Archive for category: Governance Council (Page 48)

Governance Council Emergency Meeting Minutes

December 7, 2018
Members Present: Virginia Trujillo, President
Art Silva, Vice President
Kathy Webb, Secretary
Evelyn Dow, Member
Elizabeth Piazza, Member
Victoria Tafoya, Member

Member Absent: Phillip Sapien, Member
Guests: Mary Tarango, Principal
Robert Fuentes, Legal Counsel
Michael Vigil, Business Manager
Marc Chaves, Vice-President, Cutler Foundation
Hugo Sanchez, Treasurer, Cutler Foundation
Rita Hirschy, Guest

Governance Meeting Called to Order by Virginia Trujillo at 4:38 PM
Roll Call

 Quorum met.
Approval of Agenda

 Motion to approve agenda —Elizabeth Piazza
2 nd —Victoria Tafoya
Motion Approved

Open Forum: N/A
Review of Bond Sale Documents
Legal Counsel Robert Fuentes explained that although 21 st Century Public Academy is
not directly involved with the bonds, it is in a contractual agreement with the Cutler
Charitable Foundation. Mr. Fuentes presented and explained the Bond Sale
Documents:

1. Preliminary Official Statement
2. Appendix A
3. Covenant Agreement
4. Assignment of Covenant Agreement
5. Bond Purchase Agreement
6. SNDA
7. Continuing Disclosure Agreement
(All of the above documents are included)

Resolution 12-7-18-1 Public Finance Authority Lease Revenue Bonds (copy included)

 Motion to Approve—Art Silva
2 nd —Elizabeth Piazza
Motion Approved

Resolution 12-7-18-2 Accept Conditions of Cutler Charitable Foundation (copy included)

 Motion to Approve—Kathy Webb
2 nd — Victoria Tafoya
Motion Approved

Principals Report
Mary Tarango Reported
o Upcoming fundraisers: Barnes & Noble and Journal Subscription.
o The last date for Holiday release is December 20.
o The PTA Drop & Shop date is Friday, December 14.
o Ms Fritz resignation and that the Vigil Group is taking over that role
o There will be a hiring of an assistant principal and a bookkeeper.

Next Meeting: December 17 th
Motion to Adjourn

Motion to Approve—Victoria Tafoya
2 nd —Elizabeth Piazza
Motion Approved
Meeting Adjourned at 7:00 PM

Agenda for December 7, 2018
Meeting will be held at 4:30 pm
4300 Cutler NE
Albuquerque, NM 87110
PUBLIC WELCOME

Call Meeting to Order
Roll Call
Approval of Agenda*
Open Forum
I. REVIEW OF BOND SALE DOCUMENTS – LEGAL COUNSEL ROBERT FUENTES
II. RESOLUTION 12-7-18-1*

PUBLIC FINANCE AUTHORITY LEASE REVENUE BONDS

III. RESOLUTION 12-7-18-2*

ACCEPT CONDITIONS OF CUTLER CHARITABLE FOUNDATION

IV. PRINCIPAL’S REPORT
Next Meeting: December 17th
Adjourn Open Meeting

(*) Action Item
Pursuant to the 21 st Century Public Academy Governance Council Open Meeting Policy Resolution of 9-1-2015:
• Proper and required notification to the public has occurred,
• This is a Special Meeting of the 21 st Century Public Academy Governance Council requiring a minimum 72 hours public notice
and that requirement has been met,
• If you wish to attend contact 21 st Century Public Academy Office at telephone number (505) 254-0280 for further information,
• If you are an individual with a disability who is in need of a reader; amplifier; qualified sign language interpreter; or any other
form of auxiliary aid or service to attend or participate in the meeting, please contact 21 st Century Public Academy at 505-254-
0280 at least one (1) week prior to the meeting or as soon as possible. Public documents, including the agenda and minutes, can
be provided in various accessible formats. Please contact 21 st Century Public Academy at 505-254-0280 if a summary or other
type of accessible format is needed.

 

• Bond Purchase Agreement 12-7-18
• Covenant Agreement 12-7-18
• Continuing Disclosure Agreement 12-7-18
• Resolution 12-7-18-2 – Facilities Lease with Cutler
• Resolution 12-7-18-1 – PFA Revenue Bonds
• Subordination, Non-disturbance and Attornment Agreement 12-7-18
• Covenant Agreement – Assignment 12-8=7-18
• Public Offering Statement 12-7-18
• Appendix A 12-7-18