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BOARD CORRESPONDENCE TO THE COMMUNITY
THE PRINCIPIA BOARD OF TRUSTEES
AN ANNOUNCEMENT
Interoffice Correspondence

Date:  November 9, 2007

To: The Principia Community
Fm: The Board of Trustees

During the Board of Trustees’ regularly scheduled meeting last week, we received a report from Stuart Jenkins regarding the status of the exploration of land-development options for the St. Louis campus.

The Board will continue to evaluate the possibilities for the property while a strategic plan for The Principia School is developed. Our goal is to determine the best course of action to benefit Principia, the city of Town & Country, and its residents. No further decisions are expected until the Board’s next regularly scheduled meeting in February 2008.

With the completion of the transition of the CEO's duties from Stuart to interim Chief Executive David Anable, Stuart has relinquished his role in this project. We appreciate Stuart's vision and his untiring efforts in pursuing this matter at the direction of the Board of Trustees.



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