Back to Basics Charter School Foundation, Inc.
Board of Directors Meeting
Wednesday, October 11, 2006
7PM
DRAFT
In attendance: Dr. Lew Kirk, Dr. Terrie Nolinske, Dr. Steve Shivers, Mrs. Margie Lanoue, Mr. Gil Schisler, Ms. Alba Mas, Ms. Lynne Volpe, Mr. Tom Ries, Mr. Gary Hocevar, Mrs. Nancy Hutson, Mr. Scott LaBaw. Absence-excused, Mrs. Lamb, Mr. Medero and Mr. Buford
· School Calendar – Mr. Hocevar stated that TCMS’ calendar is not ready to be discussed or voted upon till the SDHC has approved its calendar. Although charter schools can elect any calendar they want (with a minimum of 180 instructional days, per State Statute), the FCAT testing needs to match the SDHC. This vote is not necessary until January. Potential options were discussed, but a vote on the calendar will be postponed until the SDHC has finalized its calendar and holiday schedule.
a. Finance Committee: Mrs. Hutson noted that the next committee meeting would be held on October 25th at 7:00 pm to discuss the budget for next year. Mr. Schisler also pointed out the results (summarized pages 41-42) within the attached TCMS - Financial Statements report, performed by Rowlson & Company, P.A. (CPA). The summary indicated that there were no irregularities noted within the 2006 Financial Statements.
b. Development Committee: Mr. Vinny Medero was not present, so Mrs. Hutson presented a draft TCMS Naming Opportunity Policy to the board for consideration. Mrs. Lanoue noted that one of the suggested donation amounts, specifically the Maintenance Shed, seemed too high. All comments should be emailed to the committee prior to next month’s meeting for full board consideration (see attached report).
c. Building Committee: Ms. Mas reported that the engineering plans had been submitted to Hillsborough County – Planning and Growth Management Committee on October 1st. Their comments are due out by November 6th. Her complete report is attached; in summary we probably won’t have all of the sign-offs until after the first of the year.
d. Transition Committee: Mr. Schisler reported that they were preparing two charter packages for MOSI’s consideration. They should be completed soon and will be ready to submit in the near future. The loan commitment for $3,150,000 was received; the 7-page document was ready for signature. Mr. Schisler asked for approval to act on behalf of the board and sign the loan commitment document. Ms. Mas’ motion was seconded by Dr. Shivers, no discussion; approved unanimously. Mr. Schisler also noted that the Bond Underwriters’ owner and Bill Spivey would attend our next Board meeting. Once approved this will have to go before the Industrial Development Committee and then the Hillsborough County BOCC for its approval.
Minutes taken by Mr. Thomas Ries
Minutes respectfully submitted by __________________________________________
Thomas Ries, Board Secretary