27.38 35.00 35.80

MARCH 36.52 36.00 36.57

APRIL 36.01 35.00

MAY 36.79 36.00

JUNE 8.25 4.70

Page 9

Attachment FPO - 4

matc

HUMAN RESOURCES REPORT

April 2016

Forty-eight transactions are included in the report for April.

Appointments

Thirteen appointments occurred during the reporting period, six of which are faculty appointments and seven of which are staff appointments. The faculty appointments are one part-time regular and five full-time regular positions. Included in the staff appointments are seven part-time regular positions. Seven females and six males comprise the appointments. Represented in that total are one black male, two black females, one Hispanic female and two Asian males. Fiscal year-to-date, total appointments are one hundred ninety-three. Included in that total are seventy-four males (38.3%) and one hundred nineteen females (61.7%). Minority hires total sixty-five (33.7%), including forty-two black (21.8%).

White

Black

Hispanic

Asian

Native American

Total

Male Female Male Female Male Female Male Female Male Female Male Female

This Month 3 4 1 2 0 1 2 0 0 0 6 7

Year-to-date 52 71 10 32 4 6 5 5 1 2 74 119

YTD Percent 63.7% 21.8% 5.2% 5.2% 1.6% 38.3% 61.7%

2 or More Races

Other

Male Female Male Female

0 0 0 0

1 3 1 0

2.1% 0.5%

Changes in Status

The eight changes in status during this reporting period represent two promotions, four leave of absences, one extension of assignment and one limited term to permanent position. Eight females comprise the changes in status. Included in that total are four black females.

Separations

The twenty-seven separations represent seven retirements, eight resignations, eleven terminations and one end of assignment. Twenty females and seven males comprise the separations. Included in that total are seven black females, two black males, one Hispanic female and one American Indian or Alaska Native female.

TRANSACTION SUMMARY REPORT

FOR

April 2016

DIVISION OR SCHOOL APPOINTMENTS

CHANGES IN

STATUS SEPARATIONS

**AA

TOTAL

BUSINESS 2(2) 0 2(1) 4(3)

HEALTH SCIENCES 0 0 2(1) 2(1)

LIBERAL ARTS & SCIENCES 0 0 1 1

MEDIA & CREATIVE ARTS 0 1 0 1

PRE-COLLEGE 0 1(1) 3(1) 4(2)

TECHNOLGY & APPLIED

SCIENCES

1 1 1 3

ACADEMIC SERVICES 0 0 0 0

DISTRICT ADMINISTRATION 0 1(1) 0 1(1)

EMPLOYEE AND LEGAL

SERVICES

2(2) 0 2(2) 4(4)

FINANCE 2 1(1) 1 4(1)

INFORMATION TECHNOLOGY 0 0 0 0

PUBLIC TELEVISION 1 0 0 1

STUDENT SERVICES 1(1) 2(1) 15(6) 18(8)

WORKFORCE & ECONOMIC

DEVELOPMENT

4(1) 1 0 5(1)

TOTALS BY CATEGORY

13(6) 8(4) 27(11) 48(21)

TOTAL TRANSACTIONS FOR THE MONTH

48(21)

**Affirmative Action totals in parentheses.

Non-represented Salary Schedule

Effective July 1, 2015

Exempt

Salary

Grade Title Minimum Mid-Point Maximum

917 Vice President $ 133,432 $ 172,057 $ 210,682

916 Associate Vice President, Dean $ 92,830 $ 125,535 $ 158,239

915 Associate Dean, Director $ 82,232 $ 111,508 $ 140,780

914 Assistant Dean, Manager $ 66,069 $ 89,591 $ 113,112

913 Coordinator $ 58,109 $ 78,795 $ 99,480

912 Senior Specialist, Supervisor $ 48,002 $ 65,092 $ 82,178

911 Specialist $ 42,950 $ 58,238 $ 73,526

Non-Exempt

Salary

Grade Title Minimum Mid-Point Maximum

904 Senior Technician $ 45,637 $ 61,886 $ 78,132

903 Administrative Specialist $ 39,685 $ 53,811 $ 67,935

902 Assistant $ 34,507 $ 46,792 $ 59,076

901 Aide $ 24,989 $ 33,884 $ 42,780

Human Resources Report

April 2016

Appointments

Division or School Employee Name Employee Status Job Title

Type of

Transaction Start Date End Date Salary Education

Business Adams, Chandra Part-Time Regular Instructor, Aesthetician New 03/18/16 $27.04/hour B.A. - Siena Heights University

Montes, Natalie Part-Time Regular Instructor, Cosmetology New 03/14/16 $27.04/hour HSD

Health Sciences None

Liberal Arts & Sciences None

Media & Creative Arts None

Pre-College None

Technology & Applied Cech, Christin Part-Time Regular Instructor, Power Plant Engineering New 03/23/16 $27.04/hour A.A. - MATC

Sciences

Academic Services None

District Administration None

Employee & Legal Services Sherrod, Kim Full-Time Regular Coordinator, Employee Relations Replacement 04/11/16 $60,000/annual M.A. - Marquette University

Vang, Porchoua Part-Time Regular Public Safety Specialist Replacement 04/04/16 $23.63/hour B.A. - UWM

Finance Henriksen, Jon Full-Time Regular Building Services Technician Replacement 04/04/16 $20.44/hour HSD

Poull, Eric Full-Time Regular Steamfitter Replacement 04/04/16 $42.36/hour HSD

Information Technology None

Public Television Ewig, Brian Full-Time Regular TV Production Specialist I Replacement 04/18/16 $23.33/hour A.A. - MATC

Student Services Jordan, Lawrence Full-Time Regular Customer Service Representative Replacement 03/29/16 $22.20/hour A.A. - MATC

Workforce & Economic Kretchmar, Sarah Part-Time Regular Instructor, Motorcycle Safety New 04/21/16 $27.04/hour A.A. - MATC

Development Neil, Ludger Part-Time Regular Instructor, Motorcycle Safety Replacement 04/21/16 $27.04/hour A.A. - MATC

Roth, Julie Part-Time Regular Instructor, Motorcycle Safety Replacement 04/21/16 $27.04/hour A.A. - Cardinal Stritch University

Wilinski, Deanna Part-Time Regular Customer Service Representative New 04/18/16 $22.20/hour B.A. - UW-Milwaukee


April 2016

Changes In Status

Division or School Employee Name Personnel Action Job Title

Type of

Transaction Start Date End Date Salary

Business None

Health Sciences None

Liberal Arts & Sciences None

Media & Creative Arts Klecker, Deborah Leave of Absence Instructor, Music LOA 03/24/16 05/16/16 $52.34/hour

Pre-College Brown, Valencia Promotion Associate Dean Replacement 04/05/16 $88,000/annual

Technology & Applied Sciences Pinkowsky, Barbara Leave of Absence Word Processing Technician LOA 03/28/16 05/31/16 $26.66/hour


District Administration Mays, Oletha Extension of Assignment Office Specialist Temporary 03/28/16 04/29/16 $21.40/hour

Employee & Legal Services None

Finance Parson, Priscilla LTE to Permanent Position Child Development Specialist Replacement 03/21/16 $20.42/hour


Public Television None

Student Services Dale, Catherine Promotion Word Processing Specialist Replacement 03/21/16 $28.01/hour

