District Action Will
Save Taxpayers $4 Million
The Dearborn Board of Education took action at their December meeting that will result in long-term savings for Dearborn taxpayers. The district refinanced a portion of the bonds that were part of a $150 million proposal approved by voters in March 2002. The refinance will save taxpayers approximately $4 million in interest expense over the next 16 years.
“The sale of the refunding bonds is not only good business, it is our responsibility as a school district to take action when it will result in savings to the taxpayers,” commented Director of Business Services, Bob Cipriano.
This is not the first time that the district has taken action to save taxpayer dollars. Several times, dating back to 1991, the district has refinanced debt to save residents millions of dollars in interest payments. In addition, projects funded by the sale of bonds have come in on or under budget and on or before schedule.
“The district is delighted to be able to take action that will save our residents $4 million. It’s vitally important that the Board and administration continue their practice of being good stewards of public funds,” commented Dr. John Artis, Superintendent.
In preparing to sell the 2007 Refunding Bonds, the school district, working with their financial advisor, Stauder, Barch and Associates, Inc., requested that Moody’s Investors Service and Standard and Poor’s Ratings Services evaluate the school district’s credit quality. The school district maintained their Moody’s and S&P ratings of ‘A2’ and ‘A+’, respectively. The School District financing was conducted by the Michigan investment banking office of the brokerage firm, A.G. Edwards & Sons, Inc.; the financial advising firm, Stauder, Barch & Associates, Inc.; and the law firm serving as bond counsel, Dickinson Wright PLLC.
“Brenda Voutyras, Vice President and Manager with A.G. Edwards, states: “The School District Bonds were well received by the bond market. We saw very high levels of demand. The bond sale was well timed to take advantage of current low interest rates.”
FOR IMMEDIATE RELEASE
FOR INFORMATION CONTACT:
DAVID GOOD, 313-278-5271 or firstname.lastname@example.org
Dearborn may be the hometown of Henry Ford, but an all-day rock ’n’ roll festival this month celebrates the city as the hometown of vintage bands like the Woolies, the Royaltones and Jamie Coe and the Gigolos.
The festival, called Dearborn Rocks, is scheduled for Saturday, Jan. 20, in the Dome Room of the Ford Community & Performing Arts Center, 15801 Michigan at Greenfield, Dearborn. The event will feature a concert by the keyboard duo Seeley & Baldori, followed by dancing to the music of the Jamie Coe Band.
Those performers, along with a roster of music experts, will highlight Dearborn’s homegrown links to the golden age of rock in the 1950s and ’60s.
“Dearborn Rocks marks the 40th anniversary of the high-water-mark of rock music in Dearborn,” said Nancy Siwik, who helped organize the event.
“That was in January 1967, when the Woolies had a No. 3 national hit covering Bo Diddley’s ‘Who Do you Love.’ We want to recognize the Woolies for their achievement and explore the other high points of rock music in Dearborn.”
Siwik is president of the Dearborn Historical Foundation., which is co-sponsoring the event with the Museum Guild of Dearborn as a benefit for the Dearborn Historical Museum. Proceeds from the sale of all-day tickets, priced at $25, will fund museum improvements.
Entertainment begins at 7 p.m. with a concert of rock, blues, boogie-woogie and jazz by Bob Seeley and Bob Baldori. Baldori co-founded the Woolies in the early 1960s with his brother Jeff and two Dearborn High School chums. Baldori since has played hundreds of dates with Chuck Berry and recorded two albums with the rock legend. Seeley is recognized as one of the country’s top boogie-woogie pianists.
Another cog in Dearborn’s rock history, Jamie Coe, will perform with his band at a Dome Room dance following Seeley & Baldori. Coe once fronted Jamie Coe and the Gigolos, who had a hit single here and in Great Britain with a ’60s cover version of Sanford Clark’s “The Fool.” The late Bobby Darin once managed Coe and produced several of his records.
Besides the evening’s entertainment, the event will offer an afternoon of interviews starting at 3 p.m. Subjects include Russ Gibb, onetime impresario at Detroit’s iconic Grande Ballroom; George Katsakis, saxophone player with the well-known ’50s band, the Royaltones; Dave Gorden, co-founder of the Legendary Greasytones, recognized as America’s first garage band; and Marilyn Bond, Coe’s first manager and author of “The Birth of the Detroit Sound:1940-1964.”
