Sarasota County Schools
Agenda Item #35
Title
APPROVAL OF THE REQUEST BY THE SARASOTA ACADEMY OF THE ARTS CHARTER SCHOOL TO WAIVE THE CHARTER REQUIREMENT TO HAVE A LINE OF CREDIT
Description
The new Charter School, Sarasota Academy of the Arts, is requesting that the School Board waive the requirement at Section 4 (K) (4) of the Charter contract requiring the School to have a line of credit. If approved, this waiver shall apply to the 2013-14 school year only.
Recommendation
That the School Board grant the request of the Sarasota Academy of the Arts to waive the requirement to have a line of credit for the 2013-14 school year.
Contact
WHITE & ROCA
Financial Impact
N/A
Attachment: SAA waiver request - line of credit 7.23.13.pdf