}

Friday, September 12, 2014

BADA BING BADA BOOM! That's It, It's All Taken Care Of: A Tale Of "Urgency" MARK NOSS DID NOT STEP DOWN FROM ACADEMY BOARD BEFORE SPECIAL MEETING'S CRUCIAL VOTE TO FIRE SMART SCHOOLS MANAGEMENT, INC. AND HAND $4.0 MILLION DOLLAR CONTRACT TO NOSS & HIS FULL SPECTRUM MANAGEMENT COMPANY; HABERMEHL NAMED CHAIR, SIGNS FULL SPECTRUM CONTRACT



IS THERE A COVER-UP?
 
MARK NOSS WAS ACADEMY BOARD CHAIR DURING CRUCIAL VOTE AT EARLY MORNING "SPECIAL MEETING" TO FIRE SMART SCHOOLS MANAGEMENT, INC. AND TRANSITION TO HIS OWN MANAGEMENT COMPANY; HABERMEHL NAMED CHAIR, NOSS AND HABERMEHL SIGN FULL SPECTRUM CONTRACT SAME DAY, EXACT TIMING STILL UNCLEAR

Back on May 23, this blog examined comments made during the Grand Traverse Academy's May 2 Board of Directors meeting. The official meeting minutes show Attorney Doug Bishop explained the "contract with Full Spectrum was done out of urgency". 

Although it appeared that a "tick-tock" precisely describing the process employed to transition from federally-indicted Steven Ingersoll's Smart Schools Management, Inc. to former board president Mark Noss's newly-minted Full Spectrum Managment, LLC was unavailable, a recently released document Grand Traverse Academy Board document provides an important clue.

Back in May, I wondered how "urgency" drove the board's decision to hire former board president Noss, when it had been firmly established both on this blog and in the Traverse City Record-Eagle that the Academy's board and legal counsel had prior knowledge of Ingersoll's $2.38 million dollar management fee "overpayment"?

While I may not be able to fully answer that question, I did learn one thing: Mark Noss was still in charge of the Academy Board when its members voted unanimously during an early morning March 19 "special meeting" to "dissolve" its relationship with Steven Ingersoll's Smart Schools Management—a vote that resulted in Mark Noss being awarded a two-year contract to management the Grand Traverse Academy that could pay him up to $4.0 million dollars.

Conflict of interest, you say? What a surprise!

The Academy resolution, acquired after a Freedom of Information Act request, shows that Mark Noss was still Board chair when the "urgent" decision was made to dissolve the contract with Smart Schools—so that the Academy could execute "a Management Contract with Full Spectrum Management, L. L. C."
 
Later in the day (4:31pm, according to the fax time stamp), Noss filed an application with the State of Michigan to form Full Spectrum Management, L. L. C., and Michigan business entity records show March 20 as the new company's official formation date.

So, while I don't know precisely when Steven Ingersoll officially informed the Board of his impending federal indictment—an indictment Ingersoll's attorneys had been working to avert with plea deal negotiations that stretched over the previous year—I can tell you that Mark Noss filed an application to form his new management company the same day the Academy Board voted to boot Ingersoll from the building.

At a "special" 7:45am Board meeting, Noss, Brad Habermehl, Larry DeYoung, Lesley Werth and Kim Elliott all voted Ingersoll's Smart Schools out.

And then, with a little "presto change-o rearrange-o", Noss was out (from the Board) but back in control of the Academy.

But don't worry about Steve Ingersoll and Mark Noss...the duo still has the Excel Institute!

And Mark Noss still has Smart Schools' Gretchen Ingersoll (Steven Ingersoll's daughter-in-law) handling financials for Full Spectrum.

Breaking up is hard to do, I suppose!

Miss Fortune will update the transition "tick-tock" as soon as more information becomes available...

No comments:

Post a Comment