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Board of Education
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Charlotte-Mecklenburg Board of Education
Agenda Item

Meeting Date
January 13, 2015

Agenda Item Title
Recommend Approval of Resolution to Lease Certain Property at James Martin Middle School to Berkley Group, LLC for a Cell Tower

Staff Present
Valerie Truesdale, Chief Officer, Technology, Personalized Learning and Engagement
Carol Stamper, Acting Associate Superintendent of Operations

Main Points
CMBE proposes to lease a portion of property owned by CMBE at James Martin Middle School to Berkley Group, LLC.

Fiscal Implications
Upon lease commencement, CMBE will have received $22,200 per year in rent (with 3% increases annually) for the five-year term of the lease.  Proceeds to James Martin Middle School will be $4,440 annually with a 3% increase per year. 

Agenda Item Type
consent items

Recommend approval of resolution as presented