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Title: Recommendation: Description: Pursuant to the terms of the Mediation Agreement and Settlement Agreement between the FLDOE, the District and Riviera Beach Academy, this Contract is the conversion of Riviera Beach Academy from a charter school to a private provider alternative education school. The goal of the program is to work in partnership with the School District to provide educational services to approximately 208 middle school students who meet the necessary criteria for alternative education programs. Students will be provided middle school courses designed to enable them to progress from grade to grade. Students will be evaluated through the Common Assessments, SSS District Diagnostics, SRI Interactive Reading, STAR math and FCAT tests. The School District will provide the initial set of textbooks, food services, and transportation. Additionally, the School District will provide support in staff training and other assistance as delineated by the contract. The new alternative school shall become effective upon the signing by both parties, and shall cover a term of two (2) years commencing on December 15, 2005 and ending on June 30, 2007 except as otherwise provided in their Contract and the Settlement Agreement and Release. Due to the large number of pages, copies of the Settlement Agreement and Release and the Contract are on file in the Board Minutes Office for review. Financial Impact: Current basis for the funding shall be the sum of the School District's operating funds from the Florida Education Finance Program (FEFP)). The Alternative School will receive 95% of the total revenue and the average allocation per student is approximately $5,000. The total administration fee charged by the School District to Riviera Beach Academy shall be five percent (5%) of the available revenue. Funding adjustments to account for any overages caused by the difference between funding based on projected enrollment, versus funding based on actual enrollment shall be reimbursed by the alternative school to the District in the following method of payoff. Forty percent (40%) of the [charter school's] current total debt ($81,300) shall be paid in monthly installments during the term of the contract. The remaining 60% of the debt, in the amount of $121,950, shall be paid in one installment at the expiration and/or termination of the contract. For Additional Information, contact: Attachments (list):
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