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Meeting Date:
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8/26/2021 - 5:30 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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9. Action on a Request to Approve the Lease Agreement with Milwaukee Excellence Charter School for the Douglas School Located at 3620 North 18th 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 Lease Agreement – Milwaukee Excellence at Douglas
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File Attachment:
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Background:
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The mission of Milwaukee Excellence is to educate students in grades 6 through 12 through rigorous academics and character education essentials for success so they can excel and graduate from four-year colleges and pursue the professions of their choice. The goal of Milwaukee Excellence is for its graduates to carry with them character traits formed by values and to be equipped with the scholarly habits necessary to navigate their personal lives while attending college.
On December 17, 2015, the Milwaukee Board of School Directors approved a non-instrumentality charter contract with Milwaukee Excellence to begin with the 2016-2017 school year at the McNair School facility. Recently, the Milwaukee Board of School Directors approved another five-year charter contract on June 27, 2021. Milwaukee Excellence has requested to lease an additional facility and expand their enrollment at Douglas School.
The Administration is requesting approval of the proposed lease agreement with Milwaukee Excellence that will extend the lease term from September 1, 2021, through June 30, 2022, which falls within the charter term contract.
The lease rent revenue shall be as follows:
September 1, 2021 – June 30, 2022 = $388,914
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Fiscal Impact Statement:
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There are no expenditures associated with this item. Total lease revenue for lease term is $388,914.
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Implementation and Assessment Plan
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Upon Board approval, the attached Lease Agreement with Milwaukee Excellence Charter School for the Douglas School Located at 3620 North 18th Street will be executed.
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Recommendation:
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Your Committee recommends that the Board approve the Lease Agreement with Milwaukee Excellence Charter School for the Douglas School Located at 3620 North 18th 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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