Following the interviews is a panel discussion moderated by Maury Dean, a former Dearbornite who teaches a college course in New York on rock music and is the author of “Rock ‘n’ Roll Gold Rush: A Singles Un-Cyclopedia” and “The Rock Revolution.”
Tickets will be on sale through the Ford Center box office (313-943-2354 or www.dearbornfordcenter.com) and at the Historical Museum’s McFadden-Ross House, 915 Brady, Dearborn. Call the museum office at 313-565-3000 for details.
When it became apparent that a change in leadership was needed at Fordson, we conducted an extensive search within as well as outside of our system. Mr Fadlallah finally agreed to take Fordson although he was very successful at Stout. From first hand experience I know he is a learner and his family are learners. He cares about education and wants the best for each child at Fordson . He refuses to suffer fools gladly and is a disciplinarian.
I think it is important for each of us to decide what would be a failure at Fordson. If it is a failure for a sub-group of special education children who are unable to make adequate yearly progress ? If so, then failures exist in Bloomfield and Troy. What is the incompetence that is or was occurring ?
One thing that Russ Gibb has always done is question and teach others to question. I would like your writer to please set forth his basis for claiming the educational opportunities at Fordson are sub-standard and that Fordson is failing, . Further I would like supporting evidence that the school board tolerates failure.
Please note that administrative changes have occurred frequently since I have been on the Board when it appears that our educational mission is being jeopardized.
President, Dearborn Board of Education
I am a Junior at Fordson. I have been at FHS sense 9th Grade. I came to Fordson from Woodworth. I linked to this blog from another web page talking about Mr. Fadlallah. I have an opinion I would like to say about Fordson students and the Principals and teachers.
I think there is way too much covering up for trouble makers. We all know there are some students who do whatever they want because they are related to, or parents are friends of one of the Principals or teachers. This is not made up, this happens. I saw an Iraqi kid and a Lebanese kid get into a fight and the Iraqi got OSS for 10 days and the Lebanese kid got only ISS for 1 day and he started it and beat the Iraqi down. The Lebanese kid was one of the principals buddies and always gets off.
The reason we cant get to class on time is because the Counselors at Fordson have our classes all screwed up. How can someone get from A hall to F hall in 5 minutes through tons of people. Back in the day, there used to be doors to go through at the end of B hall to get to G hall so students could get C hall and F hall and D hall and gym, but now the new building is there and we cant do it anymore because there it too many people going up and down the stairs to the new building. Why is it the teachers fault? Sometimes I run and get in trouble for running from the security guards, and than I am late to class. Rather than blame the teachers and students, why cant he talk to who is causing students to have to go through a million people in 5 minutes to get a mile away through a croud. The building has way too many students. Its like being at a pistons game when the game is over and people are trying to get out. You have to move with the slow mob of people to get anywhere and people are standing around goofing off holding up everyone.
Why do students from Detroit come to Fordson? I know many people who walk across Greenfield or go across Tireman to go home. I know a lot of students who live in Detroit who go to Fordson. A lot of the them are not good students and some are trouble makers. Why cant they go to school where they live? I also know that the Principals know who does it too and one of the kids was related to a Principal. Why does our school have to be over filled when it does not have to be?
Why do all the smart students have to leave Fordson and go to the Berry School? We have the same classes they do, but they leave Fordson for half the day to go to Berry. Why doesnt Berry take the screw ups too? Its not fair that our school is getting bad scores because Berry is getting all our smart kids. They tried to get me to go for drafting, but I didnt want to and my Counselor tried to tell me I had to. My mom had to stop her. Thats not fair. Than I got stuck in welding shop when I didnt even want it.
Why are all the good teachers leaving Fordson? The best teachrs from last year left and the year before went to Dearborn and Edsel. We lost our Football coach too and now no one knows who is going to coach the football team here. That sucks! Stergalas was the best and now hes gone.
