Agenda Item #19
Estoppel Certificate and Subordination Agreement for Edgewood Bus Lease
Transportation Services leases a small portion of the Home Depot Plaza Shopping Center in Merritt Island to park buses. The shopping center is being sold. Estoppel Certificates and Subordination Agreements are routinely required from existing tenants in such transactions.
The current owner has requested the School Board to execute the attached Estoppel Certificate and Subordination, Attornment and Non-Disturbance Agreement.
The School Board Attorney has reviewed the attached documents and approved the form of the documents.
Approve the attached Estoppel Certificate and Subordination, Attornment and Non-Disturbance Agreement for the existing lease at the Home Depot Plaza Shopping Center.
Consent w/o Information - 9/8/2015
Authority for Action
Involves Expenditure of Funds Directly in the Classroom
Source of Funding
Agenda Item will not Require the Expenditure of Funds
Dane Theodore, Assistant Superintendent, Facilities Services 633-1000 x450