Hamilton, Martha Leave of Absence Customer Service Representative LOA 03/29/16 07/15/16 $27.59/hour

Workforce & Economic Development Howard, Lauri Leave of Absence Assistant Dean LOA 03/02/16 06/01/16 $76,736.40/annual


April 2016

Separations

Division or School Employee Name Ending Reason Job Title

Effective

Date

Business Goodhue, Christie Retirement Educational Assistant 04/21/16

Sprigs, Margaret Resignation Culinary Assistant 03/11/16

Health Sciences Certain, Brittany Resignation Instructor, Radiologic Technology 04/04/16

Kruger, Scott Resignation Instructor, Respiratory Therapist 03/30/16

Liberal Arts & Sciences Kleyman, Irina Retirement Instructor, Mathematics 5/21/2016

Media & Creative Arts None

Pre-College McKinney, Mary Retirement Assistant Dean 06/30/16

Nolan, Norrine Resignation Instructor, Science 05/14/16

Steigerwald, Diane Retirement Instructor, English 05/18/16

Technology & Applied Sciences Lenda, Savan Retirement Educational Assistant 04/30/16


District Administration None

Employee & Legal Services Pancorbo, Liz Retirement Manager, Certification 07/01/16

Smith, Emmitt Resignation Public Safety Specialist 04/13/16

Finance Henriksen, Jon Resignation Building Services Technician 04/07/16


Public Television None

Student Services Delgado, Vera Resignation Accounting Specialist 07/13/16

Garrett, Jermia Termination Word Processing Associate 03/16/16

Gills, Cyla Termination Tutor 03/18/16

Jude-Boyd, Shirron End of Assignment Student Services Specialist 03/31/16

Jensen, Karen Termination Tutor 03/18/16

Klug-Konkel, Noel Resignation Customer Service Representative 03/23/16

Kroll, Samantha Termination Tutor 03/18/16

Lechmaier, Catherine Retirement Coordinator, Student Life 05/27/16

Mickelsen, Jacquelyn Termination Tutor 03/18/16

Miles, Kathy Termination Student Services Specialist 03/11/16

Rawson, Stephanie Termination Office Specialist 03/23/16

Schulz, Daniel Termination Tutor 03/18/16

Stone, Willie Termination Tutor 03/18/16

Wanyoike, Julia Termination Tutor 03/18/16

Weinfurter, Justin Termination Tutor 03/18/16

Workforce & Economic Development None

1

Attachment FPO – 5

PROCUREMENT REPORT

APRIL 2016

The Procurement report consists of:

Part I External Contracts

Part II Procurements

Part III Contracts for Services

Part IV Construction Contracts

Part V Lease Agreements Each month the board approves contracts, procurements and services related to the operation of the College. The current items for board approval are: I. External Contracts

None

II. Procurements

1. Self-Funded Dental Plan Delta Dental Stevens Point, WI $5,840,090 ($1,168,018 annually)

2. MPTV Remote Production Truck Sony Electronics Inc. Park Ridge, NJ $580,228.47

3. Food Service Software Aurora Information Systems Cherry Hill, NJ $147,143.00 + traveling expenses

4. Stop Loss Insurance Voya Minneapolis, MN $4,892,823.00 ($1,630,941.annually)

III. Contracts for Services

None

2

IV. Construction Contracts

1. RENOVATION AND REMODELING District Compliance-WTCS Facilities Accessibility Report Project # 2016659- MATC Bid Reference # 2016-007 Absolute Construction Enterprises, Inc. Racine, WI $161,000.00

V. Lease Agreements

None

3

Part II: PROCUREMENTS Item 1: Self-Funded Dental Plan Background MATC is requesting to move the self-funded dental plan (currently Humana Dental) to Delta Dental of WI. There will be no plan design changes with this change. Delta Dental is the largest dental carrier in the US. MATC would save approximately $100,000 during FY 16-17 due to the competitive administration fees with Delta; as well as the expected increase in claims cost with the current Humana plan. Delta also has a large provider network with 91% of dentists in their Premiere network. This purchase will be made under the guidelines of MATC RFP 16-28 which meets all state of Wisconsin Procurement requirements. Multiple vendors were solicited, as well as being posted on DemandStar. Three (3) vendors responded: Delta Dental Humana UMR Positive action by the MATC Board will result in a purchase from Delta Dental of Stevens Point, WI for the annual cost of $1,168,018 (contract is for two (2) year with three (3) optional year extensions)

4

Part II: PROCUREMENTS Item 2: MPTV Remote Production Truck Background Milwaukee Public Television operates a High Definition Remote Production truck that was put into service in 2003. The existing Sony HDC-900 series production cameras, purchased in 2002, are now approaching “end of life” and require replacing. The current production configuration has six High Definition 1080i cameras. MPTV staff issued RFP 16-32 which proposed camera products and support hardware that are “industry standard” in the High Definition mobile production truck vehicles available for large market television rentals. As MATC’s mission is to provide student training opportunities, it is critical that the proposed camera products be of the latest design and functionality. Vendors were required to meet specifications for six cameras that can output resolutions from 720p to 1080p and provide the required equipment to interconnect them. The proposal required a system that retained our very expensive High Definition lenses and other peripheral equipment to reduce costs.

This purchase will be made under the guidelines of MATC RFP 16-32 which meets all state of Wisconsin Procurement requirements. Multiple vendors were solicited, as well as being posted on DemandStar. Two (2) vendors responded: Heartland Video Systems Sony Electronics LLC Positive action by the MATC Board will result in a purchase from Sony Electronics, LLC of Park Ridge, NJ for the cost of $580,228.47

5

Part II: PROCUREMENTS Item 3: Food Service Software Background The MATC Food and Beverage Department is requesting new software that will increase overall procurement efficiency and effectively share menu information to staff, faculty, students and visitors to MATC. The Aurora software will provide much needed enhancements to the food procurement process; added interfaces with the general ledger will increase accuracy (by reducing keystrokes and potential human error) and make for just in time accounting practices. Currently debits and credits are summarized monthly and then manually keyed into the general ledger for the 14 cost centers that are supplied by the Foodservice central warehouse. Additional features include:

The interface with MATC’s current point of sale system will allow daily transfer of items sold to be uploaded directly into the system, which will create a history for ordering purposes and eventually work to a more accurate inventory value.

A web based catering package that allows customers to order online. The customer will even receive notification of receipt of the order. The software can aggregate the food to be ordered by day and also complete a bill. All of these functions are currently manual which will streamline the process and increase efficiencies.

The college will be able to publish its menus to our web page for students, faculty, staff, and visitors to preview menu items. Hyperlinks to nutritional information and allergens will assist our consumers in making informed decisions regarding caloric intake and other dietary restrictions they may face.

