Refer to attendance information recorded above.

No public comments were made at this time.

P.Ontiveros, General Counsel & Director of Facilities presented the acquisition of the property for Magnolia Science Academy(MSA)-5 which is co-located at the MSA-1 campus. He gave background to the Committee of the journey so far in which he highlighted that since the Board's approval in 2021 for the purchase and sale agreement for 7111 Winnetka Ave, Magnolia Public Schools (MPS) have utilized 3 options to extend the due diligence period for that property. In that time they have worked with financial advisor, John Buck, to secure financing and ultimately went with CLI Capital. Part of the ask is for MPS to assign the purchase and sale agreement to MPM Sherman Winnetka LLC which will allow them to take title to the property once escrow closes and the LLC will lease the site under a lease agreement to MSA-5. Committee members asked various questions to which staff members were able to address. A question was brought up regarding Charter School Facility Program (CSFP) to which staff explained the process of applying, what the reward is based on and clarifying the use for this money for this project.

M.Sahin, Facilities Project Manager, went over the vendors to be added to the preferred vendor list. The last time this item was approved was in November 2021. He went over the 6 vendors to be added to this list and stated that Magnolia Public Schools was overall happy with the work they have done already for the schools. This preferred vendor list is to cover any projects below $90K. These vendors include:

EcoGrass

Aragon Asphalt

Rafael Franco Associate (RFA)

Express Modular System

Rabuild Commercial Services LLC

Power Plus

Committee members asked if the staff have done their due diligence is assessing these new vendors to which staff went over the work that these vendors have done so far for MPS. Other questions posed by the Committee were addressed.