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Meeting Date:
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Category:
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Type:
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Subject:
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8. Action on a Request to Approve the Third Amendment to the Lease Agreement with the Milwaukee Bicycle Collective, Inc., for Use of Merrill Park Field House |
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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 Third Amendment to the Lease Agreement - Milwaukee Bicycle Collective, Inc.
2. Second Amendment to the Lease Agreement - Milwaukee Bicycle Collective, Inc.
3. First Amendment to the Lease Agreement - Milwaukee Bicycle Collective, Inc.
4. Original Lease Agreement - Milwaukee Bicycle Collective, Inc. |
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File Attachment:
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Background:
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The Milwaukee Bicycle Collective, Inc., is a 501(c)(3) non-profit organization with a mission of making bicycling accessible to all. Milwaukee Bicycle Collective, Inc., is a volunteer driven organization that has partnered with Milwaukee Public Schools to provide the district with valuable resources for bicycle repair and instruction, as well as refurbished bicycles, parts, and accessories.
Milwaukee Public Schools bicycling programs within the Department of Recreation and Community Services and the Department of Curriculum and Instruction – Health and Physical Education do not have adequate resources to repair and service the bicycles owned by the district for student use. The agreement with the Milwaukee Bicycle Collective, Inc., further ensures all Milwaukee Public Schools children involved in the district’s bicycling programs are using safe equipment while also providing the Milwaukee Bicycle Collective, Inc., with needed storage space to provide this valuable service.
The Board approved a lease agreement with the Milwaukee Bicycle Collective, Inc., in June 2018, a First Amendment in 2019 and a Second Amendment in 2021 to further advance their work with Milwaukee Public Schools in providing services to students that promote growth and create additional opportunities for future success. The Administration is requesting approval of a Third Amendment to the Lease Agreement with Milwaukee Bicycle Collective, Inc., for a two-year term.
Lease Term: July 1, 2023–June 30, 2025
The lease rent revenue shall be as follows:
July 1, 2023 – June 30, 2024 = $1.00
July 1, 2024 – June 30, 2025 = $1.00 |
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Fiscal Impact Statement:
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There are no expenditures associated with this item. Total lease revenue is $2.00. |
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Implementation and Assessment Plan: |
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Upon Board approval, the attached Third Amendment to the Lease Agreement between Milwaukee Public Schools and the Milwaukee Bicycle Collective, Inc., shall be executed. |
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Recommendation
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The Administration recommends that the Board approve the attached Third Amendment to the Lease Agreement with the Milwaukee Bicycle Collective, Inc., for use of Merrill Park Field House. |
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Approvals:
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Recommended By: |
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Signed By: |
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Shannon Agor - Administrative Assistant III |
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Signed By: |
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Sean Kane - Senior Director - Facilities & Maintenance Services |
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Signed By: |
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Michele Wilborn - Budget Analyst |
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Signed By: |
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Katrice Cotton, Ed.D. - Chief School Administration Officer |
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Signed By: |
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Keith Posley, Ed.D. - Superintendent |
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