Members Present: Virginia Trujillo, President
Phillip Sapien, Member
Art Silva, Member
Kathy Webb, Member
Guests: Mary Tarango, Principal
Tina Fritts, COO
Governance Council Called to Order by Virginia Trujillo @ 7:00 p.m.
Approval for the Cutler Foundation to pursue refinancing of Phase II
Virginia presented information discussed at a previous meeting with school
administration, President of the Cutler Foundation and MELD, LLC. MELD LLC
presented 3 financial options to refinance, as previously agreed to when construction is
complete. Discussion included financial obligation to the school. Further clarification
was presented by school administration.
Motion to approve – Phillip Sapien
2 nd . – Art Silva
Motion to adjourn – Phillip Sapiein
2 nd . – Kathy Webb
Meeting adjourned at 7:15 p.m.