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 for 18,085 sq. ft. of space for the South Area Adult Education program. The Fourth Amendment increases the current rate of $5/sq. ft./yr. to $6/sq. ft./yr. effective 7/1/11 and ending 6/30/12. Reference attachment for details.
Authorize revisions to existing lease for the Florida Marketplace that will increase the lease costs for the Florida Marketplace by $1/sq. ft./yr. beginning 7/1/11 and ending 6/30/12.
Information - 5/10/2011
Consent after Information5/24/2011
Authority for Action
Involves Expenditure of Funds Directly in the Classroom
Source of Funding
Cyndi Van Meter, Associate Superintendent - 633-1000 x300
Attachment: Florida Marketplace Lease Revisions.pdf