Circle City Prep
Minutes
Emergency Board Meeting
Date and Time
Tuesday November 17, 2020 at 12:00 PM
Through excellence in academic instruction and character development, Circle City Preparatory Charter School ensures all K-8 students are ambitious, powerful learners and responsible, positive leaders on the path to college and a life of opportunity.
For questions, please contact Mandy Parris, Circle City Prep Board Chair: mamwalte@yahoo.com.
For questions, please contact Mandy Parris, Circle City Prep Board Chair: mamwalte@yahoo.com.
Directors Present
A. Moseman (remote), A. Sowder (remote), C. Miller (remote), D. Rosenbarger, D. Tolliver (remote), J. Bartenbach (remote), L. Tarble (remote), M. Parris (remote), S. Chang, W. Patrick (remote)
Directors Absent
None
Ex Officio Members Present
M. Murphy (remote)
Non Voting Members Present
M. Murphy (remote)
Guests Present
Brian Anderson (remote), Bruce Sorensen (remote), David Rosenberg (remote), Jacob McClellan (remote)
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
M. Parris called a meeting of the board of directors of Circle City Prep to order on Tuesday Nov 17, 2020 at 12:04 PM.
II. Facility
A.
Facility Deal Structure
David Rosenberg present on behalf of CIES. Presents CIES organization. Introduces Jacob McClellan with Bose. Reviews facility purchase deal background and next steps. Bruce Sorensen with Baird joins call.
B.
Indiana Finance Authority
C.
Approval of Financing Resolution
D. Tolliver made a motion to Approve financial resolution as outlined in board packet (pg. 21).
W. Patrick seconded the motion.
The board VOTED to approve the motion.
| Roll Call | |
|---|---|
| L. Tarble |
Aye
|
| D. Tolliver |
Aye
|
| A. Sowder |
Aye
|
| J. Bartenbach |
Aye
|
| A. Moseman |
Aye
|
| S. Chang |
Abstain
|
| W. Patrick |
Aye
|
| C. Miller |
Aye
|
| M. Parris |
Aye
|
| D. Rosenbarger |
Abstain
|
D.
Letter of Intent to Purchase
E.
Approval of Letter of Intent to Purchase
A. Sowder made a motion to Approve LOI (amend purchase to 3.1M and update highlighted items and work with project team to align with deal).
W. Patrick seconded the motion.
The board VOTED to approve the motion.
| Roll Call | |
|---|---|
| S. Chang |
Abstain
|
| C. Miller |
Aye
|
| D. Rosenbarger |
Abstain
|
| M. Parris |
Aye
|
| L. Tarble |
Aye
|
| A. Moseman |
Aye
|
| W. Patrick |
Aye
|
| J. Bartenbach |
Aye
|
| D. Tolliver |
Aye
|
| A. Sowder |
Aye
|
F.
Next Steps
III. 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 12:35 PM.
Respectfully Submitted,
M. Parris
Documents used during the meeting
- Circle City Prep - 4002 N Franklin Rd - LOI - 11.12.2020.docx
- CCP - 2020 Resolution of Board of Directors (1).doc