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Meeting Date:
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5/10/2021 - 6:00 PM
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Category:
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Business Services
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Type:
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Action
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Subject:
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Accept and approve the AMENDMENT #4 to the contract between Broken Arrow Public Schools and Coca-Cola Southwest Beverages, LLC amending the entitled quarterly Sponsorship Funding allotments for 2020 through 2021. N. Eneff
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Enclosure
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Amendment #4
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File Attachment:
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Summary:
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Due to Covid-19 factors, to include lower in-person student learning, effective May 1, 2021 the Scholarship Funding payment due May 1, 2021 for the quarter ending April 30, 2021 shall be reduced from $17,500.00 to $13,007.04.
The Sponsorship Funding payment due February 1, 2021 for the quarter ending January 31, 2021 was reduced from $17,500.00 to $9,280.27.
On August 1, 2020 the Sponsorship Funding payment due August 1, 2020 for the quarter ending July 31, 2020 was reduced from $17,500.00 to $5,226.03.
For the quarterly payments in Agreement Year 3 due November 1, 2020, February 1, 2021, May 1, 2021, and August 1, 2021, Coca-Cola Southwest Beverages, LLC will make an adjustment in accordance with Section 12(d) of the Agreement to such payments proportionate to the percentage decreases in the average daily census for students on campus for in-person classes during the timeframe proceeding the payment then due. The District shall provide the average daily census for students on campus for in-person classes to Coca-Cola Southwest Beverages for the purpose of said adjustment.
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Funding:
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Activity Funds
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Recommendation:
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Approve
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Approvals:
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Recommended By:
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Signed By:
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Marsha Janey - Administrative Assistant
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Signed By:
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Natalie Eneff - Chief Financial Officer
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Signed By:
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Janet Vinson - Superintendent
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Vote Results:
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| Original Motion | | Member Jerry Denton Moved, Member John Cockrell seconded to approve the Original motion 'Approve'. Upon a Roll-Call Vote being taken, the vote was: Aye: 4 Nay: 0. | | The motion Carried 4 - 0 | | | | | Jerry Denton | Yes | | Steve Allen | Yes | | Brandy Roulet | Yes | | John Cockrell | Yes | |
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