Members Present: Virginia Trujillo, President
\nChris Velasquez, Vice President
\nPhillip Sapien, Member by phone
\nKathy Webb, Member
\nMembers Absent: Art Silva, Member
\nGuests: Mary Tarango, Principal
\nTina Fritz, COO
\nKathy Potter
\nRita Hirschy<\/p>\n
Governance Council Called to Order by Virginia Trujillo at 6:00p.m.
\nRoll Call
\n\uf0b7 Quorum met.
\nApproval of Agenda
\n\uf0b7 Motion to approve agenda \u2013 Phillip Sapien
\n2 nd . \u2013 Kathy Webb
\nMotion Approved
\nApproval of Previous Governance Council (GC) Meeting Minutes
\n\uf0b7 Motion to approve minutes of January 31, 2017 \u2013 Chris Velasquez
\n2 nd . \u2013 Kathy Webb
\nMotion Approved
\nOpen Forum \u2013 Phase II Financial Agreement
\nRita Hirschy was present representing the Cutler Charitable Foundation. They are
\nlooking for an investor for full financing. Rita stated that she and Mary looked for
\nalternative financing in November, 2017. They would like to refinance current building
\nand the new project. They are talking with Los Alamos National Bank using a rate of
\n4.5%.
\nMary talked about the Expansion and Replication School grant. Phase I met all criteria
\nexcept one. They are eligible for $900,000.00. Letter for Phase 1 is due March 5, 2018.
\nMary also stated that she is comfortable with a $50,000.00 monthly payment. Lease
\nReimbursement is currently $15,000-$16,000 per month. It was stated that
\nreimbursement is only for direct instruction.<\/p>\n
\uf0b7 Motion for Cutler Charitable Foundation to go forward on financing \u2013
\nPhillip Sapien
\n2 nd . \u2013 Chris Velasquez
\nMotion Approved
\nNext Meeting
\n\uf0b7 Monday, March 12, 2018 @ 5:30 p.m.<\/p>\n
Motion to adjourn \u2013 Kathy Webb
\n\uf0b7 2 nd . \u2013 Chris Velasquez
\nMotion Approved
\nMeeting adjourned at 6:55 p.m.<\/p>\n","protected":false},"excerpt":{"rendered":"
Members Present: Virginia Trujillo, President Chris Velasquez, Vice President Phillip Sapien, Member by phone Kathy Webb, Member Members Absent: Art Silva, Member Guests: Mary Tarango, Principal Tina Fritz, COO Kathy Potter Rita Hirschy Governance Council Called to Order by Virginia Trujillo at 6:00p.m. Roll Call \uf0b7 Quorum met. Approval of Agenda \uf0b7 Motion to approve […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[9],"tags":[],"_links":{"self":[{"href":"https:\/\/21stcenturypa.com\/wp\/index.php?rest_route=\/wp\/v2\/posts\/4440"}],"collection":[{"href":"https:\/\/21stcenturypa.com\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/21stcenturypa.com\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/21stcenturypa.com\/wp\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/21stcenturypa.com\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4440"}],"version-history":[{"count":1,"href":"https:\/\/21stcenturypa.com\/wp\/index.php?rest_route=\/wp\/v2\/posts\/4440\/revisions"}],"predecessor-version":[{"id":4441,"href":"https:\/\/21stcenturypa.com\/wp\/index.php?rest_route=\/wp\/v2\/posts\/4440\/revisions\/4441"}],"wp:attachment":[{"href":"https:\/\/21stcenturypa.com\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/21stcenturypa.com\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/21stcenturypa.com\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}