Fulton Science Academy's Angela Lassetter says Wells Fargo's demand is in attorneys' hands now. A payment agreement, new investor or selling the land for the proposed building are some possible solutions.
UPDATE June 28, 5:30 p.m.: Fulton Science Academy Board of Governors member Angela Lassetter said today the schools can pay back the $18.9 million in bonds. Lassetter spoke about FSA's future as a private school, a school system audit report and her school's investigation and response to that report in an interview this afternoon. Wells Fargo Bank, the bond investor, sent out a "Notice of Acceleration" on June 25 by certified mail to the Development Authority and the three schools involved: Fulton Science Academy (middle school), Fulton Sunshine Academy (elementary school) and Fulton Educational Services (Fulton Science Academy High School). The bank's notice, sent by Virginia Anne Housum, a vice president for Wells Fargo, said the …
34.060831
-84.308752
Fulton Science Academy Middle School
1675 Hembree Rd, Alpharetta, GA
/articles/investors-recall-fulton-science-academy-bonds-70ad6046
1124290
/locations/7344720
Not all methods require voter approval.
Milton City Council learned from consultants on Aug. 8 how the city could fund its proposed $5.8 million public safety building with and without voter approval. Finance Director Stacey Inglis introduced the consultants, Dianne McNabb and Michael McDonald of PMF, who explained the five financing methods. "We are an independent financial adviser working with governments in Georgia," McNabb said. The company works with local governments to ensure they have the best options "[we] issue loans to ensure that they have the best, most efficient options." The consultants explained the advantages and disadvantages of five financing alternatives: Pay GO Private placement/Bank loan General Obligation Bonds Public Facilities Authority Revenue Bonds …
34.09603
-84.26627
Milton City Hall
13000 Deerfield Pky, Alpharetta, GA
/articles/milton-city-council-considers-how-to-pay-for-a-public-safety-building
1127618
/locations/5049898
66chevelle
12:57 am on Wednesday, July 4, 2012
Kellie, why would they teach your kid about a movement which they take great pains to deny any association with? Do you really think it would help in furthering their Byzantine scheming to have your son come home and tell you about the wonderful man named Fethullah Gulen? Gulen already has his adherents well-seeded among the staff and management of his schools. The Gulen cult's main thrust is the… more ›