5/21/18 GC Agenda
Call Meeting to Order
Roll Call
Approval of Agenda*
Approval of Minutes*
Minutes for April 16, 2018
Open Forum
I. PRESENTATION OF PHASE 2 FINANCIAL ARRANGEMENTS BY THE CUTLER FOUNDATION
II. APPROVAL OF RESOLUTION 5-21-18 #1*
III. APPROVAL OF RESOLUTION 5-21-18 #2*
V. FINANCE UPDATE
BANK RECONCILIATIONS: MARCH AND APRIL
OPERATIONAL
ACTIVITY FUNDS
APPROVAL OF CASH DISBURSEMENTS – MARCH AND APRIL*
VI. PRINCIPAL’S REPORT/EVALUATION
CLOSED SESSION*
PRINCIPAL’S CONTRACT*
Next Meeting: May 21 st , 7:00 pm
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.
Governance Council Resolution No. 5-21-2018 #1
1st Resolution: Accept Financing Structure presented by the Cutler Charitable Foundation for
Refinance and Construction of Phase 2
Be It Resolved that 21 st Century Public Academy Governance Council has evaluated and
made the determination to accept the terms of the financial agreement set forth by the
Cutler Charitable Foundation for the purpose of completing Phase 2 of the current
property located at 4300 Cutler. Estimated costs of proposed buildings and location was
part of this comprehensive review.
Governance Council Resolution No. 5-21-2018 #2
2nd Resolution: Approval of Terms of the Proposed Lease Purchase Amendment for the 4300
Cutler Avenue NE Phase 2
Be It Resolved that 21 st Century Public Academy Governance Council has fully reviewed and
approved the Proposed Lease Purchase Amendment as to the material terms of the agreement
with authority to proceed to final negotiation. A subsequent vote will be held after notification
from PED and final resolution with LAMB.