This purchase will be made under the guidelines of MATC RFP 16-27 which meets all state of Wisconsin Procurement requirements. Multiple vendors were solicited, as well as being posted on DemandStar. Three (3) vendors responded: Aurora Information Systems Cbord Food Service Solutions Positive action by the MATC Board will result in a purchase from Aurora Information Systems of Cherry Hill, NJ for the cost of $147,143.00 (plus unknown travel)

6

Part II: PROCUREMENTS Item 4: Stop Loss Insurance Background This would fulfill MATC’s requirement on coverage for their self‐insured employee health benefit plan. The stop loss insurance protects the college from risk exposure on large claims. MATC will pay a fixed annual premium for this coverage. This purchase will be made under the guidelines of MATC RFP 16-20 which meets all state of Wisconsin Procurement requirements. Multiple vendors were solicited, as well as being posted on DemandStar. Four (4) vendors responded: AIG Benefit Solutions HM Insurance Group Swiss Re Voya Financial Positive action by the MATC Board will result in a purchase from Voya Financial of Minneapolis, MN for the annual cost of $1,630,941.00 (contract is for one (1) year with two (2) optional year extensions)

7

Part IV: CONSTRUCTION Item 1: RENOVATION AND REMODELING

District Compliance-WTCS Facilities Accessibility Report Project # 2016659- MATC Bid Reference # 2016-007

Background Information Previously, the Board approved lists of renovation and remodeling capital projects for various budget years. The projects and funding plans have also been approved as part of the respective fiscal year budget approvals. The project is for District Wide Accessibility Compliance in response to the WTCS State Audit. The contract recommended for approval below is for a single prime contract that pertains to the general construction for the previously mentioned areas. Bid documents for the aforementioned work were prepared in accordance with Board policies and State regulations, and advertisements were placed in the Daily Reporter, the Milwaukee Courier and the Spanish Journal. The bids were opened on April 1st, 2016 with the following results of the Base Bid:

REMODELING SPECIFIED AREAS & RELATED WORK (Comprehensive Single Prime)

Absolute Construction Enterprises, Inc. $ 161,000.00* Creative Constructors LLC $ 241,000.00

Proposals were evaluated, and the low qualified bid, as indicated by the asterisk, has met specifications. There were no challenges to the bid document or the manner in which the successful bidder was selected. Positive action by the Board on this item will authorize the issuance of a contract in the amount shown to the firm indicated by the asterisk.


$1,500,000.00 Milwaukee Area Technical College District, Wisconsin General Obligation Promissory Notes, Series 2015-16K

RESOLUTION AUTHORIZING THE SALE OF $1,500,000.00

GENERAL OBLIGATION PROMISSORY NOTES, SERIES 2015-16K WHEREAS, pursuant to Section 67.12(12) of the Wisconsin Statutes, as amended (the “Act”), the Milwaukee Area Technical College District, Wisconsin (the “District”), is authorized to issue notes of the District in the aggregate amount of $1,500,000.00 for the public purpose of financing building remodeling and improvement projects, consisting of projects included in the District's 2015-2016 building remodeling and improvement program (the public purpose projects described above are hereafter referred to as the “Public Purposes”); and WHEREAS, on March 22, 2016, the District authorized the issuance of $1,500,000.00 General Obligation Promissory Notes, Series 2015-16K (the “Notes”) for the Public Purposes; and WHEREAS, the District has prepared and distributed a Preliminary Official Statement, dated April ___, 2016 (the “Preliminary Official Statement”), describing the Notes and the security therefor; and WHEREAS, the District has examined proposed documentation for the Notes (collectively, the “Note Documents”), as follows: (a) an Official Notice of Sale issued by the District and a Parity Bid Form

(the “Note Purchase Agreement”) to be entered into between the District and the Underwriter, providing for the sale of the Notes; and

(b) the Preliminary Official Statement. WHEREAS, it is now expedient and necessary for the District to issue its general obligation promissory notes in the amount of $1,500,000.00 for the Public Purposes; NOW, THEREFORE, the District hereby resolves as follows: Section 1. Definitions. The following terms shall have the following meanings in this Resolution unless the text expressly or by implication requires otherwise: “Act” shall mean Section 67.12(12) of the Wisconsin Statutes; “Code” shall mean the Internal Revenue Code of 1986, as amended;

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“Continuing Disclosure Agreement” shall mean the Continuing Disclosure Agreement, executed and delivered by the Issuer, dated May 16, 2016 (the “Continuing Disclosure Agreement”), delivered by the District for the purpose of complying with the requirements of Rule 15c2-12 promulgated by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended; “Dated Date” shall mean May 16, 2016; “Debt Service Fund” shall mean the Debt Service Fund of the District, which shall be the “special redemption fund” as such term is defined in the Act; “District” shall mean the Milwaukee Area Technical College District, Wisconsin; “Fiscal Agent” shall mean the Treasurer of the District; “Governing Body” shall mean the Board of the District, or such other body as may hereafter be the chief legislative body of the District; “Initial Resolution” shall mean the “Resolution Authorizing the Issuance of $1,500,000.00 General Obligation Promissory Notes, Series 2015-16K of Milwaukee Area Technical College District, Wisconsin”, adopted by the Governing Body on March 22, 2016; “Note Registrar” means the Secretary of the District; “Notes” shall mean the $1,500,000.00 General Obligation Promissory Notes, Series 2015-16K, of the District; “Public Purposes” shall mean the public purpose of financing $1,500,000.00 of building remodeling and improvement projects, consisting of projects included in the District's 2015-2016 building remodeling and improvement program; “Purchase Price” shall mean $_____________ ($1,500,000.00 par amount of Notes, plus premium of $___________, less underwriter's discount of $______); “Record Date” shall mean the close of business on the fifteenth day of the calendar month next preceding any principal or interest payment date; “Securities Depository” means The Depository Trust Company, New York, New York, or its nominee; and “Underwriter” means ____________. Section 2. Authorization of the Notes. For the purpose of financing the Public Purposes, there shall be borrowed on the full faith and credit of the District the sum of

$1,500,000.00; and fully registered general obligation promissory notes of the District are authorized to be issued in evidence thereof. Section 3. Sale of the Notes. To evidence such indebtedness, (i) the Chairperson or the Vice Chairperson and (ii) the Secretary of the District are hereby authorized, empowered and directed to make, execute, issue and sell to the Underwriter for, on behalf of and in the name of the District, general obligation promissory notes in the aggregate principal amount of One Million Five Hundred Thousand Dollars ($1,500,000.00) for the Purchase Price, plus accrued interest to the date of delivery. Section 4. Terms of the Notes. The Notes shall be designated “General Obligation Promissory Notes, Series 2015-16K”; shall be dated the Dated Date; shall be numbered one and upward; shall bear interest as shown on the Maturity Schedule below; shall be issued in denominations of $5,000 or any integral multiple thereof; and shall mature on the dates and in the amounts as set forth below. Interest on the Notes shall accrue from the Interest Accrual Date and shall be payable semi-annually on June 1 and December 1 of each year, commencing on ________, 2016.

MATURITY SCHEDULE

Maturity Date

Principal Amount

Interest Rate

June 1, 2017 $350,000 June 1, 2018 $500,000 June 1, 2019 $500,000 June 1, 2020 $150,000

The Notes of this issue shall not be subject to call and payment prior to maturity.

