The Finance & Resource Development Committee was briefed on a legal invoice in the low $90,000 range related to mediation with the former foundation, and members agreed the matter should be discussed in closed session and brought back to the board for possible approval.
Speaker 2 disclosed that the organization has identified an outstanding legal fee "in the low nineties" and clarified that, in the executive director role, they "have not ever had a precedent of signing off on a $90,000 expenditure for a legal fee to the OAG's office." The speaker said the agency had set aside the funds in a non‑general account to cover that obligation but that final approval would come from the board; Speaker 2 said the item is scheduled for discussion on Thursday in closed session and that Eric would present additional details there.
Committee members asked follow‑up questions about the invoice period and invoicer. The invoice covers services from roughly July 24 through late September 2024, and when asked who had submitted the invoice Speaker 2 confirmed it was McGuireWoods. Richard Hall's firm was also referenced during follow‑up questions.
Because the committee indicated legal strategy and attorney‑client detail would be discussed with counsel present, staff said the mechanics of paying and any final dollar amount will be covered in closed session and presented for a formal board decision as appropriate.