Kairos Academies
Minutes
Finance-Facilities Ad Hoc Committee Meeting
Date and Time
Tuesday October 29, 2024 at 8:30 AM
Location
Virtual: Google Meets
We invite you join us at this Zoom link. This notice was published at www.kairosacademies.org/board at least one day prior to the meeting.
Committee Members Present
B. Jackson (remote), J. Krewson (remote), K. Graham (remote)
Committee Members Absent
K. Owen
Guests Present
A. Jackson (remote), A. Sullivan (remote), A. Trapp (remote), L. LeComb (remote), M. Chavers (remote), P. Badea (remote), S. Bauer
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
C.
Approve Minutes
II. Finance-Facilities Ad Hoc
A.
Review Financing Option
B.
Review Project Size
C.
Review of Affordability Against 10-Year Pro-Forma
Jack Krewson introduced a discussion on a 10-year pro-forma for the finance and facilities committees to review.
D.
Determine Comfortability Conditions and Parameters
E.
Vote Introduction: Loan Approval
Jack Krewson introduced a future voting item for the board to discuss on loan approvals for the construction of a new building site.
III. Closing Items
A.
Adjourn Meeting
There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 9:00 AM.
Respectfully Submitted,
A. Jackson
Jack Krewson reviewed financing options and loan options for the new site construction.