F.A.M.E., Inc.

Minutes

Board Meeting

Date and Time

Monday April 15, 2024 at 5:30 PM

Location

4720 Painters Street

Directors Present

B. Levine, C. Lebas, C. Tucker, D. Mipro, H. Leblanc, K. Wilkins, L. Moran

Directors Absent

G. Lawson, J. Perez

Ex Officio Members Present

S. Corbett

Non Voting Members Present

S. Corbett

Guests Present

A. Collopy, A. Dupre, K. Hill

I. Opening Items

A.

Record Attendance

B.

Call the Meeting to Order

L. Moran called a meeting of the board of directors of F.A.M.E., Inc. to order on Monday Apr 15, 2024 at 5:43 PM.

C.

Moment of Silence

Steve Corbett called for a moment of silence in memory of our Art Teacher from the Upper School who died last month. 

D.

Approve Minutes

K. Wilkins made a motion to approve the minutes from February 2024 F.A.M.E. Board Meeting on 02-26-24.
B. Levine seconded the motion.
The board VOTED to approve the motion.
K. Wilkins made a motion to approve the minutes from F.A.M.E. Board Meeting on 03-21-24.
B. Levine seconded the motion.
The board VOTED to approve the motion.

II. Discussion Items

A.

Audubon Schools Financial Audit Review

Anthony Rutledge from LaPorte presented the financial audit.

B.

Financial Update

Darius Munchak presented the finance report.

III. Action Items

A.

Approve the School Facility Preservation Program Revolving Loan Fund Agreement for Live Oak

H. Leblanc made a motion to approve the School Facility Preservation Program Revolving Loan Fund agreement for the SFPP Project at Live Oak.
K. Wilkins seconded the motion.
The board VOTED to approve the motion.

B.

Approve the School Facility Preservation Program Revolving Loan Fund Agreement for Audubon Gentilly

K. Wilkins made a motion to Approve the School Facility Preservation Program Revolving Loan Fund agreement for the SFPP Project at Audubon Gentilly.
C. Tucker seconded the motion.
The board VOTED to approve the motion.

C.

Approve Bad Debt/Delinquent Policy in accordance with the NSLP guidelines

K. Wilkins made a motion to Approve the Bad Debt/Delinquent Policy regarding school meal payments in accordance with the NSLP guidelines.
B. Levine seconded the motion.
The board VOTED to approve the motion.

D.

Approve Reserve Funds as Source for Capital Improvement Projects

B. Levine made a motion to Approve the use of reserve funds to pay for the following Capital Improvement Projects: Gentilly Elevator/Restroom Addition Gentilly Auditorium Conversion Live Oak Playground Broadway Science Lab Classroom Conversion.
H. Leblanc seconded the motion.
The board VOTED to approve the motion.

E.

F.A.M.E. Board Member Removal

C. Tucker made a motion to remove Jorge Perez from the FAME Board.
K. Wilkins seconded the motion.
The board VOTED to approve the motion.

IV. Closing Items

A.

CEO Remarks

B.

Board Chair Remarks

Board Chair raised discussion of adding more board members.  There will need to be a Governance and Board Meeting in May to add new members.  The dates of the meetings will be determined by board members and published once confirmed.

C.

Adjourn Meeting

B. Levine made a motion to adjourn the meeting.
K. Wilkins seconded the motion.
The board VOTED to approve the motion.
There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 7:04 PM.

Respectfully Submitted,
A. Dupre