We need to open a new bank account for the expansion grant.

Suggested Motion: I move to open a new checking account at Heritage Bank with the same signers as our existing accounts at Heritage Bank: Andrew Nelson, Carmen Y Jones, Perla R Murphy, Christa J Billings and Jesus Urdiales Gonzalez.

Suggested motion:  I move to authorize the following individuals or titles (and their successors), to open and/ or close accounts, request signer updates and conduct additional business on behalf of Arco Iris Spanish Immersion Charter School, at Heritage Bank. This includes opening checking, saving, money market accounts or termed accounts as would best serve Arco Iris Spanish Immersion Charter Schools banking needs. Any new accounts opened should have the same signers as all other Arco Iris Spanish Immersion Charter Schools accounts.

• Andrew Nelson (Board Treasurer)

• Need to approve use of grant funds for architect & structural engineer.  Up to $25,000 each for review of 2 potential buildings to determine viability.
  • Suggested Motion: I move to approve the use of grant funds in an amount not to exceed $25,000 for architectural services and an amount not to exceed $25,000 for structural engineering services for the review of potential sites.