Agenda Item #43
Florida Marketplace Lease Revisions
Lease revision negotiations for the facility lease have been completed and reviewed by School District Attorney, Harold Bistline.
The Florida Marketplace lease is for 18,085 sq. ft. of space for the South Area Adult Education program. The Fifth Amendment increases the current rate of $8.50/sq. ft./yr. to $10.50/sq. ft./yr. effective 7/1/12 and ending 6/30/13. Reference attachment for details.
Authorize revisions to the existing lease for the Florida Marketplace that will increase the lease costs for the Florida Marketplace by $2.00/sq. ft./yr. beginning 7/1/12 and ending 6/30/13.
Information - 2/28/2012
Consent after Information3/13/2012
Authority for Action
FS general powers and duties of the School Board
Involves Expenditure of Funds Directly in the Classroom
Source of Funding
John C. Wigley, Director of Adult/Community Education X375
Attachment: Fifth Amendment Lease for South Area Adult Ed..pdf