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Agenda Item

T.-13 22-1657A Approval by the Board of Education of Amendment No. 3, Lease Agreement by and between District and Kidango, Inc., for the latter's continued use of Buildings H & I at Castlemont High School to provide an early childhood education and family support program to low income children in the Castlemont High School community, with rent amount of $18,000.00 in the (Amended) Agreement of 2022-2023 changed as follows: - For 2023-24, the annual rent is $25,000. Payment Dates: 25% by August 1, 2023; 25% by November 1, 2024; 25% by March 1, 2024; 25% by June 1, 2024. - For 2024-25, the annual rent is $27,500. Payment Dates: 25% by August 1, 2024; 25% by November 1, 2024; 25% by March 1, 2025; 25% by June 1, 2025. - For 2025-26, the annual rent is $30,000. Payment Dates: 25% by August 1, 2025; 25% by November 1, 2025; 25% by March 1, 2026; 25% by June 1, 2026. and extending the term of the Agreement from July 8, 2020 through June 30, 2023 to June 30, 2026. All other terms and conditions of the Agreement remain in full force and effect.