Liberty Charter Academy
Minutes
Board Meeting
Date and Time
Wednesday January 22, 2025 at 4:00 PM
Location
301 N Wilmington St., Raleigh
Virtual Link:
https://us06web.zoom.us/j/83288270593?pwd=ZJxNaFVwXRRtsSRpFSAbrR4cP8nKbN.1
Directors Present
A. Miller (remote), D. MacColl (remote), D. Williams (remote), J. O'Day (remote), M. Schneider (remote), V. Jones (remote)
Directors Absent
None
Guests Present
D. English (remote), M. Sauer (remote)
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
J. O'Day called a meeting of the board of directors of Liberty Charter Academy to order on Wednesday Jan 22, 2025 at 4:31 PM.
C.
Approve Agenda
J. O'Day made a motion to approve the agenda.
V. Jones seconded the motion.
The board VOTED unanimously to approve the motion.
D.
Approve Minutes
D. Williams made a motion to approve the minutes from Board Meeting on 12-12-24.
D. MacColl seconded the motion.
The board VOTED unanimously to approve the motion.
E.
Approve Minutes
D. Williams made a motion to approve the minutes from 1/16/25 as amended Special Board Meeting on 01-16-25.
D. MacColl seconded the motion.
The board VOTED unanimously to approve the motion.
F.
Read the mission statement
II. Ready To Open
A.
Discussion and approval of RTO I revisions
D. MacColl made a motion to Approve the revised RTO documents:
- Bylaws
- Staff Grievance Policy
- Financial Policies
as amended.
D. Williams seconded the motion.
The board VOTED unanimously to approve the motion.
III. Finance
A.
Financial Reports
MC Sauer presented the December financial reports. The board discussed the bond and what that will mean for the school's finances. The board requested the financial advisor and/or the bond holder representative present to the board at the next meeting if possible.
B.
Discussion and approval of bond Placement Agent
J. O'Day made a motion to approve Hilltop Securities as the school's placement agent.
M. Schneider seconded the motion.
The board VOTED unanimously to approve the motion.
C.
Next Meeting
The board decided to move the February board meeting to February 20th to better accommodate the RTO schedule.
IV. Closing Items
A.
Adjourn Meeting
M. Schneider made a motion to adjourn.
A. Miller seconded the motion.
The board 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 5:10 PM.
Respectfully Submitted,
M. Sauer
MC Sauer presented the revised RTO documents. J O'Day suggested stating the full name of the school and management company for clarity.