MOT Charter School
Minutes
Finance Committee Meeting
Date and Time
Wednesday January 17, 2018 at 7:00 PM
Location
1156 Levels Road, Middletown, DE 19709
Committee Members Present
J. Taylor, L. Jennings, M. Ali Khan, M. Hewett, N. Southworth, S. Sullivan
Committee Members Absent
D. Watlington, L. Savino, R. Carroll, Jr., S. Stallone
I. Opening Items
A.
Record Attendance and Guests
B.
Call the Meeting to Order
M. Hewett called a meeting of the Finance & Operations Committee of MOT Charter School to order on Wednesday Jan 17, 2018 at 7:03 PM.
C.
Approve Minutes
J. Taylor made a motion to approve minutes from the CBOC Quarterly Meeting on 12-20-17 CBOC Quarterly Meeting on 12-20-17.
M. Ali Khan seconded the motion.
The committee VOTED unanimously to approve the motion.
II. Finance
A.
Review JP Morgan Statements
No comments or issues noted.
B.
Review WSFS Accounts
No comments or issues noted.
C.
Review Monthly Board Financials
No comments or issues noted.
III. Other Business
A.
Discuss loan prepayment
The committee agreed to move forward with this action.
B.
Review Form 990
No comments or issues noted.
IV. Closing Items
A.
Adjourn Meeting
J. Taylor made a motion to adjourn the meeting.
L. Jennings seconded the motion.
The committee VOTED unanimously to approve the motion.
There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 7:36 PM.
Respectfully Submitted,
S. Sullivan