A.C.E. Academy
Minutes
A.C.E. Academy March 25, 2025 Board Meeting
Date and Time
Tuesday March 25, 2025 at 7:00 PM
Location
Join Zoom Meeting https://aceacademycharter-org.zoom.us/j/84445533716?pwd=8fTF0HDnG5DVQQfe3NkMHhWCcyaJKC.1
Meeting ID: 844 4553 3716 Passcode: 246230
Mission: A.C.E Academy will equip students from all backgrounds to succeed in the college and career of their choice by driving academic excellence, developing strong character, and instilling an entrepreneurial mindset.
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Directors Present
D. Graham (remote), J. Figueroa (remote), K. Best (remote), T. Cline (remote)
Directors Absent
C. Rodgers
Guests Present
D. Hammond (remote), L. Minott (remote)
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
C.
School Mission
D.
Approve Agenda
E.
Approve Minutes
F.
Public Comment
We respectfully urge that public commentary remain exclusively related to the topics outlined in the present agenda. This protocol promotes a concentrated and productive dialogue.
II. Meeting Items
A.
New Board Member
Dr. Cline provided the board with insights regarding. Following this discussion, the board unanimously approved Ms. Torrence's appointment.
B.
Construction Contract
Laila provided an update to the board on the construction project. The contract has been received from the contractor and forwarded to the bondholders' attorney. The attorney has made comments that must be addressed by the general contractor for revision. Laila distributed the contract along with the comments for the board's review. Approval of the contract is contingent upon the attorney's review.
C.
Conflict of Interest
Laila informed the board regarding the procurement of services from a staff member. She clarified that while this action is not illegal, it requires board approval.
D.
Summer Readiness
E.
ERC Funds
Laila presented to the board about the PPP loan and the employee retention credit during COVID-19. By retaining our employees throughout the pandemic, we qualified for a significant tax credit. We successfully secured this tax credit and Laila requested the board's approval to allocate these funds to our budget. Additionally, she proposed using a portion of these funds for staff appreciation.
A.C.E Academy will equip students from all backgrounds to succeed in the college and career of their choice by driving academic excellence, developing strong character, and instilling an entrepreneurial mindset.