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Meeting Date:
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3/21/2024 - 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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10. Action on a Request to Terminate a Lease with Milwaukee Excellence Charter School at McNair School Building Located at 4950 North 24th 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 Termination of the Lease Agreement - Milwaukee Excellence at McNair
2. Second Amendment to Lease Agreement - Milwaukee Excellence at McNair
3. First Amendment to Lease Agreement - Milwaukee Excellence at McNair
4. Original Lease Agreement - Milwaukee Excellence at McNair
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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 charter education essentials for success so they are able to 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.
The Board approved a lease agreement with Milwaukee Excellence Charter School at McNair School Building, located at 4950 North 24th Street in April 2016. In June 2021 the Board approved the first amendment to the lease agreement. In May 2023 the Board approved the second amendment to the lease agreement. In November 2023, Milwaukee Excellence Charter School at McNair School Building requested to terminate their lease as of June 30, 2024.
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Fiscal Impact Statement:
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There are no expenditures associated with this item.
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Implementation and Assessment Plan
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Upon Board approval, the attached Termination of the Lease Agreement with Milwaukee Excellence Charter School at McNair School Building will be executed.
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Recommendation:
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Your Committee recommends that the Board approve the attached Termination of the Lease Agreement with Milwaukee Excellence Charter at McNair School Building.
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Approvals:
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Recommended By:
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Signed By:
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Jill Kawala - Interim Director/Board Clerk
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