CCS BOE: Resolution Approved To Lease 2 Buildings To Charter Schools
Wednesday, March 5th, 2008
The Columbus Board of Education passed a resolution at their most recent meeting that designates Linmoor Middle and Indianola and Medary Elementary schools as swing spaces and leases Kent, Linden Park and Second Avenue elementary schools to third parties which include two charters. The resolution also slates Pinecrest and Scioto Trail elementary schools for demolition and designates Wayne Elementary School for district storage.
Brentnell will be leased to the Charles School at Ohio Dominican University for $62,594.00 per year for a term of ten years. The rent will be capped so that it does not increase more that 13.5% as compared to increases in the consumer price index. Linden Park Elementary will be leased to the Knowledge Is Power Program (KIPP) for $55,345.50 per year under the same terms. Both entities are responsible for capital improvements, maintenance and utilities for the properties in addition to the yearly lease amounts.
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