Board President, Ms. Ruquyyah Abdullah introduced Dr. Tim Morgan. Dr. Morgan updated the Board on the Legacy Prep Head of Schools search. He said that 29 applicants applied for the position and of those 11 had charter school experience. He explained the process for selecting the top 4 candidates. They are Ms. Jeanyll Morris, Dr. Sherene Carpenter, Dr. Melvin Love, and Dr. Darryl Aikerson. Dr. Morgan said he felt confident that any of the top 4 finalist will serve us well. 

Ms. Abdullah said that she would set up public interviews for each candidate and get faculty and community input before the Board made its decision.

Ms. Abdullah recognized Mr. Willie Davis, Interim Superintendent and CSFO. Mr. Davis gave an update on the school audit which are still being reviewed. The State Examiners did not give him a timeline on its completion. He said the Alabama State Department of Education has approved Legacy Prep Financials for the 2021-2022 school year.

Mr. Davis shared the proposed 2022-2023 school calendar. He said the proposed calendar had been shared with staff and the LP Village for community input.

Mr. Davis presented the financial statements based on bank reconciliations for the months ending January and February 2022. He also made the check registers for those months available. 

Ms. Abdullah updated the Board on her negotiations with Three Oaks Group on behalf of Legacy Prep. She stated that Three Oaks Group's bank would not accept the previous proposed agreement made with LP to pay a past due debt owed for furniture. They now propose that LP make an initial payment of $50,000 and $5,00 per month through December, 2022 and pay the remaining balance of $90,000 in January 2023. She noted that the balance was actually due in May of 2021 and that Three Oaks has waived all late fees and accrued interest.