Created : July 30, 2014 at 01:13 PM
June 09, 2014
Status:
Open Agenda
Approve the Parking Sublease Agreement between The School Board of Broward County, Florida (SBBC) and Hope South Florida, Inc. for employee parking at North Side Elementary School.
Due to overcrowding on the North Side Elementary School site, the School Board has had to lease additional employee parking spaces from the church located on the north side of Northeast 11th Street since 2002.
The current Sublease Agreement between SBBC and Hope Florida, Inc. (formerly known as The Shepherd?s Way, Inc.) commenced on August 17, 2009 and expires on August 16, 2014. This Sublease Agreement is for a term of five (5) years commencing on August 17, 2014 and expiring on August 16, 2019 with a ninety (90) day cancellation clause by either party. The rent remains at $7,000 per year, the same rate as the previous five (5) year term.
This Agreement has been reviewed and approved as to form and legal content by the Office of the General Counsel.
The financial impact to the School District is $7,000 per year, which is funded in the Adopted District Educational Facilities Plan (DEFP), FY 2013/2014.
Requested Action
Approve the Parking Sublease Agreement between The School Board of Broward County, Florida (SBBC) and Hope South Florida, Inc. for employee parking at North Side Elementary School.
Summary
Due to overcrowding on the North Side Elementary School site, the School Board has had to lease additional employee parking spaces from the church located on the north side of Northeast 11th Street since 2002.
The current Sublease Agreement between SBBC and Hope Florida, Inc. (formerly known as The Shepherd?s Way, Inc.) commenced on August 17, 2009 and expires on August 16, 2014. This Sublease Agreement is for a term of five (5) years commencing on August 17, 2014 and expiring on August 16, 2019 with a ninety (90) day cancellation clause by either party. The rent remains at $7,000 per year, the same rate as the previous five (5) year term.
This Agreement has been reviewed and approved as to form and legal content by the Office of the General Counsel.
School Board Goals
| Goal 2: Continuous Improvement |
Financial Impact
The financial impact to the School District is $7,000 per year, which is funded in the Adopted District Educational Facilities Plan (DEFP), FY 2013/2014.
Source of Additional Information
Chris Akagbosu 754-321-2162
Associated File Attachments
