“TEA shutting down Arlington charter school.” Star-Telegram (TX), 7/6/11
The Texas Education Agency is ordering Arlington's Metro Academy of Math and Science to shut down because of low academic accountability scores and poor financial performance.The TEA issued its order July 1, after the academy received academically unacceptable ratings for three of the past four years, plus three years of substandard financial reports. It lists $999,286 in debt for operating loans...The academy, at 1111 Gibbins Road, opened Aug. 15, 1995 as Metro Christian Academy and was founded by Mount Olive Baptist Church in Arlington. It became Metro Charter Academy and received a state open-enrollment operating charter. Mount Olive co-signed the academy's million-dollar loans and is equally liable for repaying the lender, which is Frost Bank...
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