I am not the best speller or athlete and I am not the best English student either. Im good at math and science and we need the best teachers here at Fordson just like they do at Dearborn and Edsel. 3 of my classes are tought by people who cant control the kids. They throw stuff and swair and spit seeds everywhere and I hate it in those classes. Why cant someone find out why everyone wants to go and how to fix it so good teachers come here. I dont know if its all Mr. Fadlallahs fault, but he is the one in charge. We deserve a good school with good teachers and good coaches and people who belong here, not people who dont. Trouble makers should get OSS like everyone else even if they are related to the Principal or a teacher.
Why cant anyone understand any of this stuff? I thought the school board was supposed to be doing things to make our school better. Its not better and its going to get a lot worse if everyone leaves and all that is left is people who dont know what they are doing.
--by Fordson tractor 08 on 1/6/07 Lives: Dearborn
It's nice to read the lively discussion currently going on regarding leadership in the DPS and the desire/need for change.
Open-minded people understand that change, fresh ideas, and continuous improvement are healthy and needed for success in any organization. A public school system is no exception.
These concepts must be not only supported but also promoted by the organization's leadership, and they will understand that sometimes changes in leadership are precisely what an organization needs to improve and best serve its customers (in this case the students and parents of the DPS).
With school board members, the voters get to decide when changes are needed. Remember that in the last election, Schoolmaster narrowly kept his seat by a vote of 11,423-11,254. His margin of victory was less than 0.5% of the total votes cast! If this isn't a strong sign of the desire for change in this district, I don't know what is. This election could have easily gone the other way.
Keep in mind that we have some other significant leadership decisions coming up in this district. The terms of school board members Joe Guido and Mary Lane are up in 2007. I don't know if one or both of them will run for re-election, but in any event voters will have an opportunity in November to put some new people with new ideas and better problem solving skills on the school board. Personally, I would like to see both of these incumbents go.
Additionally, the departure of Artis at the end of the 2007-2008 school year is really just around the corner when you stop and think about it (although it can't come soon enough for the numerous Artis critics in this district). Unfortunately, the voters don't get to choose the next superintendent - the school board does. I'm really interested in knowing when the search for the next DPS superintendent will begin, how the process will go, what the selection criteria will be, how involved the public will be, and whether the school board will get it right this time.
The students, parents and employees of the DPS deserve nothing less than a great leader who will do great things in this district. Finding such a leader will be no easy task. Great leaders have a rare combination of skills, including the ability to be tough when necessary but fair always, to listen with empathy as well as speak with conviction, to motivate and inspire at all levels of her/his organization, and to lead by example and be someone to whom the future leaders currently being educated in the DPS can look up and emulate. In my opinion Artis falls short on any number of these characteristics. Let's hope our school board can find us a great leader to replace him.
I'm looking forward to reading other people's comments on this subject.
A lot of people have asked my thoughts about the upcoming election for mayor. So here’s what I think, but remember, these are my opinions only.
Jack O’Reilly will be elected the next mayor of Dearborn, Michigan. He loves our city and he knows the territory well.
Maureen Keane-Doran is an excellent candidate and a true public servant, but she has been out of the media’s eye for too long a period. I hope she will run for council some day.
Abed Hammoud has filed his petition but at the last minute I don’t think he’ll run. But Abed is a very smart young man and knows the importance of keeping his name in the public’s eye.
Thomas Tafelski will run but in the process he will lose his council seat. And what will become of his political ambitions after that – I don’t know.
Now, for the rest of the good citizens who have pulled petitions and have filed petitions and are running I wished them good luck, but unfortunately most of them will fade away for another day.
Well, you asked for my opinion, here it is. Now let me know what you think.
I am a teacher in the district and I am not surprised by the estimated number of out-of-district students attending our schools. I recently sent a letter to a parent via U.S. Postal Service. The letter came back stamped forwarding service has expired. What this means is that the parent no longer resides at the school registered address. This is not the first time I have received this notice. I have suspected that this family resides out of district for a while. When reported to Student Services, they do nothing as usual. The district would rather have the money from the state than rid our district of many of the problem ridden out-of-district students. I really think that Detroit has reason to come after Dearborn for knowingly enrolling kids from their district.