BLease Agreements for 2024-2025

Background Information:

The following lease agreements are 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 a facility in the amount of $2,790 per month, paid to the Village of Kachemak-Selo for use as a school, on a continual year-to-year lease. This is one less facility in Kachemak-Selo than in prior years as the Borough is purchasing the property to construct the new school, scheduled move out of the facility is June 28^th.   

Razdolna School: KPBSD leases two facilities for use as a school. the lease of one facility is with Razdolna's Community, LLC, this is a two-year lease, expiring on June 30, 2025 in the amount of $5189.67 per month. The second facility is leased from the Village of Razdolna, Inc., expiring on June 30, 2025 for $610 per month, the renewal is in progress.

Ritchie Community Property Trust: Fireweed Academy leases a facility to expand their charter school program to include K-2 for the amount of $4,484.97 per month.  This is a one-year lease extension expiring in 2024.

Vosnesenka School: KPBSD leases a facility from the Voznesenka Community Council, Inc. for use as a school, in the amount of $11,229.43 per month.  An additional $3,290.04 per year paid in monthly instalments of $274.17 is paid for water.  This is in a five-year lease extension, expiring June 30, 2025.

Connections Homer: KPBSD leases a facility from Plymire Investments, LLC to house the southern peninsula home school program, in the amount of $4000 per month expiring in June 30, 2025.