Board of Education
Precis
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II.A.
 
Charlotte-Mecklenburg Board of Education
 
Agenda Item
 

Meeting Date
October 24, 2017

Agenda Item Title
Recommend Approval to Extend the Lease Term with a Third Party for an Additional Five Years to Continue to Use the Property to Operate the Harding University High School – RAM Academy or other Program. The Leased Property is Located at 3670 Dr. Carver Road, Charlotte, NC

Staff Present
Carol Stamper, Chief Operating Officer
Peggy Hey, Executive Director, Facilities Planning & Management


Main Points

​The Lease expires December 31, 2017. The proposed amendment will extend the current lease for an additional five years until December 31, 2022, at the same rental rate as the current rental rate. CMS can the terminate with 90 days notice.



Fiscal Implications
The rental rate is $97,752 per year.

Agenda Item Type
consent items


Motion
Recommend approval to extend the lease term with a third party for an additional five years to continue to use the property to operate the Harding University High School – RAM Academy or other program. The leased property is located at 3670 Dr. Carver Road, Charlotte, NC