The Classical Academy, Incorporated Board Meeting Minutes 2026-05-18
Board Authorizes $7.7M Facility Investment in Subsidiary LLC
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Description
The Board authorized up to $7.7 million in capital investment to Partnering With Parents LLC, a wholly-owned facilities company, for educational facility projects connected to Coastal Academy.
Contract Details
Contract Amount
Up to $7,700,000
Vendor
PARTNERING WITH PARENTS LLC
Agency
Coastal Academy Charter District, CA
Contract Type
FACILITIES
Document Date
May 18, 2026
Renewal Info
Ongoing investment; potential for funds to be returned upon sale or monetization of facilities, after obligations are met.
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