E-Agenda: Paperless Meeting System
Back to Agendaspacer graphic
 

New Business - Real Estate

Title: RE-7 Approve Lease Agmnt with PBCC for Space at West Tech

Recommendation:
I recommend the School Board approve the Lease Agreement between the School District of Palm Beach County and the Palm Beach Community College for use of building and classroom space at West Technical School; and authorizing the Chairman and the Superintendent to sign all necessary documents.

Description:

 

·        The Lease Agreement consists of Palm Beach Community College leasing building 8 and one classroom in building 1 of the West Technical School for the College’s Construction and Cosmetology Programs.

 

·        The term of the Lease shall be for ten (10) years commencing on the date of execution and the School Board shall have the option to renew the lease for two (2) additional five (5) year terms.

 

·        The college shall be permitted to make renovations and improvements on the Leased Premises at no cost to the School District.

 

·        The College will maintain the improvements on the Leased Premises in good condition and repair at all times.

 

·        Annual rent for the term of the Lease shall be $1.00 per year.

 

Financial Impact:
There will be a positive impact of $1.00 per year.

For Additional Information, contact:
Joseph M. Moore (moorej@palmbeach.k12.fl.us)
Joseph M. Sanches

Attachments (list):
RE-7 West Tech Lease Agreement.pdf
RE-7 West Tech Checklist.pdf
Q&ARE7.doc

spacer graphic