Section 5. Form, Execution, Registration and Payment of the Notes. The Notes shall be issued as registered obligations in substantially the form attached hereto as Exhibit A and incorporated herein by this reference. The Notes shall be executed in the name of the District by the manual signatures of (i) the Chairperson or the Vice Chairperson and (ii) the Secretary, and may be sealed with its official or corporate seal, if any. The principal of, premium, if any, and interest on the Notes shall be paid by the Fiscal Agent. Both the principal of and interest on the Notes shall be payable in lawful money of the United States of America by the Fiscal Agent. Payment of principal of the final maturity on the Notes will be payable upon presentation and surrender of the Notes to the Fiscal Agent. Payment of principal on the Notes (except the final maturity) and each installment of interest shall be made to the registered owner of each Note who shall appear on the registration books of the District, maintained by the Note Registrar, on the

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Record Date and shall be paid by check or draft of the Fiscal Agent and mailed to such registered owner at the address appearing on such registration books or at such other address may be furnished in writing to such registered owner to the Note Registrar. Section 6. Note Proceeds. The sale proceeds of the Notes (exclusive of accrued interest, printing distribution and filing fees, and any premium received) shall, forthwith upon receipt, be placed in and kept by the District Treasurer as a separate fund to be known as the Promissory Notes, Series 2015-16K, Borrowed Money Fund (hereinafter referred to as the “Borrowed Money Fund”). Moneys in the Borrowed Money Fund shall be used solely for the purposes for which borrowed or for transfer to the Debt Service Fund as provided by law. Section 7. Tax Levy. In order to provide for the collection of a direct annual tax sufficient in amount to pay and for the express purpose of paying the interest on the Notes as it falls due and also to pay and discharge the principal thereof at maturity, there is hereby levied upon all of the taxable property in the District, in addition to all other taxes, a nonrepealable, direct, annual tax in an amount sufficient for that purpose. This tax shall be from year to year carried into the tax roll of the District and collected in addition to all other taxes and in the same manner and at the same time. Said tax is to be for the following years and in the following minimum amounts: Year of Levy Amount of Tax 2015 $________ 2016 $________ 2017 $________ 2018 $________ 2019 $________ The District shall be and continue without power to repeal such levy or obstruct the collection of said tax until all such payments have been made or provided for. After the issuance of the Notes, said tax shall be carried into the tax rolls of the District and collected as other taxes are collected, provided that the amount of tax carried into said tax rolls with respect to the Notes may be reduced by the amount of any surplus money in the Debt Service Fund created pursuant to Section 8 below. If there shall be insufficient funds from the tax levy to pay the principal of or interest on the Notes when due, the said principal or interest shall be paid from other funds of the District on hand, said amounts to be returned when said taxes have been collected. There be and there hereby is appropriated from taxes levied by the District in anticipation of the issuance of the Notes and other funds of the District on hand a sum sufficient to be deposited in the Debt Service Fund to meet payments with respect to debt service due for the year 2016. Section 8. Debt Service Fund. Within the debt service fund previously established within the treasury of the District, there be and there hereby is established a separate and

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distinct fund designated as the “Debt Service Fund for $1,500,000.00 General Obligation Promissory Notes, Series 2015-16K, dated May 16, 2016” (the “Debt Service Fund”), and such fund shall be maintained until the indebtedness evidenced by the Notes is fully paid or otherwise extinguished. The District Treasurer shall deposit in such Debt Service Fund (i) all accrued interest received by the District at the time of delivery of and payment for the Notes; (ii) the taxes herein levied for the specific purpose of meeting principal of and interest on the Notes when due; (iii) such other sums as may be necessary at any time to pay principal of and interest on the Notes when due; (iv) any premium which may be received by the District above the par value of the Notes and accrued interest thereon; (v) surplus moneys in the Borrowed Money Fund for the Notes; and (vi) such further deposits as may be required by Section 67.11 of the Wisconsin Statutes. No money shall be withdrawn from the Debt Service Fund and appropriated for any purpose other than the payment of principal of and interest on the Notes until all such principal and interest has been paid in full and canceled; provided (i) the funds to provide for each payment of principal of and interest on the Notes prior to the scheduled receipt of taxes from the next succeeding tax collection may be invested in direct obligations of the United States of America maturing in time to make such payments when they are due or in other investments permitted by law; and (ii) any funds over and above the amount of such principal and interest payments on the Notes may be used to reduce the next succeeding tax levy, or may, at the option of the District, be invested by purchasing the Notes as permitted by and subject to Section 67.11(2)(a) of the Wisconsin Statutes in interest-bearing obligations of the United States of America, in other obligations of the District or in other investments permitted by law, which investments shall continue as a part of the Debt Service Fund. When all of the Notes have been paid in full and canceled, and all permitted investments disposed of, any money remaining in the Debt Service Fund shall be deposited in the general fund of the District, unless the District Board directs otherwise. Section 9. Deposits and Investments. The Debt Service Fund shall be kept apart from moneys in the other funds and accounts of the District and the same shall be used for no purpose other than the prompt payment of principal of and interest on the Notes as the same becomes due and payable. All moneys therein shall be deposited in special and segregated accounts in a public depository selected under Chapter 34 of the Wisconsin Statutes and may be temporarily invested until needed in legal investments subject to the provisions of Sections 66.0603(1m) and 67.10(3) of the Wisconsin Statutes. All income derived from such investments shall be regarded as revenues of the District. No such investment shall be in such a manner as would cause the Notes to be “arbitrage bonds” within the meaning of Section 148 of the Code or the Regulations of the Commissioner of Internal Revenue thereunder. The District Treasurer shall, on the basis of the facts, estimates and circumstances in existence on the date of closing, make such certifications as are necessary to permit the conclusion that the Notes are not “arbitrage bonds” under Section 148 of the Code or the Regulations of the Commissioner of Internal Revenue thereunder.

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Section 10. Sale of Notes. The terms, conditions and provisions of the Notes and the Note Documents are, in all respects, authorized and approved. The form of the Note Purchase Agreement is hereby approved. The Notes shall be sold and delivered in the manner, at the Purchase Price, plus interest accrued from the Interest Accrual Date to the closing date, pursuant to the terms and conditions set forth in the Note Purchase Agreement. The preparation of the Preliminary Official Statement and the Final Official Statement, and their use as contemplated in the Note Purchase Agreement, are hereby approved. The Preliminary Official Statement is “deemed final” as of its date, except for omissions or subsequent modifications permitted under Rule 15c2-12 of the Securities and Exchange Commission. The Chairperson, the Vice Chairperson and Secretary of the District are authorized and directed to do any and all acts necessary to conclude delivery of the Notes to the Underwriter, as soon after adoption of this Resolution as is convenient. Section 11. Book-Entry Only Notes. The Notes shall be transferable as follows: (a) Each maturity of Notes will be issued as a single Note in the name of the Securities Depository, or its nominee, which will act as depository for the Notes. During the term of the Notes, ownership and subsequent transfers of ownership will be reflected by book entry on the records of the Securities Depository and those financial institutions for whom the Securities Depository effects book entry transfers (collectively, the “Participants”). No person for whom a Participant has an interest in Notes (a “Beneficial Owner”) shall receive bond certificates representing their respective interest in the Notes except in the event that the Securities Depository or the District shall determine, at its option, to terminate the book-entry system described in this Section. Payment of principal of, and interest on, the Notes will be made by the Fiscal Agent to the Securities Depository which will in turn remit such payment of principal and interest to its Participants which will in turn remit such principal and interest to the Beneficial Owners of the Notes until and unless the Securities Depository or the District elect to terminate the book entry system, whereupon the District shall deliver bond certificates to the Beneficial Owners of the Notes or their nominees. Note certificates issued under this Section may not be transferred or exchanged except as provided in this Section. (b) Upon the reduction of the principal amount of any maturity of Notes, the Registered Noteowner may make a notation of such redemption on the panel of the Note, stating the amount so redeemed, or may return the Note to the District for exchange for a new Note in a proper principal amount. Such notation, if made by the Noteowner, may be made for reference only, and may not be relied upon by any other person as being in anyway determinative of the principal amount of such Note Outstanding, unless the Note Registrar initialed the notation on the panel. (c) Immediately upon delivery of the Notes to the purchasers thereof on the delivery date, such purchasers shall deposit the bond certificates representing all of the

