Michelle Parkerson voiced concern that as we explore alternative building options that we consider the possible impact a new building plan might have on class size. 

Board approval is requested on the following contracts:

• Charter Success Partners
• Outward Bound
• Bus Company for Outward Bound

Board onTrack-After requesting a discounted rate, our representative offered the following 3 options:
1. $9,995 per year (current plan)
2. $9,250 per year, paid yearly with a two-year contract.
3. $8,000 per year, paid yearly with a three-year contract (recommended option).

The board discussed the large expense of the Outward Bound trip to students ($900/student), and school staff assured the board that keeping trip costs down was something that was part of ongoing discussions. 

Ellie also stated that Parent University dates had been set and topics were in process. 

2019-2020 Budget Update:
The Finance committee met to review the year to date expenditures and project future impacts. Based on YTD activity, we are projecting an end of year surplus of $8,177.43. The balance sheet and income statement along with the YTD budget report are attached as part of agenda and board packet. 

Theo and Ellie have met/conferenced/visited with architects, lawyers, developers, and toured alternate properties for our new school buildling. 

Ellie and Theo have done an incredible amount of work researching other financing, design/build options, and legal ramifications of our existing contract with developers. Everything is now still fluid, and they will update the board soon as they are able. 

Keely moved to approve disclosing the school's financial information with BB&T and Self Help Credit Union and other possible institutions in order to explore Bond financing options. The motion passed unanimously.  

Camesha asked for a motion to add an agenda item for a closed session at the end of the meeting. Theo made the motion and it passed unanimously. 

Ellie reported that the attached Finance Committee goals are expected to be completed by the end of this academic year. 

George reported that the committee goals for the year are to 1) rebuild Foundation Board, 2) rebuild Development Committee, 3) re-establish Annual Fund plans, 4) establish a Board example for fundraising. 

1) look at current policies 2) develop an improved Executive Director evaluation 3) establish a staff orientation plan for staff

Third year of the rigor, relevance, relationships framework, and Katie is reaching out the staff to set up a meeting to determine whether or not this framework needs revising. To date, the committee goals have been funneled through the Equity and Diversity Committee (EDC). The EDC had a meeting last week with interested parents and have the goal of identifying how these parent volunteers can best be put to work in the goal of increasing and serving a more diverse population. Finally, EEC has the goal to determine how EDC work can dovetail into the ACCESS grant, specifically as it relates to transportation. 

The Board voted unanimously to go into closed session to discuss material items related to contracts. After approximately 30 minutes, the board voted unanimously to leave closed session, our discussion being completed.