Board considers designating Wentzville School District Foundation to receive developer contribution; some members question foregoing general‑fund recovery
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Summary
The board debated a motion to designate the Wentzville School District Foundation as the entity to receive contributions under an amended 2023 contribution agreement involving Bridal 364 Junction LLC, Calico LLC and Mia Rose Holdings LLC; some board members questioned why the district would not pursue litigation to recover funds for the general fund and whether the foundation agreed to accept the money.
Board member Speaker 11 moved that the board designate the Wentzville School District Foundation as the entity authorized to receive contributions payable under an amended contribution agreement dated Aug. 22, 2023, between the district and developers Bridal 364 Junction LLC, Calico LLC and Mia Rose Holdings LLC. The motion was seconded and sent to discussion.
Board members asked whether the foundation had agreed to accept the funds; staff replied that the foundation had agreed and would determine how the funds should be spent. One board member said they would not support the designation and lamented that the district had not pursued litigation to recover what they characterized as taxpayer funds, arguing that directing the money to a separate foundation meant funds would bypass the district general fund.
District counsel and staff explained the contribution agreement was part of a negotiated settlement entered into under the prior administration; the amendment removed a specific designated entity and substituted language allowing the district to designate an organization to receive the contribution. Staff said litigation carried risk that the district might not be guaranteed recovery, and the contribution agreement amendment reflected a negotiated resolution.
The transcript ends during discussion; the provided excerpt does not record a vote on the designation motion. The motion, its maker and seconder were recorded and further action may have occurred after the provided transcript segment.
What happens next Staff indicated the original agreement had been amended to allow the district to designate the recipient entity and that the purpose of the motion was to make that designation. The transcript does not show a final vote; next procedural steps were not recorded in the provided excerpt.