Review Agenda Item
Meeting Date: 8/25/2022 - 6:00 PM
Category: Finance and Operations
Type: Action
Subject: 9.14 Resolution of the Board Of Education Of the The City of Newark, Essex County, Authorizing and Approving Lease Agreement With Newark Boys Chorus School
Strategic Plans:
Priority 1.5
1.5 Develop a capital strategy aligned with the Long-Range Facilities Plan and strategic plan to modernize all facilities, and plan for enrollment projections, academic programs, and community needs.
Enclosure Lease Agreement-Newark Boys Chorus
File Attachment:
Summary: WHEREAS the Newark Board of Education, the owner of the Demised Premises at 230 Broadway, Newark, New Jersey has offered to lease a portion of the Demised Premises to Newark Boys Chorus School, located at 1016 Broad Street, Newark, New Jersey. The term of the lease shall be two (2) years and commence on August 1, 2022 and end on July 31, 2024, with one (1) option to extend the lease for a two (2)year term.

WHEREAS, the recommendation has been reviewed and approved by Ms. Valerie Wilson, School Business Administrator.
Funding : At no cost to the district
Recommendation to the Board: Now, Therefore, Be It Resolved, The Newark Board of Education hereby approves the Lease Agreement and authorizes the Board President to execute the Agreement in accordance with the terms set forth in the agreement.

Year One: 169,632.00

Year Two: 199,632.00
Approvals:
Recommended By:
Signed By:
Zondria Bey - Clerk 3
Signed By:
Elvis Matos - Director of Budget
Signed By:
Krystle Whitlock - Assistant Business Administrator
Signed By:
Valerie Wilson - School Business Administrator
Signed By:
Roger León - Superintendent
Vote Results:

Original Motion
Member Josephine Garcia Moved, Member Daniel Gonzalez seconded to approve the Original motion 'Now, Therefore, Be It Resolved, The Newark Board of Education hereby approves the Lease Agreement and authorizes the Board President to execute the Agreement in accordance with the terms set forth in the agreement.

Year One: 169,632.00

Year Two: 199,632.00'. Upon a Roll-Call Vote being taken, the vote was: Aye: 8 Nay: 0.
The motion Carried 8 - 0
   
Josephine Garcia     Yes
Flohisha Johnson     Yes
Dawn Haynes     Yes
Asia J. Norton     Yes
A'Dorian Murray-Thomas     Yes
Vereliz Santana     Yes
Daniel Gonzalez     Yes
Crystal Williams     Yes