NCN Board Meeting Minutes

November 22, 2024, 4:30-5:00 PM

Minutes Draft

The Neighborhood Charter Network

Minutes

NCN Board Meeting

Date and Time

Friday November 22, 2024 at 4:30 PM

Location

Allison Mansion at Marian University

3000 Cold Spring Rd, Indianapolis, IN 46222

The Neighborhood Charter Network is hosting a board meeting on the second Tuesday of every other month.

Public comment sign up:

https://tinyurl.com/EnlacePublicComment

Public Comment:

Speakers are allowed two (2) minutes to offer comments to the board.
A timer will start when you begin; please briefly conclude your remarks when you hear the timer go off.
Comments should be directed to the board collectively, should not be abusive or disruptive, and should not address a topic that might be of a confidential nature or that would compromise the impartiality of the board.
While the board is happy to receive your comments, we will not respond or answer questions.

Directors Present

A. Segarra-Hansen, B. Delk, B. Storey (remote), J. Servaas, J. VanDeWalle, K. Britt, R. Zavaleta

Directors Absent

C. Byczko, P. Castaneda, R. Hall

Guests Present

D. Castellanos, K. Dulay

I. Opening Items

A. Record Attendance

B. Call the Meeting to Order

J. Servaas called a meeting of the board of directors of The Neighborhood Charter Network to order on Friday Nov 22, 2024 at 4:37 PM.

C. Approve Minutes

II. Finance

A. Finance updates

IPS Innovation Update

Jamie congratulated everyone on the innovation agreement approval by the IPS board.

The agreement outlines a pathway to a facilities transfer agreement.
Specifies the capital referendum amount of 4.3 million dedicated to our facility.
Includes transportation funds until we reach 300k in additional tax revenue under the new property tax sharing law.

J. VanDeWalle made a motion to approve a resolution for Katie Dulay to sign the five year IPS innovation agreement.

R. Zavaleta seconded the motion.

Brandon thanked Katie and the team that worked very hard to get the innovation agreement finalized.

The board VOTED unanimously to approve the motion.

Roll Call
C. Byczko	Absent
P. Castaneda	Absent
A. Segarra-Hansen	Aye
B. Delk	Aye
J. Servaas	Aye
B. Storey	Aye
R. Hall	Absent
J. VanDeWalle	Aye
K. Britt	Aye
R. Zavaleta	Aye

III. Governance

A. Innovation Agreement

The finance committee is looking for action to approve a resolution for a Letter of Intent for the Steak and Shake property. Katie would sign the LOI and send it to the broker and propose it to the seller.

K. Britt made a motion to approve a resolution to authorize Katie Dulay, Executive Director, and Brandon Delk, Board Treasurer to negotiate a Letter of Intent to purchase the Steak and Shake.

B. Storey seconded the motion.

The board VOTED unanimously to approve the motion.

Roll Call
K. Britt	Aye
P. Castaneda	Absent
J. VanDeWalle	Aye
B. Storey	Aye
R. Hall	Absent
B. Delk	Aye
R. Zavaleta	Aye
J. Servaas	Aye
C. Byczko	Absent
A. Segarra-Hansen	Aye

IV. 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 5:17 PM.

Respectfully Submitted,

J. Servaas