Legacy Schools Board of Directors
Minutes
Finance Committee
Date and Time
Tuesday October 29, 2024 at 5:00 PM
Location
Legacy Prep +Teams Link
1500 Daniel Payne Drive
Bessemer, AL 35022
Committee Members Present
Orazio Mancarella, Ruqayyah Abdullah
Committee Members Absent
None
Guests Present
Desire Crumb, Reneta Johnson, Willie Davis
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
Orazio Mancarella called a meeting of the Finance Committee of Legacy Schools Board of Directors to order on Tuesday Oct 29, 2024 at 5:15 PM.
C.
Approve Minutes
II. Finance
A.
Finance Update
III. Other Business
A.
Head of school contract/insurance payments.
Reviewed resolution to change effective date of the contract
Discussed paying insurance premiums.
Need to update the resolution to include cell phone allowance instead of purchase.
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 6:11 PM.
Respectfully Submitted,
Orazio Mancarella
Levelfield contract requesting payment beyond contract expiration.
Construction timeline is at risk based on loan closing.
New account for Hope Financial loan disbursement is ready to be set up.