that the Board approve the Internal Restrictions of Accumulated Surplus included within the Draft Consolidated Audited Financial Statements for the year ended June 30, 2024; and,β
that the Board of Education authorizes School District 44 (North Vancouver) to borrow from the Toronto-Dominion Bank up to a maximum of $17,850,000 for payroll services, employee expenses reimbursements, school funds transfers, vendor payments letters of credit and a line of credit.
and repeal the following resolution adopted September 24, 2013:
that the Board authorizes School District 44 (North Vancouver) to borrow from the Toronto-Dominion Bank up to a maximum of $8,350,000 for payroll services, employee expenses reimbursements, petty cash reimbursements, school funds transfers, vendor payments letters of credit and a line of credit.