Equitas Academy Charter School
Ad Hoc Facility Committee Meeting
Date and Time
Friday August 25, 2017 at 1:30 PM PDT
Location
Call In: 719-394-0060, PIN: 81249. Additional Call in Locations: 1700 W. Pico Blvd., Los Angeles, CA 90015, 3000 Olympic Blvd, Suite 2120, Santa Monica, CA 90404, 3943 Pine Ave, Long Beach, CA 90807, 3169 Glendale Blvd, Los Angeles, CA, 90039, 655 N. Central Ave., Suite 2300, Glendale, CA 91203.
PUBLIC COMMENT AT EQUITAS ACADEMY BOARD MEETINGS – An opportunity for the public to address the Board will be provided at the conclusion of the agenda. Members of the public who wish to speak on any item are requested to identify themselves and indicate on which agenda item they wish to speak. The Board will provide an opportunity for the public to speak for a maximum of three (3) minutes, unless granted additional time at the discretion of the Board. Testimony shall be limited in content to matters pertaining to Equitas Academy. The Board may not take any action on matters discussed during the public testimony period that are not listed on the agenda. Brown Act Compliance: Agenda posted at School
Agenda
| I. | Opening Items | |
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Opening Items
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| A. | Record Attendance and Guests | |
| B. | Call the Meeting to Order | |
| II. | Ad Hoc Facility | |
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Ad Hoc Facility
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| A. | 1630 Commission Agreement | |
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In the event that a lease is executed between Tenant and Landlord for space in the above referenced Property (“Lease”), Landlord shall pay to Charles Dunn Company, Inc. ("Charles Dunn"), a commission pursuant to the following schedule: Four (4%) percent of the total aggregate rental due for years 1-10. |
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| B. | Capital Impact Partners Loan Commitment Letter | |
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Equitas Academy acts as guarantor for the loan described in the commitment letter in the amount of $4.3mm. |
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| C. | EQ3 LLC Sublease | |
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Assignment and Assumption of Amended and Restated sub-lease agreement between EQ3, LLC and Equitas Academy for the proposed project development at 1633 West 11thStreet. |
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| III. | Closing Items | |
| A. | Adjourn Meeting | |