Ivy Preparatory Academy

Finance Committee

Regular Meeting - Tuesday February 9th, 2021 @5:45 PM

Meeting Minutes

Attendance Summary

Name Status Arrival Time Departure Time
Victor Tate (board member) present member On Time At Adjournment
Dr. Charcia M. Nichols (NON-voting; Executive Director) present ex-officio On Time At Adjournment
Mrs. Laticia Sharp (NON-voting; Chief Financial Officer) present ex-officio On Time At Adjournment

The Meeting was Adjourned

The meeting adjourned at approximately 3:20 pm

Motion to adjourn

There was no notable discussion on the motion.

Welcome and Call to Order

The meeting was called to the order by Victor Tate at 6:45 p.m.

Finance Committee Work Session

CFO- Financial Report and Updates - Mrs. Sharp


The finance committee discussed the following items:

Facilities, Contracts for Tenants, Policy, and the Adjust Bond


  1. Future Tenant Contract and update to space
  2. Reviewing the Tenant Contract
  3. Discuss and review the document to adjusting the bond with the lender
  4. Credit Card Policy
  5. Board Fundraiser