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Notes with the Securities Depository. The Securities Depository, or its nominee, will be the sole Noteowner of the Notes, and no investor or other party purchasing, selling or otherwise transferring ownership of any Notes will receive, hold or deliver any bond certificates as long as the Securities Depository holds the Notes immobilized from circulation. (d) The Notes may not be transferred or exchanged except: (1) To any successor of the Securities Depository (or its nominee) or

any substitute depository (“Substitute Depository”) designated pursuant to (ii) below, provided that any successor of the Securities Depository or any Substitute Depository must be a qualified and registered “clearing agency” as provided in Section 17A of the Securities Exchange Act of 1934, as amended;

(2) To a Substitute Depository designated by or acceptable to the

District upon (a) the determination by the Securities Depository that the Notes shall no longer be eligible for depository services or (b) a determination by the District that the Securities Depository is no longer able to carry out its functions, provided that any such Substitute Depository must be qualified to act as such, as provided in subparagraph (1) above; or

(3) To those persons to whom transfer is requested in written transfer

instructions in the event that: (i) The Securities Depository shall resign or discontinue its

services for the Notes and, only if the District is unable to locate a qualified successor within two months following the resignation or determination of noneligibility, or

(ii) Upon a determination by the District that the continuation of

the book entry system described herein, which precludes the issuance of certificates to any Noteowner other than the Securities Depository (or its nominee) is no longer in the best interest of the Beneficial Owners of the Notes.

(e) The Depository Trust Company, New York, New York, is hereby appointed the Securities Depository for the Notes. Section 12. Undertaking to Provide Continuing Disclosure. The (i) Chairperson or the Vice Chairperson and (ii) Secretary of the District are hereby authorized and directed to execute on behalf of the District, the Continuing Disclosure Agreement in connection with the Notes for the purpose of complying with the requirements of Rule 15c2-12 promulgated by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended.

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Section 13. Compliance with Federal Tax Laws. (a) The District represents and covenants that the project financed by the Notes and their ownership, management and use will not cause the Notes to be “private activity bonds” within the meaning of Section 141 of the Code, and the District shall comply with the provisions of the Code to the extent necessary to maintain the tax-exempt status of the interest on the Notes. (b) The District also covenants to use its best efforts to meet the requirements and restrictions of any different or additional federal legislation which may be made applicable to the Notes, provided that in meeting such requirements the District will do so only to the extent consistent with the proceedings authorizing the Notes and the laws of Wisconsin, and to the extent there is a reasonable period of time in which to comply. Section 14. Rebate Fund. If necessary, the District shall establish and maintain, so long as the Notes are outstanding, a separate account to be known as the “Rebate Fund” for the purpose of complying with the rebate requirements of Section 148(f) of the Code. The Rebate Fund is for the sole purpose of paying rebate to the United States of America, if any, on amounts of bond proceeds held by the District. The District hereby covenants and agrees that it shall pay from the Rebate Fund the rebate amounts as determined herein to the United States of America. The District may engage the services of accountants, attorneys, or other consultants necessary to assist it in determining rebate amounts. Amounts held in the Rebate Fund and the investment income therefrom are not pledged as security for the Notes and may only be used to pay amounts to the United States. The District shall maintain or cause to be maintained records of such determinations until six (6) years after payment in full of the Notes and shall make such records available upon reasonable request therefor. Section 15. Defeasance. When all Notes have been discharged, all pledges, covenants and other rights granted to the owners thereof by this Resolution shall cease. The District may discharge all Notes due on any date by irrevocably depositing in escrow with a suitable bank or trust company a sum of cash and/or bonds or securities issued or guaranteed as to principal and interest of the U.S. Government, or of a commission, board or other instrumentality of the U.S. Government (“Government Obligations”), or of securities wholly and irrevocably secured as to principal and interest by Government Obligations and rated in the highest rating category of a nationally recognized rating service, maturing on the dates and bearing interest at the rates required to provide funds sufficient to pay when due the interest to accrue on each of said Note to its maturity or, at the District's option, if said Note is prepayable to any prior date upon which it may be called for redemption, and to pay and redeem the principal amount of each such Note at maturity, or at the District's option, if said Note is prepayable, at its earliest redemption date, with the premium required for such redemption, if any, provided that notice of the redemption of all prepayable Notes on such date has been duly given or provided for.

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Section 16. Resolution a Contract. The provisions of this Resolution shall constitute a contract between the District and the owner or owners of the Notes, and after issuance of any of the Notes no change or alteration of any kind in the provisions of this Resolution may be made, except as provided in Section 18, until all of the Notes have been paid in full as to both principal and interest. The owner or owners of any of the Notes shall have the right in addition to all other rights, by mandamus or other suit or action in any court of competent jurisdiction, to enforce such owner's or owners' rights against the District, the Governing Body thereof, and any and all officers and agents thereof including, but without limitation, the right to require the District, its Governing Body and any other authorized body, to fix and collect rates and charges fully adequate to carry out all of the provisions and agreements contained in this Resolution. Section 17. General Authorizations. The Chairperson, the Vice Chairperson and the Secretary of the District and the appropriate deputies and officials of the District in accordance with their assigned responsibilities are hereby each authorized to execute, deliver, publish, file and record such other documents, instruments, notices and records and to take such other actions as shall be necessary or desirable to accomplish the purposes of this Resolution and to comply with and perform the obligations of the District under the Notes. The execution or written approval of any document by the Chairperson, the Vice Chairperson or Secretary of the District herein authorized shall be conclusive evidence of the approval by the District of such document in accordance with the terms hereof. In the event that said officers shall be unable by reason of death, disability, absence or vacancy of office to perform in timely fashion any of the duties specified herein (such as the execution of Notes), such duties shall be performed by the officer or official succeeding to such duties in accordance with law and the rules of the District. Any actions taken by the Chairperson, the Vice Chairperson and Secretary consistent with this Resolution are hereby ratified and confirmed. Section 18. Amendment to Resolution. After the issuance of any of the Notes, no change or alteration of any kind in the provisions of this Resolution may be made until all of the Notes have been paid in full as to both principal and interest, or discharged as herein provided, except: (a) the District may, from to time, amend this Resolution without the consent of any of the owners of the Notes, but only to cure any ambiguity, administrative conflict, formal defect, or omission or procedural inconsistency of this Resolution; and (b) this Resolution may be amended, in any respect, with a written consent of the owners of not less than two-thirds (2/3) of the principal amount of the Notes then outstanding; provided, however, that no amendment shall permit any change in the pledge of tax revenues of the District or the maturity of any Note issued hereunder, or a reduction in the rate of interest on any Note, or in the amount of the principal obligation thereof, or in the amount of the redemption premium payable in the case of redemption thereof, or change the terms upon which the Notes may be redeemed or make any other modification in the terms of the payment of such principal or interest

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without the written consent of the owner of each such Note to which the change is applicable. Section 19. Illegal or Invalid Provisions. In case any one or more of the provisions of this Resolution or any of the Notes shall for any reason be held to be illegal or invalid, such illegality or invalidity shall not affect any other provision of this Resolution or of the Notes. Section 20. Conflicting Resolutions. All ordinances, resolutions, or orders, or parts thereof heretofore enacted, adopted or entered, in conflict with the provisions of this Resolution, are hereby repealed and this Resolution shall be in effect from and after its passage.

