|July 11, 2018 CUSD Special Board Meeting: Revocation of Oxford Preparatory Academy|
Trustee of the Capistrano Unified School District and the new Oxford Prep Board compromise to ensure educational opportunity for 800 OPA students for the 2018-19 academic school year.
The Board voted to allow CUSD and OPA have until July 25, 2018 to draft an MOU that would allow Oxford Prep to complete the 2018-19 academic year while the new Board works to meet fiscal management and oversight criteria set by CUSD.
Two Items will be brought back to the July 25, 2018 CUSD BOT meeting:
1) An MOU that would allow OPA to complete the 2018-19 academic school year while the new Board works to complete its corporate governance structure, and
2) A Revocation of OPA's Charter.
If the MOU is approved, the revocation will not be voted on.
OPA's charter is up for renewal at the end of the year. If the MOU is executed and OPA gets its fiscal house in order, they will be set to apply for their charter renewal starting in March in preparation for the 2019-20 academic school year.
This "mutually beneficial" approach will also give CUSD time to feel confident that the OPA Board can ensure fiscal solvency and transparency going forward.
A win win for everyone.
The MOU will be based on the Districts needs as stated in Column 3 of Exhibit #1 page 5- 19 of 124.
CUSD Trustees voted 7-0 to direct staff to work with OPA to complete an MOU by the July 25, 2018 CUSD BOT meeting.
Motion to approve MOU by Trustee Gary Pritchard
Second by Trustee Judy Bullockus
July 11, 2018 CUSD Special Board Meeting: Revocation of Oxford Preparatory Academy
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