BVoznesenka School Five-year Lease Extension
Item Details
- Meeting
- March 2, 2020 – Board of Education Work Sessions
- Category
- 2. Work Sessions
- Type
- Information item
Public Content
Background Information:
Voznesenka School: KPBSD currently leases a facility from the Voznesenka Community Council, Inc. for use as a school, in the amount of $6,897.26 per month through June 30, 2020. This amount shall be increased by two percent per year each July 1 thereafter until the lease is terminated. An additional $2,979.84 per year paid in monthly installments of $248.32 shall be paid for water. This is a five-year lease, currently expiring June 30, 2020. The lease provides KPBSD the option to renew the lease for up to two additional five-year periods with the same terms and conditions as the existing lease. This option would renew and extend the lease to June 30, 2025.