60 likes | 169 Views
MINNETONKA SDA Church & MCA Constituency Meeting. Adventist Education @ Minnetonka - Vision for the Future. 1 - Given that . . . A small enrollment can not pay for current 40,000 square foot facility During the 2011-12 school year, the AAA program paid 50% of the operational costs
E N D
MINNETONKA SDA Church & MCA Constituency Meeting Adventist Education @ Minnetonka - Vision for the Future
1 - Given that . . . • A small enrollment can not pay for current 40,000 square foot facility • During the 2011-12 school year, the AAA program paid 50% of the operational costs • MWA is not paying any facility costs • In 2012-13, the charter school’s lease pays • 50% of the facility costs • Rent for 50% of the facility space used to supplement MCA’s academic program costs
2 - Given that . . . • The charter school [the current lessee] has requested more classrooms for their growing enrollment in 2013-14 • It is expected that they will probably not continue beyond their three year lease unless they leased 100% of the facility • The charter school will not be permitted to pay market lease rates
Recommend that the Church . . . • Consider the current MCA facilities a endowment • Utilize the income stream to provide funding for MCA facilities and program • Develop plans for a smaller school facility that could also be used as additional shared space
Recommend that the Church . . . • Develop an updated master plan for the church and school property • Develop a fund raising plan for the new sanctuary phase • Report to the Spring Church Business Session the results of its work and recommendations for – • Construction, financing and interim facility arrangements for a new school building phase • Fund raising, construction, & financing plan for the sanctuary phase
Enabling Resolution-Motion Carried • Whereas the GB and SOC have recommended that the offer by the MN Autism Center be pursued and the NashaShkolalease terminated in a synchronized fashion; therefore: • The Rental Committee is authorized to negotiate the termination of the NashaShkolalease the final terms of the MN Autism Center as outlined to the Constituency; and • The Minnetonka SDA Church Governing Board is delegated the authority to approve the final terms of such agreements; and • That the Minnesota Conference be asked to further authorize and execute such agreements as approved by the Governing Board.