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Utah State Board of Education approves charter school revolving loans for Azure Fields and Virtual Horizons
Summary
The board approved revolving loans of $200,000 for Azure Fields and $100,000 for Virtual Horizons; the funding matched recommendations from the state charter school board and passed 12–3.
The Utah State Board of Education voted to approve charter school revolving loans of $200,000 for Azure Fields and $100,000 for Virtual Horizons during its finance report discussion.
Chair Davis introduced the measure, saying, “This first one is a motion that the board approve charter school revolving loans in the amounts of 200,000 for Azure Fields and 100,000 for Virtual Horizons.” She noted the amounts mirrored recommendations from the state charter school board.
A clerk restated the motion before the vote. Following a brief technical issue with a voting device, the board recorded the motion as passing 12 in favor and three opposed; the three recorded no votes were Member Brenton, Member Boggas and Vice Chair Ballinger.
The loans were presented as part of a light finance committee report; no mover or seconder was named on the record during the discussion. The meeting then moved on to other finance business after the vote.
