Refer to attendance information recorded above.

No public comments were made at this time.

There were no announcements made from the CEO & Superintendent.

M.Sahin, Facilities Project Manager, presented to the Committee the purchase of six bungalows for Magnolia Science Academy(MSA)-1 middle school parking lot site. He went over the proposals that were received and the reasoning behind moving forward with Mobile Modular as the best company to provide this service. A.Rubalcava, CEO & Superintendent, provided further context that the installation of the six bungalows would prove more space to MSA-1 since MSA-5 moved to MSA-1 location which eliminated available space for MSA-1 to function. The objective is to create more space to allow a stronger focus on individualized attention and with the money received form the Expanded Learning Opportunities Grant, which is to invest in more academic programs, the space is needed which the bungalow spaces would provide. He also added that the team would work closely with authorizer, Los Angeles County Office of Education and ensure that they are informed and have their facilities team review the project. P.Ontiveros, General Counsel & Director of Facilities, added that they are in the process of getting permits from the City of Los Angeles and will continue to work closely with the consultants and city officials. Staff addressed Committee Members questions. S.Budhraja, Chief Financial Officer, clarified finance related questions to the Committee Members. 

P.Ontiveros, General Counsel & Director of Facilities, presented the current update regarding the sale of strip of land to the City of Los Angeles and the Committee's recommended approval to move forward. He provided background of what has already occurred regarding negotiations with the City and added that a reappraisal was conducted to assess the value of the land. Both the City of Los Angeles Recreation and Parks Department and Magnolia reached a fair and reasonable price of $1,266,000. He addressed the typo on the motion that it is in fact $1,266,000 and not $1,265,000. A.Rubalcava, CEO & Superintendent, added that the expectation is to work with the City and provide exclusive access to the rink for Magnolia students during school hours and having the goal to use that space for practice with the idea that it can lead to students practicing competitively as a possible sport. P.Ontiveros, further added that they are currently speaking with the City regarding a Use Agreement to use the facility during school hours. The City has indicated in a letter that they were open and to negotiate in good faith. Staff addressed Committee Members questions. 

At the approval of agenda, it was verbally announced that the there was a typo on the agenda title which should have read "Approval of Exercise Third Option..." P.Ontiveros, General Counsel & Director of Facilities, provided context of MPS being in escrow for the purchase of the property of 7111 Winnetka Avenue. Previously a Purchase and Sale Agreement was signed back in December and since that time due diligence was conducted and there was a seek for financing and speaking with authorizer, Los Angeles County Office of Education. An extension of the due diligence period was conducted twice before. He explained the conditions of extending the contingency period and clarified that they money released to the seller is applicable to the purchase price and is not an added amount. P.Ontiveros, clarified that the motion on the first point should read, "thirty day period from May 23, 2022 to June 22, 2022..." Staff addressed Committee Members questions.