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Meeting Date:
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5/25/2023 - 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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7. Action on a Request for Authorization to Enter into a Lease Agreement with the Milwaukee Youth Arts Center, Inc., for Parking at Golda Meir Property Located at 1555 N. Dr. Martin Luther King Jr. Drive
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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. Lease Agreement - Milwaukee Youth Arts Center
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File Attachment:
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Background:
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Milwaukee Public Schools (MPS) and the Milwaukee Youth Arts Center (MYAC) have an excellent working relationship that supports student learning, high student performance, and a focus on services and programming in the arts. MYAC has a direct working relationship with the Golda Meir program, and both programs share resources on an as-needed basis.
MYAC has shared the use of its space for music training and workshops for our teachers. It has also provided programming as a part of the MPS Partnership for the Arts and Humanities. Based on its close proximity to Golda Meir, it has developed a strong partnership to provide arts programming specifically in the areas of theatre and dance.
As part of this long-standing relationship, MYAC has leased a parking lot located at the southwest corner of North 4th Street and West Galena Avenue and is looking to renew this agreement to assist with its overflow parking.
The use of parking facilities is non-exclusive and is restricted to parking of vehicles owned or operated by its employees, guests, and invitees after normal school hours Monday through Friday and all day on Saturday and Sunday. MYAC’s use shall not interfere with normal school operations or special events of the school or the district.
The annual lease rate is $1.00. In return, MYAC shall provide educational services as may be mutually agreed to for Golda Meir or other schools. Such services shall be at no cost to the school(s).
There is language within the lease that will allow the district to terminate the lease to accommodate the expansion at Golda Meir or any other long-term district needs.
Lease Term: July 1, 2023, through June 30, 2026
The lease rent revenue shall be as follows:
July 1, 2023-June 30, 2024 = $1.00
July 1, 2024-June 30, 2025 = $1.00
July 1, 2025-June 30, 2026 = $1.00
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Fiscal Impact Statement:
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There are no expenditures associated with this item. Total lease revenue for the lease term is $3.00.
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Implementation and Assessment Plan
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Upon Board approval, the attached Lease Agreement with Milwaukee Youth Arts Center will be executed.
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Recommendation:
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Your Committee recommends that the Board approve the attached Lease Agreement with Milwaukee Youth Arts Center.
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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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