December 10, 2022 at 12:00 PM - Regular Board Meeting
| Regular Board | |
| Attendance Taken on 12/10/2022 at 12:08 AM | |
| Dr. Cem Akkus | Present |
| Dr. David Akdemir | Present |
| Dr. Ismail Fidan | Present |
| Patty Farmer | Present |
| Dr. Richard Potts | Present |
| Veda Cherry | Present |
| Present: 6, Absent: 0 | |
| Minutes | |
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1. Presentation of the student clubs and organizations
Speaker(s):
Samuel Beyhan
Discussion:
The board was introduced to a selection of student clubs and organizations from MSE campuses.
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2. Welcome and call to order
Discussion:
These are the minutes of the board of directors of the Read Foundation (referred to as "Foundation"), a non-profit corporation. This meeting was held on December 10th at noon at MSE Central Office, 5885 Ridgeway Center Pkwy, suite #100, Memphis, TN 38120. |
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3. Attendance and quorum
Discussion:
The following members of the board were present
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4. Public Comments
Discussion:
None
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5. Director's report
Discussion:
The Executive Director provided his report to the board.
Attachments:
()
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6. Discussion of the central office construction update
Speaker(s):
Samuel Beyhan
Discussion:
The board discussed construction updates from the Central Office construction project.
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7. Discussion of the Board's annual training report
Speaker(s):
Samuel Beyhan
Discussion:
The Board discussed the annual training program. The board is 100% compliant.
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8. Review of YTD and budget report.
Speaker(s):
Greg Thompson
Discussion:
The Board reviewed the Year to Date and budget reports.
Attachments:
()
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9. Discussion of the charter school application
Speaker(s):
Samuel Beyhan
Discussion:
The board discussed the charter school application for an additional school in Nashville.
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10. Approval of the previous meeting minutes on Aug 27, 2022
Speaker(s):
Samuel Beyhan
Action(s):
No Action(s) have been added to this Agenda Item.
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11. Approval of the age-appropriate reading material policy
Speaker(s):
Gabriella Nelson
Action(s):
No Action(s) have been added to this Agenda Item.
Attachments:
()
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12. Approval of the 2023 Board meeting calendar
Speaker(s):
Samuel Beyhan
Action(s):
No Action(s) have been added to this Agenda Item.
Attachments:
()
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13. Approval of the alternative educator program MOU (Relay School)
Action(s):
No Action(s) have been added to this Agenda Item.
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14. Approval of the strategic plan vendor
Speaker(s):
Samuel Beyhan
Action(s):
No Action(s) have been added to this Agenda Item.
Attachments:
()
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15. Approval of the health benefits renewal agreement
Speaker(s):
Mugire Ayci
Action(s):
No Action(s) have been added to this Agenda Item.
Attachments:
()
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16. Approval of the Internal Control Policy update
Speaker(s):
Mugire Ayci
Action(s):
No Action(s) have been added to this Agenda Item.
Attachments:
()
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17. Approval of the Cordova vestibules project loan
Speaker(s):
Mugire Ayci
Discussion:
Mr. Ayci had preliminary discussions with First Horizon bank and Independence bank. First Horizon did not want to offer a loan to a school entity. Independence Bank's rate is around 9.2, per our phone conversation. Therefore, Regions bank is more advantageous to MSE, considering their rate and our positive relationships with them
Action(s):
No Action(s) have been added to this Agenda Item.
Attachments:
()
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18. Approval of the central office low-voltage installation vendor
Speaker(s):
Mugire Ayci
Action(s):
No Action(s) have been added to this Agenda Item.
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19. Approval of the student recruitment letter publisher
Speaker(s):
Mugire Ayci
Action(s):
No Action(s) have been added to this Agenda Item.
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20. Approval of the school finance platform purchase (PowerSchool E-Finance)
Speaker(s):
Mugire Ayci
Action(s):
No Action(s) have been added to this Agenda Item.
Attachments:
()
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21. Approval of the ERC grant application vendor (Cherry Bekaert)
Speaker(s):
Mugire Ayci
Action(s):
No Action(s) have been added to this Agenda Item.
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22. Approval of the 2022 FY school audit and Form 990
Speaker(s):
Mugire Ayci
Action(s):
No Action(s) have been added to this Agenda Item.
Attachments:
()
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23. Closing remarks and adjournment
Discussion:
The Board of Directors voted to adjourn the meeting at 2:00 pm.
Action(s):
No Action(s) have been added to this Agenda Item.
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Dr. Richard Potts, President