BLease Agreements for 2017-2018
Item Details
- Meeting
- June 5, 2017 – Board of Education Meeting Agenda
- Category
- 9. Reports
- Type
- Information item
Public Content
The following are lease agreements currently in effect for the Kenai Peninsula Borough School District. These leases are negotiated and agreed to strictly between the School District and the lessee. They were not let out for proposals.
Boys & Girls Club: Agreements between the KPBSD and the Boys & Girls Club of the Kenai peninsula for sharing space. KPBSD leases a portion of old Kenai Elementary building to the Boys & Girls Club in the amount of $850/per month.
Kachemak Selo School: KPBSD leases two facilities for use as a school, on a continual year-to-year lease. The lease of one facility is in the amount of $2,790/per month, paid to the Village of Kachemak Selo; the second facility is leased for the amount of $1,350/per month, paid to Nikita Kuzmin.
Razdolna School: KPBSD leases two facilities for use as a school. The lease of one facility is in the amount of $2,793/per month; the second facility is leased in the amount of $1,551.70/per month. Payments are made to Razdolna's Community, LLC. This a five-year lease, expiring on June 30, 2019.
Ritchie Community Property Trust: Fireweed Academy leases a facility to expand their charter school program to include K-2. Contract for FY18 is currently being negotiated.
Voznesenka School: KPBSD leases a facility from the Voznesenka Community Council, Inc. for use as a school, in the amount of $6,499.44/per month through June 30, 2017. this amount shall be increased by two percent per year beginning July 1, 2016 and each July 1 thereafter until the lease is terminated. An additional $2,804/per year paid in monthly installments of $234 shall be paid for water. This amount shall also be subject to a two percent annual increase effective July 1, 2017. This is a five-year lease, expiring June 30, 2020.