Regular Meeting
Odyssey Charter School
6510 Zane Ave. N.
Brooklyn Park, MN55429
June 6, 2001
6:30 P.M.

Call to Order A regular meeting of the Odyssey Charter School Board of Directors was held on Wednesday, June 6, 2001 in the "Z" room at Odyssey Charter School. The meeting was called to order at 6:35 p.m. and facilitated by Tony Spears.

Roll Call The following Board members were present: Tim Wollenzien, Nathan Disch, Tony Spears and Lyle Clemmenson. Absent Board member was Jeni Holm.

Additions to Agenda There are no additions to the agenda for the meeting of June 6, 2001.

Acceptance of Agenda A motion by Lyle Clemmenson, seconded by Nathan Disch to accept the printed agenda. The motion carries unanimously.

Community Comments No community comments were offered at this meeting on Wednesday, June 6, 2001.

Consent Agenda A motion by Lyle Clemmenson, seconded by Nathan Disch, to approve items in the Consent Agenda as follows:

Approval of the minutes of the regular meeting of May 16, 2001

A motion by Lyle Clemmenson, seconded by Tim Wollenzien, to approve the minutes of the regular meeting of May 16, 2001. The motion carries.

Commit to LAWCO for the audit for FY 2000-01

A motion by Lyle Clemmenson, seconded by Nathan Disch to approve LAWCO for the 2000-01 FY audit. The motion carries.

Old Business Board Elections of officers and committee assignments

A motion by Lyle Clemmenson, seconded Tim Wollenzien to close the nominations and elect Tony Spears for Chair of the Board of Directors. Motion carries.

A motion by Lyle Clemmenson, seconded by Tony Spears to accept the following Board assignments:

Vice Chair - Tim Wollenzien

Treasurer/Finance Committee responsibilities - Jeni Holm

Secretary - Nathan Disch

Motion carries.

Committee assignments will be tabled to another meeting. The Board will discuss the function of the committees.

Approval of Budget numbers for SY 2000-01

The budget numbers represent the auditor's position for the audit (revised). A motion by Lyle Clemmenson, seconded by Nathan Disch to approve the budget numbers. Motion carries.

New Business Financial Committee work

The additional space hasn't changed much since last meeting. Odyssey should know more this week.

Administrative Report

The Clay Center is bringing closure to the school year.

Approval of budget FY 2001- 2002

Tony Spears summarized the conservative estimate for revenues of $1,505,319 at 100% funding. A motion by Tim Wollenzien, seconded by Lyle Clemmenson, to approve the Elementary budget and expenditures of $1,475,650. Motion carries.

Discussion: Concern over approval of budget that could be a deficit.

Summarized the budget for the Secondary program.

A vote of confidence on the Board to move ahead with the Secondary space relocation. All members present voice out loud their opinions and feelings.

A motion by Lyle Clemmenson, seconded by Nathan Disch to approve the Secondary budget.

A caveat/condition to be adjusted later to either zero out or a positive balance. Motion passes unanimously.

A motion by Lyle Clemmenson, seconded by Nathan Disch, to meet the third Wednesday of each month. The Board Meetings, through August, 2001 are as follows:

June 20 Regular meeting canceled

July 18 Regular meeting at 6:30 p.m.

August 15 Regular meeting at 6:30 p.m.

Adjournment: Motion by Lyle Clemmenson, seconded by Tim Wollenzien to adjourn at 8:15 p.m. Motion carries.

Next meetings: Next Regular meeting is Wednesday, July 18, 2001, at 6:30 p.m. At Odyssey Charter School.