HomeMy WebLinkAboutRes 03-11 WA Establishing a 5000 threshold amount for Capitalization of Assets WESTLAKE ACADEMY
RESOLUTION NO. 03-11
A RESOLUTION OF THE BOARD OF DIRECTORS OF WESTLAKE
ACADEMY ESTABLISHING A THRESHOLD OF $5,000.00 PER ITEM FOR
THE CAPITALIZATION OF ASSETS.
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE WESTLAKE
ACADEMY:.
SECTION 1: That the Board of Directors of Westlake Academy does hereby
establish a threshold of$5,000.00 per item for the capitalization of assets.
SECTION 2: That this Resolution shall become effective upon the date of its
passage.
PASSED AND APPROVED ON 'PHIS 28TH DAY OF JULY 2003,
ATTEST: Scott Bradley, Chairman
ding`er Crosswy, Secret Trent O. Petty, Chief Executive Officer
APPROVED AS TO FO
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