06-11-2013 Regular School Board Meeting
Agenda Item #7


Title
Sustainability of Palm Bay Academy Charter School

Discussion
Vicki Mace, Director of School Choice, and Judy Preston, Associate Superintendent of Financial Services, will present information regarding recent events at Palm Bay Academy Charter School, which may impact the school's future operation.

Recommendation


Meeting Date(s)
Resolution / Presentation - 6/11/2013

Authority for Action
FS 1001.42

Involves Expenditure of Funds Directly in the Classroom
No

Source of Funding
Agenda Item will not Require the Expenditure of Funds

FY
Amount
Budgeted
Fund
Cost Center
Project
Function
Object
Program

Contact

Vicki Mace, Director of School Choice, x395

Judy Preston, Associate Superintendent of Financial Services, x601




Attachment:  Sustainability of Palm Bay Academy Charter School.pdf
Attachment:  Notice to Holders of Draw on Debt Service Reserve Fund and Partial Interest Distribution.pdf
Attachment:  Palm Bay Academy Forbearance Agreement.pdf
Attachment:  Palm Bay Academy Long-Term Debt.pdf