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Meeting Date:
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6/28/2018 - 6:30 PM
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Category:
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Report of the Committee on Accountability, Finance, and Personnel
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Type:
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Action
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Subject:
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11. Action on a Request to Approve a Lease Agreement with Banner Day Learning Corp. at the 35th Street School Building Located at 3517 West Courtland Avenue
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Strategic Plan Compatibility Statement:
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Goal 3 Effective and Efficient Operations
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Attachments
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1. Proposed Lease Agreement – Banner Day Learning Corp.
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File Attachment:
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Background:
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Milwaukee Pubic Schools and Banner Day Learning Corp. have a long-standing relationship: Banner Preparatory School of Milwaukee (Banner Prep) was established in fall of 2006 to provide a continuum of services for students who have been expelled from the district through a Central Office hearing process. Banner Prep is currently located at 4610 W. State Street. The current partnership contract specifies services for 125 seats for behavioral reassignment students in grades 9 through 12. The mission of Banner Prep is to provide an alternative small school setting for secondary level students when academic or behavioral issues have become major barriers in a student’s success in school.
The Administration is requesting approval of a lease agreement commencing on July 1, 2018, and terminating June 30, 2019, in order to provide space for the Banner Preparatory School of Milwaukee.
The lease rent revenue shall be as follows:
July 1, 2018 – June 30, 2019 = $119,424.00
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Fiscal Impact Statement:
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There are no expenditures associated with this item. Total lease revenue for the initial lease term is $119,424.00.
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Implementation and Assessment Plan
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Upon Board approval, the attached lease agreement between Milwaukee Public Schools and Banner Day Leaning Corp. shall be executed.
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Recommendation:
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Your Committee recommends that the Board approve the attached lease agreement with Banner Day Learning Corp., at the 35th Street School building, located at 3517 West Courtland Avenue.
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Approvals:
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Recommended By:
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Signed By:
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Jacqueline M. Mann, Ph.D. - Board Clerk/Chief Officer
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