Aug 07, 2020
Greg Bury reports on the results from the board meeting scheduled for Thursday, August 6, 2020
MontClair Avenue, Bethlehem, PA; circa 1980
Jul 31, 2015 12:00 PM
The meeting (schedule for August 6, 2020) was held, with some fifteen Board & Voting members attending.
Floor discussion included questions regarding the timing of the sale offer, and possible negotiation/alternatives prior to commitment.
Though a tally of proxy votes and attending members indicated a majority in favor of sale; the Board voted to table the motion, to provide time for further consideration & dialogue. The Board instead approved a motion to open negotiations to sell the property. When this is finished, there will be a second meeting to approve the final negotiations and further discuss scholarship options. More information will follow as we work through each step, and Board elections will be held during the Annual Meeting in November.
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