[SIGNATURE PAGE TO FOLLOW]

[Signature Page of Sale Resolution] $1,500,000.00 Milwaukee Area Technical College District, Wisconsin

General Obligation Promissory Notes, Series 2015-16K

Adopted: April 26, 2016. Kurt D. Wachholz Chairperson of the District Attest: José Pérez Secretary of the District Recorded on April 26, 2016. José Pérez Secretary of the District

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EXHIBIT A

UNITED STATES OF AMERICA STATE OF WISCONSIN

MILWAUKEE AREA TECHNICAL COLLEGE DISTRICT GENERAL OBLIGATION PROMISSORY NOTE, SERIES 2015-16K

Number Interest Rate

Maturity Date Dated Date Principal Amount

CUSIP

R-___

____% June 1, 20__ _______ $_____ 602368___

FOR VALUE RECEIVED, Milwaukee Area Technical College District, Wisconsin, promises to pay to CEDE & CO., or registered assigns, the principal sum of ___________________ ($_________) on the maturity date specified above, together with interest thereon from _____________ or the most recent payment date to which interest has been paid, unless the date of registration of this Note is after the 15th day of the calendar month immediately preceding an interest payment date, in which case interest will be paid from such interest payment date, at the rate per annum specified above, such interest being payable on June 1 and December 1 of each year, with the first interest on this issue being payable on ___________. The Notes of this issue shall not be subject to call and payment prior to maturity.

Both principal hereof and interest hereon are hereby made payable to the registered owner in lawful money of the United States of America, and for the prompt payment of this Note with interest thereon as aforesaid, and the levying and collection of taxes sufficient for that purpose, the full faith, credit and resources of the District are hereby irrevocably pledged. The principal of this Note shall be payable only upon presentation and surrender of this Note to the District Treasurer at the principal office of the District. Interest hereon shall be payable by check or draft dated as of the applicable interest payment date and mailed from the office of the District Treasurer to the person in whose name this Note is registered at the close of business on the fifteenth day of the calendar month next preceding each interest payment date. This Note is transferable only upon the books of the District kept for that purpose by the District Secretary at the principal office of the District, by the registered owner in person or his duly authorized attorney, upon surrender of this Note together with a written instrument of transfer (which may be endorsed hereon) satisfactory to the District Secretary duly executed by the registered owner or his duly authorized attorney. Thereupon a new Note or Notes of the same aggregate principal amount, series and

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maturity shall be issued to the transferee in exchange therefor. The District may deem and treat the person in whose name this Note is registered as the absolute owner hereof for the purpose of receiving payment of or on account of the principal or interest hereof and for all other purposes. The Notes are issuable solely as negotiable, fully registered Notes without coupons in authorized denominations of $5,000 or any whole multiple thereof. This Note is one of an issue aggregating $1,500,000.00 issued pursuant to the provisions of Section 67.12(12) of the Wisconsin Statutes, for the public purpose of financing $1,500,000.00 building remodeling and improvement projects, consisting of projects included in the District's 2015-2016 building remodeling and improvement program (the public purpose projects described above are hereafter referred to as the “Public Purposes”) and is authorized by a resolution of the District Board of the District, duly adopted by said District Board at its meeting duly convened on ______________, which resolution is recorded in the official book of its minutes for said date. It is hereby certified and recited that all conditions, things and acts required by law to exist or to be done prior to and in connection with the issuance of this Note have been done, have existed and have been performed in due form and time; that the aggregate indebtedness of the District, including this Note and others authorized simultaneously herewith, does not exceed any limitations imposed by law or the Constitution of the State of Wisconsin; and that the District has levied a direct, annual irrepealable tax sufficient to pay this Note, together with interest thereon when and as payable. No delay or omission on the part of the owner hereof to exercise any right hereunder shall impair such right or be considered as a waiver thereof or as a waiver of or acquiescence in any default hereunder.

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IN WITNESS WHEREOF, the District Board of Milwaukee Area Technical College District, Wisconsin, has caused this Note to be signed on behalf of said District by its duly qualified and acting Chairperson and Secretary, and its corporate seal to be impressed hereon, all as of the date of original issue specified above.

MILWAUKEE AREA TECHNICAL COLLEGE DISTRICT, WISCONSIN

By: _____________________ Chairperson of the District

Attest:

_____________________ Secretary of the District

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(Form of Assignment)

FOR VALUE RECEIVED the undersigned hereby sells, assigns and transfers unto

(Please print or typewrite name and address, including zip code, of Assignee)

(Please print or typewrite Social Security or other identifying number of Assignee)

the within Note and all rights thereunder, hereby irrevocably constituting and appointing

(Please print or type name of Attorney)

Attorney to transfer said Note on the books kept for the registration thereof with full power of substitution in the premises.

Dated:

NOTICE: The signature to this assignment must correspond with the name as it appears upon the face of the within Note in every particular without alteration or enlargement or any change whatever.

Signature(s) guaranteed by:


RESOLUTION AUTHORIZING THE ISSUANCE OF $1,500,000.00

GENERAL OBLIGATION PROMISSORY NOTES, SERIES 2015-16L OF MILWAUKEE AREA TECHNICAL COLLEGE DISTRICT, WISCONSIN

WHEREAS, Milwaukee Area Technical College District (the "District") is presently in need of $1,500,000.00 for the public purpose of financing building remodeling and improvement projects, consisting of projects included in the District's 2015-2016 building remodeling and improvement program; and WHEREAS, it is in the best interest of the District that the monies needed for such purpose be borrowed through the issuance of general obligation promissory notes pursuant to Section 67.12(12), Wis. Stats.; now therefore be it RESOLVED, that the District shall issue general obligation promissory notes in the amount of $1,500,000.00 for the public purpose of financing building remodeling and improvement projects, consisting of the projects included in the District's 2015-2016 building remodeling and improvement program; and be it FURTHER RESOLVED, that the District Secretary shall, within 10 (ten) days hereafter, cause public notice of the adoption of this resolution to be given to the electors of the District by publishing a notice thereof in the Milwaukee Journal Sentinel, a newspaper published and having general circulation in the District, which newspaper is found and determined to be likely to give notice to the electors, such notice to be in substantially the form set forth in Attachment A to this resolution. Adopted: April 26, 2016. Kurt D. Wachholz, Chairperson Attest: ________________________________ José Pérez, District Secretary Recorded on April 26, 2016. ________________________________ José Pérez, District Secretary

