Mountain View Whisman School District
Agenda Item for Board Meeting of 5/4/2023
Agenda Category: CONSENT AGENDA
Agenda Item Title: Third Amendment to the Joint Use Lease Agreement with Action Day Nurseries & Primary Plus at Cooper School Site
Estimated Time:
Person Responsible: Rebecca Westover, Ed.D., Chief Business Officer
Background:
Action Day/Primary Plus has been a long-standing tenant in the District since 1981. The current agreement expires June 30, 2023. Action Day would like to extend that agreement for additional 5 years.
The Third Amendment to the Joint Use Lease Agreement would extend the current term to expire June 30, 2028. The additional 5 years would see an increase in the rent paid. The third amendment also includes additional rent for a land lease. The land lease will allow Action Day/Primary Plus to place 7 additional portables.
Fiscal Implication:
Over a 10 year period, the District will collect from Action Day/Primary Plus approximately $4,340,397.82 in addition to their annual rent of $744,942.76 in 2022-2023.
Recommended Action:
It is recommended that the Board of Trustees approve the Third Amendment 2023-2028 with Action Day/Primary Plus at Cooper School Site.
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