Friday, December 15, 2006

SAD 3 approves formula for use of arts center funding
Morning Sentinel, December 13, 2006


(excerpt) Contributors who support a performing arts center for Maine School Administrative District 3 now have assurance their money will be spent as they intended, thanks to an agreement reached during Monday's school board meeting.

The district's board of directors unanimously approved a memorandum of understanding that outlines the role the group raising money for the arts center, Future MSAD 3, will have in the center's construction.

The agreement primarily guarantees the money Future MSAD 3 raises will only be used for the performing arts center and gives those raising the money a voice in deciding how the performing arts center takes shape. The agreement also outlines Future MSAD 3's payment schedule and allows the group access to expenses to help keep those who donate informed how their money is being spent.

Click on the title for the whole article.

0 Comments:

Post a Comment

<< Home