Equitas Academy Charter School

Minutes

Special Board Meeting

Date and Time

Monday December 10, 2018 at 1:15 PM

Location

2723 W. 8th Street, Los Angeles, CA 90005
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.

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Directors Present

A. Valentine (remote), C. Sanii (remote), J. Troletti (remote), N. Shaw (remote), O. Bajracharya (remote), T. Bell (remote)

Directors Absent

A. Sowrirajan, J. Cruz

Directors who arrived after the meeting opened

T. Bell

Guests Present

M. Borrego (remote), M. Ford (remote), S. Estilai (remote)

I. Opening Items

A.

Record Attendance and Guests

B.

Call the Meeting to Order

C. Sanii called a meeting to order on Monday Dec 10, 2018 at 1:19 PM.

C.

Bond Issuance – Amended Board Resolution

O. Bajracharya made a motion to Consider and approve amended Board Resolution and attached list of transaction documents and documents retroactively to allow issuance of tax exempt bonds for Facilities and refinancing of New Market Tax Credits.
J. Troletti seconded the motion.
The team VOTED unanimously to approve the motion.
Roll Call
A. Valentine
Aye
T. Bell
Absent
N. Shaw
Aye
O. Bajracharya
Aye
C. Sanii
Aye
J. Cruz
Absent
A. Sowrirajan
Absent
J. Troletti
Aye

D.

Alternative Agreement

O. Bajracharya made a motion to Approve the agreement.
A. Valentine seconded the motion.
The team VOTED unanimously to approve the motion.
Roll Call
J. Troletti
Aye
J. Cruz
Absent
O. Bajracharya
Aye
T. Bell
Absent
A. Sowrirajan
Absent
A. Valentine
Aye
C. Sanii
Aye
N. Shaw
Aye

E.

FY17-18 Audit

O. Bajracharya made a motion to Approve and submit the Audit.
A. Valentine seconded the motion.
The team VOTED unanimously to approve the motion.
Roll Call
T. Bell
Aye
O. Bajracharya
Aye
N. Shaw
Aye
A. Valentine
Aye
J. Cruz
Absent
J. Troletti
Aye
A. Sowrirajan
Absent
C. Sanii
Aye
T. Bell arrived.

II. 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 1:31 PM.

Respectfully Submitted,
C. Sanii