Global Leadership Academy
Minutes
K-12 Board of Directors Meeting ( Virtual )
Date and Time
Monday November 14, 2022 at 4:30 PM
Location
Google Meet joining info
Video call link: https://meet.google.com/gjd-tbet-fzg
Or dial: (US) +1 269-783-5003 PIN: 604 096 877#
Directors Present
L. Williams (remote), V. Budnik (remote), V. Kushnar (remote), Y. Brychka (remote)
Directors Absent
None
Guests Present
A. Korchuk (remote), D. Goncharov (remote), D. Soroka (remote), G. Stickel (remote), I. Soroka (remote), J. Chisholm (remote), J. Hemphill (remote), O. Velez (remote), Y. Degtyareva (remote)
I. Opening Items
A.
Record Attendance and Guests
B.
Call the Meeting to Order
II. Approve Previous Board Minutes
A.
Approve Previous Board Minutes 09-12-2022
B.
Approve Previous Board Minutes 9-30-2022
C.
Approve Previous Board Minutes 10-10-2022
III. Public Comments
A.
Public Comments
IV. Consent Items
A.
Monthly Financials K-12 September 2022
Mr. Goncharov has presented the monthly financials for all schools for September 2022.
The schools are moving along the budget lines. Enrollment numbers are carefully monitored by the schools. The schools are still in a good financial performance, while they are working diligently to bring up enrollment for this school year.
V. Resolution to open bank account
A.
Resolution to open bank account
There is a need to open a separate, zero balance account to accept NSLP funds coming for all schools. The funds will then be distributed to each individual schools.
VI. Approve Amended and Restated Certificate of Resolutions relating to GOCA Arts and gym completion
A.
Approve Amended and Restated Certificate of Resolutions relating to GOCA Arts and gym completion financing
GOCA will contribute up to $650,000 to the project fund to cover the most expensive debt. To lower some of the monthly payments on the taxable debt, it would be beneficial to buy down the amounts presented in relations to GOCA Arts and gym completion financing and close on the debt to fund these projects.
No public comments