Attachment A NOTICE TO THE ELECTORS OF: Milwaukee Area Technical College District, Wisconsin NOTICE IS HEREBY GIVEN that the District Board of the above-named District, at a meeting duly called and held on April 26, 2016, adopted, pursuant to the provisions of Section 67.12(12) of the Wisconsin Statutes, a resolution entitled, "RESOLUTION AUTHORIZING THE ISSUANCE OF $1,500,000.00 GENERAL OBLIGATION PROMISSORY NOTES, SERIES 2015-16L, OF MILWAUKEE AREA TECHNICAL COLLEGE DISTRICT, WISCONSIN," which provides that the sum of $1,500,000.00 be borrowed through the issuance of the District's general obligation promissory notes for the public purpose of financing building remodeling and improvement projects, consisting of projects included in the District's 2015-2016 building remodeling and improvement program. A copy of said resolution is on file in the District Office, 700 West State Street, Milwaukee, Wisconsin, and is available for public inspection weekdays, except holidays, between the hours of 8:00 A.M. and 4:00 P.M. The District Board need not submit the resolution authorizing this borrowing to the electors for approval unless within 30 days after the publication of this Notice there is filed with the Secretary of the District Board a petition meeting the standards set forth in Sec. 67.12(12), Wis. Stats., requesting a referendum thereon at a special election. Dated: April 26, 2016. BY ORDER OF THE DISTRICT BOARD: José Pérez, District Secretary

Attachment FPO -

Actual PERCENT PROPOSED PERCENT

FA2016/

SP2016

CHANGE

FY17 CHANGE

College Parallel Tuition

Resident 173.75$ 2.0% 176.35$ 1.5%

Out-of-State 260.63$ 2.0% 264.53$ 1.5%

Postsecondary & Vocational Adult Tuition

Resident 128.40$ 2.0% 130.35$ 1.5%

Out-of-State 192.60$ 2.0% 195.53$ 1.5%

Avocational Tuition 291.00$ 0.0% 291.00$ 0.0%

Material Fee Base Rate 4.50$ 0.0% 4.50$ 0.0%

Academic Support Center

A per credit charge for students in Adult High 2.75$ 0.0% 2.75$ 0.0%

School or college level courses

Admissions Application 30.00$ 0.0% 30.00$ 0.0%

Paid one time by students who apply for admission to

a diploma or associate degree--uniform state rate

Advanced Placement

Processing Fee 25.00$

A per credit charge for students who request advanced 1/2 0.0% 1/4 -50.0%

standing through credit by examination or credit tuit tuit

by work/life experiences, and

National Standarized Exams Processing Fee 25.00$

Plus applicable exam cost access by administering agency. Varied

Academic Screening

Application for academic screening 10.00$ 0.0% 10.00$ 0.0%

Accuplacer Retesting Fee 15.00$ 0.0% 15.00$ 0.0%

Accuplacer Testing Fee for non-MATC WTCS students 25.00$ 0.0% 25.00$ 0.0%

External Student Test Proctoring 25.00$ 0.0% 25.00$ 0.0%

Pre-apprentice testing 20.00$ 0.0% 20.00$ 0.0%

Pre-apprentice testing retakes (per test) 5.00$ 0.0% 5.00$ 0.0%

GED/HSED Test (5 total)** NA NA

Civics Test (HSED) 10.00$ 0.0% 10.00$ 0.0%

Health Test (HSED) 10.00$ 0.0% 10.00$ 0.0%

Test Retakes (Writing)** NA NA

Test Retakes (Except Writing)** NA NA

Credential Fee (GED/HSED)** NA NA

Graduation

Graduation assessment per credit for College Parallel,

Associate Degree, Diploma or Adult HS.

0.55$ 10.0% 0.55$ 0.0%

Commencement fee for all Associate Degree, Diploma, or

Adult H.S. graduates.

15.00$ 0.0% 15.00$ 0.0%

Duplicate Diploma 30.00$ 0.0% 30.00$ 0.0%

Group Dynamics (.60 Credit) 170.00$ 0.0% 180.00$ 5.9%

Group Dynamics

For underage offenders (.35 Credit) 95.00$ 0.0% 100.00$ 5.3%

Motorcycle Rider Basic Rider Fees 586.03$ 0.0% 594.50$ 1.4%

Multiple Offenders (.95 Credit) 270.00$ 0.0% 285.00$ 5.6%

Online Course Fee

Per credit charge for students enrolled in an on-line course. 10.00$ 0.0% 10.00$ 0.0%

Out-of-State Education Fee 8.00$ 0.0% 8.00$ 0.0%

Per credit charge for non-residents enrolled in alternative

delivery courses.

Parking

Transportation Surcharge (U-PASS) per credit fee 4.50$ 0.0% 4.75$ 5.6%

Paid for academic year 35.00$ 0.0% 35.00$ 0.0%

Paid for Fall or Spring Term 25.00$ 0.0% 25.00$ 0.0%

Paid for Summer Term 15.00$ 0.0% 15.00$ 0.0%

Payment Plan (assessment)

Paid each semester by students who participate in an 30.00$ 0.0% 30.00$ 0.0%

installment plan for their tuition payments

Late Payment Charge 30.00$ 0.0% 30.00$ 0.0%

Returned Checks 40.00$ 0.0% 40.00$ 0.0%

Paid once each semester. Required for students with 1 credit or

more. Effective Fall 2013 (FA14) 7.00$ 0.0% 7.00$ 0.0%

Student Activity Fee 6.71$ 0.0% 7.00$ 4.3%

Limited to 6.0%/PS Tuition

Student ID

Paid once each semester. Required for students with 1 credit

or more. 7.00$ 0.0% 7.25$ 3.6%

Available for students taking 1 credit or less.

Traffic Safety & Defensive Driving (Course Fee) 32.56$ 0.0% 35.54$ 9.2%

Transcripts

Mailed 8.00$ 0.0% 8.00$ 0.0%

On-Demand 15.00$ 0.0% 15.00$ 0.0%

GED Transcript & Child Care (first transcript free) 8.00$ 0.0% 8.00$ 0.0%

Transcript File for Attorneys 30.00$ -80.0% 30.00$ 0.0%

Military Enrollment Request 155.00$ 0.0% 155.00$ 0.0%

International Correspondence Fee 80.00$ 0.0% 80.00$ 0.0%

College of the Air Access Fee 10.00$ 0.0% 10.00$ 0.0%

*Fee varies by course based on state-wide average of materials consumed in the delivery of instruction

**These fees are now paid directly to Pearson Vue.

ACADEMIC YEAR 2016-17

MATC STUDENT TUITION, FEES AND CHARGES

Student Accident Insurance

RileyC 4/14/2016 Page 1

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8


Resolution (F0028-04-16)

RESOLUTION TO REVISE FISCAL YEAR 2015–2016

RENOVATION / REMODELING (CAPITAL) PROJECTS

BACKGROUND Within the context of the Three-Year Plan, renovation and remodeling projects are identified and implemented on an annual basis in order to properly maintain District facilities and to reflect changing instructional and support service needs. To comply with State regulations governing construction and remodeling, it is necessary for the MATC Board to submit a list of applicable projects to the Wisconsin Technical College System Board for approval. The initial approvals for Fiscal Year 2015-2016 (FY 2016) projects were granted by the MATC District Board at the June, 2015 meeting. Continued refinement of the original FY16 project selections indicate that a change to the original project list should be requested at this time. In the previously approved resolution, Phase 6 - item #1 had a budget allocation of $1,500,000. Advanced planning and administrative dialogue indicates that the amount can be reduced or re-allocated and is now proposed to be distributed to 1 other project / category as shown on the attached revised list. The projects with reduced allocations are highlighted in light yellow. The new project receiving allocation is highlighted in light green. To accomplish the above, the list of projects is proposed to be modified as shown on the attached. Authorization is sought from the MATC Board at this time for the above modifications, as well as to permit the continued development and implementation of the modified projects. Approval is also sought to seek any WTCS Board approval necessary for the same modifications.

