Legacy Schools Board of Directors

Minutes

April Board Meeting

Date and Time

Thursday April 2, 2020 at 4:00 PM

Location

Zoom Video Conference: 
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Meeting ID: 871 803 772
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Meeting ID: 673 549 195
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Directors Present

Brian Hamilton, Earlisha Williams, Greg Johnston

Directors Absent

None

Ex Officio Members Present

Jonta Morris

Non Voting Members Present

Jonta Morris

Guests Present

Ginger Lusty

I. Opening Items

A.

Record Attendance

B.

Call the Meeting to Order

Brian Hamilton called a meeting of the board of directors of Legacy Schools Board of Directors to order on Thursday Apr 2, 2020 at 4:24 PM.

II. Finance

A.

Financial Statements

G. Lusty, CFO, presented the FY2020 February Financial Reports. 

B.

Board Policies

Greg Johnston made a motion to adopt presented board policies Posession of Weapons and Toy Weapons Policy, Board of Directors Attendance Policy, Board of Directors Code of Conduct Policy, Board of Directors Nomination and Election, Vacancies, Removal and Replacement Policy, Board of Directors Public Comment at Open Meetings Policy, Board of Directors Representation and Speaking in Public Policy, Board of Directors Policy Adoption, Dissemination and Suspension Policy, Board an Head of School Relations Policy, Document and Record Retention and Disposal Policy, Access to Student Information Policy, Family Information Privacy Policy, Student Safety Policy, Visitor Policy, Adult Sex Offenders on School Property Policy, Administering Medications Policy, Parental and Family Involvement Policy, Data Use and Governance Policy, Employee Code of Conduct Policy, FERPA and Student Records Policy, SPED Policy, Technology Policy, Internet Safety Policy, and Selection and Reveiw of Instructional Materials Policy.
Earlisha Williams seconded the motion.
The board VOTED to approve the motion.

C.

SBA Paycheck Protection Program

Greg Johnston made a motion to approve the Resolution Authorizing a Loan Transaction for the SBA Paycheck Protection Program.
Earlisha Williams seconded the motion.
G. Lusty informed the board that Legacy Prep had received guidance that Legacy Prep should take advantage of the SBA Paycheck Protection Program and presented the board with the "Resolution Authorized a Loan Transaction for the Paycheck Protection Program" along with the spreadsheet calculator. She discussed the details of the SBA PPP loan and that Legacy Prep would be going through Hope Federal Credit Union, an SBA Participating Lender.
The board VOTED to approve the motion.

D.

CFO has asked the state to flex state funding should Legacy Prep receive funding from the SBA Paycheck Protection Program. CFO will apply for funding from the SBA Paycheck Protection Program.

E.

The paycheck protection program is an average of wages, healthcare benefits, retirement benefits, and rent payments from March 2019-February 2020.

III. Board Membership

A.

Expired Terms

B.

Board Member Recruitment Plan

Board members discussed five potential board members who qualify for the identified skillsets. while ensuring board diversity is reflected. The board discussed the need for leadership roles to shift.
The two board members with expired terms have decided not to renew their terms, but will remain until additional leadership has joined.

Next steps:
1. Board members will introduce potential candidates to CEO-->CEO will reach out to a board member for insight (governance committee)-->CEO will bring candidates to the board for a formal vote.


 

IV. 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 5:47 PM.

Respectfully Submitted,
Brian Hamilton