Mountain View Whisman School District

Agenda Item for Board Meeting of 5/29/2025

Agenda Category:  ACTION AND DISCUSSION

Agenda Item Title:  (Action) Bylaws for MVW Residences Corporation

Estimated Time: 

Person Responsible: 

Jeff Baier, Superintendent

Peter Ingram, District Housing Consultant

Rebecca Westover, Chief Business Officer

Background: 

At the March 27 Board of Trustees Study Session, the governance team agreed upon several "Success Criteria" for the lease-up and stabilization of the MVW at the Sevens staff housing project. In the ensuing discussion, the Board's consensus was to move ahead quickly to cause the formation of a non-profit 501(c)(3) corporation to govern staff housing into the future. The desired model for implementation is the Jefferson Union High School District's Educational Housing Corporation, which has been operating for three years.

At the April 24 regular meeting of the Board of Trustees:

• Approved Resolution No. 06-042425 Approving the Formation of a Non-Profit Corporation to Govern Staff Housing at 699 N. Shoreline Blvd. (MVW Residences Corporation - or "Corporation")

• Approved Articles of Incorporation

• Discussed and gave direction - Bylaws of the Corporation

For the Board's consideration the Bylaws have been revised to respond to Trustees questions and comments on April 24.