RESOLUTION BE IT RESOLVED, that the Milwaukee Area Technical College District Board revise the list of previously approved FY 2016 projects as shown in the attached lists, which retains a total estimated cost of $18.0 million for the respective budgets, with the understanding that the lists may be modified; and be it; RESOLVED further, that the Milwaukee Area Technical College District Board approve the aforementioned revision and authorize the Administration to continue development and implementation of the listed projects; and be it; RESOLVED further, that the Milwaukee Area Technical College District Board seek any WTCS Board approval necessary for this action and revised list of projects.

MILWAUKEE AREA TECHNICAL COLLEGE DISTRICT

Statement of Fiduciary Net Assets

Fiduciary Fund - MATC Post-Employment Benefits Trust

`

Assets

Current assets

Cash and cash equivalents

BMO Bank 4,505$

Seaway Bank & Trust Company 504,233

RW Baird Investments 22,275,844

22,784,582

Prepaid Expenses -

Interest Receivable -

Accounts Receivable -

Total current assets 22,784,582

Total Assets 22,784,582$

Net Assets

Current Liabilities

Accounts Payable -$

IBNR Payable 430,784

Held in trust for

Post employment benefits 22,353,798

Total Net Assets 22,784,582$

March 31, 2016

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Attachment FPO- 10

MILWAUKEE AREA TECHNICAL COLLEGE DISTRICT

Statement of Changes in Fiduciary Net Assets

Fiduciary Fund - MATC Post-Employment Benefits Trust

Additions

Contributions

MATC 5,706,669$

Retiree Contributions 1,951,768

Total Contributions 7,658,437

Realized Gain/(Loss) on Investments (841,441)

Unrealized Gain/(Loss) on Investments (769,502)

Interest Income 578,445

Total additions 6,625,939

Deductions

Adminstration 175,005

Benefit payments 7,627,308

Total deductions 7,802,313

Change in net assets (1,176,374)

Net assets Held in Trust for Post Employment Benefits- Beginning of the year 23,530,172

Net assets Held in Trust for Post Employment Benefits- End of the year 22,353,798$

For the Nine Months Ended March 31, 2016

Phase 1: $1,500,000

1. Human Sciences Lab -M435 - M439 1,500,000$

Phase Sub-Totals: 1,500,000$

Phase 2: $1,500,000

1. DMC Minor Projects & Scope Development Contingency (Part A) 300,000$

2. OCC Minor Projects & Scope Development Contingency (Part A) 225,000$

3. MQC Minor Projects & Scope Development Contingency (Part A) 125,000$

4. WAC Minor Projects & Scope Development Contingency (Part A) 100,000$

5. Blue Hole Minor Projects & Scope Development Contingency (Part A) 40,000$

6. Accessibility & Accommodation Improvements FY17 (Part A) 100,000$

7. DMC Future Project Selection & Current Proposed Project Refinement (Part A) 150,000$

8. OCC Future Project Selection & Current Proposed Project Refinement (Part A) 70,000$

9. MQC Future Project Selection & Current Proposed Project Refinement (Part A) 70,000$

10. WAC Future Project Selection & Current Proposed Project Refinement (Part A) 50,000$

11. Sustainability Projects FY-17 (Part A) 270,000$


Phase 3: $1,500,000

1. DMC Minor Projects & Scope Development Contingency (Part B) 300,000$

2. OCC Minor Projects & Scope Development Contingency (Part B) 225,000$

3. MQC Minor Projects & Scope Development Contingency (Part B) 125,000$

4. WAC Minor Projects & Scope Development Contingency (Part B) 100,000$

5. Blue Hole Minor Projects & Scope Development Contingency (Part B) 40,000$

6. Accessibility & Accommodation Improvements FY17 (Part B) 100,000$

7. DMC Future Project Selection & Current Proposed Project Refinement (Part B) 150,000$

8. OCC Future Project Selection & Current Proposed Project Refinement (Part B) 70,000$

9. MQC Future Project Selection & Current Proposed Project Refinement (Part B) 70,000$

10. WAC Future Project Selection & Current Proposed Project Refinement (Part B) 50,000$

11. Sustainability Projects FY-17 (Part B) 270,000$


Phase 4: $1,500,000

1.M544 Photolab conversion to printing 400,000$

2. Oak Creek Campus Pond Dredging - Storm Water Management 300,000$

3. OCC College Ave Marquee Sign Upgrades 50,000$

4. Heat Lab B103 at Oak Creek Campus 400,000$

5. OCC- Convert A242 into a Computer Lab 130,000$

6. DMC 8TH & State Drainage Infrastructure 220,000$


Phase 5: $1,500,000

1. Mequon Campus Restrooms - A104,A106,A284 & A286 500,000$

2. District Wide ADA Compliant Corridor doors & signs-FY17 (Per WTCS Audit) 500,000$

3. DMC Classroom Improvements, M502, M506,M512 & M589 250,000$

4. DMC Computer Labs - M308 & M370 250,000$


Phase 6: $1,500,000

1. District Wide HVAC Improvements FY17 500,000$

2. C-Building Classroom Relocation and Infrastructure (Required for future IT Expansion.) 500,000$

3. OCC Aviation Center Parking Lot 500,000$


Phase 7: $1,500,000

1. Oak Creek Campus Façade Improvements (FY17) 1,000,000$

2. DMC Main Building Interstitial Space (FY17) 250,000$

3. Oak Creek Campus Parking Lots B,D,E & M 250,000$


Phase 8: $1,500,000

1. District Wide Exterior Door Replacement (FY17) 500,000$

2. District Wide Fire Panel Upgrades -Life, Safety & Security 800,000$

3.Pre-College Science Lab Remodeling -M680 & M234 200,000$


April 26, 2016MATC FY 2017 Capital Project List (DRAFT)

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Attachment FPO- 11

Phase 9: $1,500,000

1. Life & Safety Issues (TBD) 200,000$

2. Electronics Consolidation -T340, T440 & T442 530,000$

3. OCC EVOC Track Hardscape Improvements 560,000$

4. Sustainability Projects FY-17 (Part C) 210,000$


Phase 10: $1,500,000

1. WAC Campus Acillary Services Reorganization (FY17) 900,000$

2. OCC Marketing Lab Renovation A110 80,000$

3. Robotics & Process Control Lab -T335 & T337 300,000$

4. WAC Micro Biology Lab Prep Area - 337 220,000$


Phase 11: $1,500,000

1. District Wide Classroom Improvements- FY17 (Various Locations) 1,500,000$


Phase 12: $1,500,000

1. T145 Expansion -Swiss Machine Lab & Classroom 1,200,000$

2. West Allis Campus W200 Computer Lab 100,000$

3 DMC C-Building Computer Labs/Classrooms C336 & C338 100,000$

4.DMC ITDEV Computer Lab - Web & Software Development Program 100,000$


PROGRAM TOTAL: 18,000,000$

MATC FY 2017 Capital Project List (DRAFT) April 26, 2016