Renewal Term:  July 1, 2020 to June 30, 2025

Amendment:  None

Description:  Imhotep Institute Charter High School applied for renewal of its charter in the 2019-20 school year. A renewal evaluation of this charter school was completed by the Charter Schools Office in 2019-20 and the latest Annual Charter Evaluation with renewal recommendation was completed in 2020 (ACE-R - Renewal Recommendation).  The CSO has recommended a five-year renewal, effective July 1, 2020.  The renewal includes a condition requiring the charter school to provide: i) copies of all documents evidencing and related to the refinancing of loans related to the charter school's facility ("Loan Refinancing"), including any and all mortgages and other debt obligation documents signed by the charter school; and (ii) an affidavit setting forth all financial and non-financial covenants for the charter school applicable to the Loan Refinancing. The Board of Education will consider this application for charter renewal.

*Final Action Item #57 attached