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Vol. 95 No, 5
Serving Aleppo, Bell Acres, Edgeworth, Glenfield, Haysville, Leet Leetsdale, Osborne, Sewickley, Sewickley Heights, Sewickley Hills
' Wednesday, February 4, 1998 \
St. James School celebrated Catholic Schools Week with activities, speakers and a special word for students. See Page 11.
; ::	INSIDE .
Sports
■HHMBHi
■ With the playoffs drawing near, area teams are trying to kick their game into high gear. Find out how they did.
Page 21
Atround Town
■ Through customer service and a loyal staff, Hair Symmetry has remained on the cutting edge for 15 years.
Page 20
Obituary
■HnMann
II Walter C. lacobucci has died at the age of 68. The Herald's 1984 Man of the Year is best remembered for his work at QV.
Page 25
INDEX - ;V
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Sports	....21
Obituaries ...	
OPEN SEASON
TERRI MODIC helps Kimberly Richter during a preschool open house held at Sewickley Public Library.	photo by Traci watt
Parents ponder preschools
By Tim Sthealey Staff writer
Through a two-way mirror, the parents keep coming to window-shop (or their children’s futures, observing children slightly older than babies grow and learn right before their eyes.
“Usually spaces fill up fast,” says Elizabeth Petruccelli, an administrator and teacher at Glen Montessori School in Glenfield, about the available openings in the School’s program for 3- to 6-year-olds,
“Every indication is that it’s going to be another good year.
“I don’t foresee any problem in meeting our full enrollment. We have a lot of parents calling to observe every day."
Once again, it’s enrollment season at the Montessori school — as it is at the other preschools throughout Sewickley Valley,
And as enrollments fill up and waiting lists get longer, local preschools are seeing parents making active and difficult decisions
about the preschools their children will attend.
“This is the big time of the year,” says Theresa Kaufman, the public relations representative for Laughlin Center.
One of Sewickley Valley’s only accredited preschools, Laughlin Center is celebrating its fifth year of service.
“People agonize, You have to choose what your child’s ready for," says Ms, Kaufman. “There’s so many options out there."
There are day care centers that care for children on a daily basis. There are nursery schools that are concerned primarily with play and socialization.
And then there are preschool programs that are adding education to their children’s experience more and more, with programs that run for varying lengths of time for both 3- and 4-year-olds,
“Ten years ago, most parents just wanted socialization,” says Mary Lou Csensich about
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Savings for QV?
District looks at refinancing
ly Sana $, Smlmi ________Slat! Writer___
If the market holds, Quaker Valley School District could receive a substantial savings if it offers 1995's bond issue for refunding.
Representatives from the investment banking firm of Shelby, Kern, Frederick & Shelby presented their case before the school board last week. A minimum net savings of $300,000 could be realized if the remainder of the $14.5 million bond, taken to finance district renovations, was placed on the market to take advantage of lower interest rates.
• Refunding of a bond is permitted one time by the federal government on an advanced basis.
As explained by Chris Shelby and Randy Frederick, the new bond could be offered at either negotiated or competitive sale. If negotiated, the firm would go to market and negotiate for the lowest rates.
The quality rating of the school district would be sold to investors and the deal would be struck to save the district the most money possible.
During competitive negotiations, an investment advisor would prepare the documents and shop the bonds to various companies. Then, on a certain date, interested investors would bid on the package. All bids (and the advisor's recommendation) would be considered by the board.
Since Shelby, Kerrt, Frederick & Shelby negotiated the last bond issue for the district, information about Quaker Valley is already in the firm's computer system* allowing ftir quick printing of a proposal should the board
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