DRAFT

MINUTES OF THE FIFTH MEETING OF

THE BOARD OF DIRECTORS OF

EAST BAY INNOVATION ACADEMY

(A California Non-Profit Public Benefit Corporation)

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  1. CALL TO ORDER

The directors named by the incorporator of the corporation named above, constituting the Board of Directors of this corporation, held their fifth meeting at the time, on the day, and at the place set forth as follows:

Time: 9:02 p.m.

Date: March 12, 2014

Place: Park Presbyterian Church, 4101 Park Boulevard, Oakland, CA

  1. DIRECTORS PRESENT

a. The following directors, constituting a quorum of the Board, were present at the meeting:

Present:Rochelle Benning

Laurie Jacobson Jones

Amber Banks

Kimberly Smith

Tali Levy

Absent: None

  1. PRELIMINARY CLOSED SESSION – Pursuant to Section 54957

i)Item: Public Employment TITLE: EBIA Executive Director

ii)Item: Public Employee Appointment TITLE: EBIA Executive Director

  1. DIRECTORS PRESENT – Resume Open Session 9:54 p.m.

a. The following directors, constituting a quorum of the Board, were present at the meeting:

Present:Rochelle Benning

Laurie Jacobson Jones

Tali Levy

Amber Banks

Kimberly Smith

Absent: None

b. Action item: At the next Board meeting, the board will take a vote to approve the minutes of the prior meeting, held on February 19, 2014.

  1. ACTION ITEMS FOR ORGANIZATIONAL MEETING OF THE BOARD
  1. 7th Grade Enrollment

Laurie Jones updated the Board. Application target were met and EBIA will move forward with 7th grade as planned.

  1. Recommendations for Year One (2013) Expenses

Rochelle Benning and Laurie Jones updated the Board that they have each decided to donate their planning year expenses to EBIA.

  1. Board Insurance – Pending, Reschedule for April 9, 2014

Laurie Jones has received one estimate, and other estimates are pending. Action Item: Laurie Jones to consult with CCSA and Aspire about sources for board insurance.

  1. ADDITIONAL ITEMS
  1. Budget Update

Rochelle Benning presented the Board with the preliminary financial model.

  1. Enrollment Update

The Board discussed current status of registration, which is on track according to the plan.

c.FACILITIES PLAN UPDATE

The Board discussed progress on discussions with the District through the Prop 39 process. The OUSD Board had a First Reading of an offer of the Thurgood Marshall site propsal for EBIA on March 12, 2014. A final vote on the facility offer will be held by the OUSD Board on March 26, 2014.

d.SYSTEMS UPDATE

There was a brief discussion of progress in this area, but in the interest of time, this discussion will be continued on April 9, 2014.

e.EMPLOYEE BENEFITS

Rochelle Benning was recused from the discussion of employee benefits.

Laurie Jones presented the Board with an initial plan for Kaiser, Delta Dental, and VSP with benefits commencing on July 1, 2014. Action Item: Laurie Jones to present further information at the next board meeting, April 9, 2014.

  1. NON AGENDA ITEM

Amber Banks requested a timeline of important dates at each Board Meeting. Action Item: Laurie will create a timeline and present the Board with a coversheet for subsequent meetings.

  1. ADJOURN: The meeting was adjourned at 10:40p.m. on motion of Laurie Jones, and seconded by Rochelle Benning, and carried by a vote of 5 Yes/0 No.

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CERTIFICATE OF SECRETARY

I certify that I am the duly elected Secretary of the East Bay Innovation Academy, a California nonprofit public benefit corporation; that these minutes, consisting of 3 pages are the minutes of the third meeting of the Board of Directors held on March 12, 2014.

______

Tali Levy, Secretary

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