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Sierra Summit Academy
Sierra Summit Academy was a charter school in Hereford, Arizona, near the larger town of Sierra Vista. The school opened in 2001 and closed in August 2011.
==Closure==
In August 2011, the founders of Sierra Summit Academy returned the charter to AZ Charter board, due to financial difficulties. On August 8th, Arizona State Board for Charter Schools, the state regulator for such institutions, received an email stating that due to the loss of location (mortgage payments were too high), the school had unexpectedly closed without proper notification and the principal resigned. Also, state funding that had been granted for fiscal year 2012 (intended for the instruction of students in the 2011-2012 school year) had not been returned to the state. In addition, the school was not in good standing with the Arizona Corporation Commission, as their 2011 annual report was never filed, and the mailing address on file for the school was undeliverable; this forced the dissolution of the non-profit corporation that operated Sierra Summit. The state then filed a notice of intent to revoke the charter, and the two parties agreed on a voluntary surrender agreement of the contract.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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