Advanced Math & Science Academy Charter School
Minutes
Finance Committee Meeting
Date and Time
Monday August 2, 2021 at 5:00 PM
Committee Members Present
Dawn Capello (remote), Liana McLaren (remote), Nicholas Poirier (remote), Roger Jarrett (remote)
Committee Members Absent
Ellen Linzey, Kristin Carney, Lucy Ferrante
I. Opening Items
A.
Record Attendance and Guests
B.
Call the Meeting to Order
Liana McLaren called a meeting of the Finance & Audit Committee of Advanced Math & Science Academy Charter School to order on Monday Aug 2, 2021 at 5:00 PM.
C.
Approve Minutes
II. Finance & Audit
A.
Review and Vote on Rate Lock for Financing
III. Closing Items
A.
Adjourn Meeting
Liana McLaren made a motion to Adjourn Meeting.
Roger Jarrett seconded the motion.
The committee VOTED unanimously to approve the motion.
| Roll Call | |
|---|---|
| Liana McLaren |
Aye
|
| Lucy Ferrante |
Absent
|
| Kristin Carney |
Absent
|
| Nicholas Poirier |
Aye
|
| Dawn Capello |
Aye
|
| Roger Jarrett |
Aye
|
| Ellen Linzey |
Absent
|
There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 5:30 PM.
Respectfully Submitted,
Liana McLaren
Authorize Ellen, Liana or Kristin to lock in the rate (using Boston Private 20yr base rate)
Rate lock if:
2.5 floor
2.7 stop loss
Second: Nick
Discussion: Bob will monitor the rates this week. Roger next week. We are NOT choosing a borrowing term at this time.
Yes: Liana, Dawn, Nick, Roger
No - None
Motion carries 4-0