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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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14. Action on a Request to Approve the First Amendment to the Lease Agreement Between Milwaukee Public Schools and Learning Links MGIS, LLC, for Space in Milwaukee German Immersion School Located at 3778 North 82nd Street
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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 First Amendment to the Lease Agreement –
Learning Links MGIS, LLC
2. Original Lease Agreement – Learning Links MGIS, LLC
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File Attachment:
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Background:
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In May 2017, the Board approved a lease agreement with Learning Links MGIS, LLC, for space at Milwaukee German Immersion School. Learning Links successfully supports the school community by providing before- and after- school day care for the students of Milwaukee German Immersion.
A first amendment to the lease agreement is being proposed to further clarify room allocation and use by Learning Links to fit the educational needs of German Immersion’s student population.
The following terms are also updated:
Lease term extended to June 30, 2019.
The lease rent revenue for the term, July 1, 2018, through June 30, 2019, is $13,977.00.
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Fiscal Impact Statement:
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There are no expenditures associated with this item. Total lease revenue for FY19 is $13,977.00.
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Implementation and Assessment Plan
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Upon Board approval, the attached first amendment to the lease agreement with Learning Links MGIS, LLC, shall be executed.
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Recommendation:
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Your Committee recommends that the Board approve the attached first amendment to the lease agreement with Learning Links MGIS, LLC, at Milwaukee German Immersion School, located at 3778 North 82nd Street.
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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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