News From Terre Haute, Indiana

News

December 7, 2013

Pepsi, oil and gas agreements on School Board agenda

VCSC to get $1,000 oil signing bonus

TERRE HAUTE — The Vigo County School Board will consider an agreement with Pepsi and an oil and gas license with Pioneer Oil when it meets at 6 p.m. Monday.

The board will meet in the administration building, 686 Wabash Ave.

The Pepsi agreement, a continuation of an existing one, provides Pepsi with a six-year exclusive agreement to provide its products, including juices and flavored water, in schools.

In return, Refreshment Services Pepsi will provide sponsorship fees of $100,000 to the school district annually for a total of $600,000. Superintendent Dan Tanoos said that money will go to the district general fund.

“With decreased funding from the state, we need to find money any way we can to ensure we stay solvent,” he said.

 In addition, RSP will provide $6,000 of donated products each year of the agreement, and schools will benefit from $25,709 in commissions each year, an estimated figure based on sales this past year.

The total value of the agreement to the school district is $790,254.

Jay Etling, VCSC business manager, said the company “has really done a great job working with us over the last several years.”

The company also has worked with the district to include healthy beverage choices, he said.

In other matters, the board will consider an oil and gas license with Pioneer Oil.

The company would not be drilling under VCSC property, but near it, said Steve Unger, an attorney with Bose, McKinney and Evans, who is working with the district on the license.

The company already has an agreement with ISU to put wellheads on ISU property. Pioneer will drill whether VCSC signs a license or not, Unger said.

By signing a license agreement, if the wells produce oil, VCSC will receive a share of the royalties, based on its acreage as part of the total property pool involved, he said.

“We have a small percentage,” Unger said.

The district also will receive a $1,000, one-time fee for signing.

Other downtown properties are signing similar agreements, Tanoos said.

In spotlights, Mike Klippel, VCSC risk manager, will share information about athletic safety at the three high schools.

Also, John Plasse, Terre Haute police chief, will present a check to the VCSC backpack program.

Under personnel, the board is being asked to approve Dallas Kelsey as an interim dean at Honey Creek Middle School, effective Dec. 4 through the balance of the 2013-14 school year. He had been principal at Hoosier Prairie Elementary.

The board also is being asked to approve Jennifer Russell as interim principal at Hoosier Prairie, effective Monday. She has been a dean at Terre Haute North Vigo High School.

Tanoos said Kelsey has asked to transfer. “He felt it was in his best interest for personal reasons,” he said.

Sue Loughlin can be reached at 812-231-4235 or sue.loughlin@tribstar.com.

1
Text Only | Photo Reprints
News
Latest News
TribStar.com Poll
AP Video
Raw: Space X Launches to Space Station Captain of Sunken SKorean Ferry Arrested Raw: Fire Destroys 3 N.J. Beachfront Homes Man Charged in Kansas City Highway Shootings Raw: Students Hurt in Colo. School Bus Crash Raw: Magnitude-7.2 Earthquake Shakes Mexico City Raw: Pope Presides Over Good Friday Mass Deadly Avalanche Sweeps Slopes of Mount Everest Raw: Massive 7.2 Earthquake Rocks Mexico Raw: Church Tries for Record With Chalk Jesus Drought Concerns May Hurt Lake Tourism Obama Awards Navy Football Trophy Superheroes Descend on Capitol Mall Vermont Goat Meat Gives Refugees Taste of Home Anti-semitic Leaflets Posted in Eastern Ukraine Police Arrest Suspect in Highway Shootings Small Reactors Could Be Future of Nuclear Energy Crew Criticized Over Handling of Ferry Disaster Mayor Rob Ford Launches Re-election Campaign Agreement Reached to Calm Ukraine Tensions
NDN Video
Jabari Parker's Top 5 Plays From Duke Career More Manpower Than Ever Expected At 4/20 Rally Raw: Fire Destroys 3 N.J. Beachfront Homes My name is Cocaine Raw: Space X Launches to Space Station Lohan Gets Candid About Her Sex List The 2014 New York Auto Show Meet Johnny Manziel's New Girlfriend Chelsea Clinton Announces Pregnancy Funny: Celebrating Easter with Martha Stewart and Friends Man Accuses 'X-Men' Director Bryan Singer of Sexually Abusing Him As a Teenager Man hit with $525 federal fine after he doesn't pay for soda refill Lea Michele & Naya Rivera Feuding? Jabari Parker declares for the NBA draft Singing Nun Belts Out Cyndi Lauper New West, Texas Explosion Video Swim Daily, Throwback Thursday Don't Be A Tattletale: Bad Bullying Tips For Students The trillest thoughts on marijuana "RHOA" Star Charged With Battery
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
  • -

     

    March 12, 2010

activity
Real Estate News