Q&A
Lease agreement details for the affected centers
2:06:26
ยท
48 sec
Council Member Rita Joseph inquires about the lease agreements for the five affected early childhood care centers. Cora Liu from the School Construction Authority provides details on the lease extensions.
- Leases have been extended until the end of the school year, not on a month-to-month basis
- One of the five centers has a lease expiration in 2028
- The other four centers will have their leases extended in the same way until the end of the school year
Rita Joseph
2:06:26
And we know that you're not renewing you're doing a month to month negotiation with the landlord, is that correct?
Cora Liu
2:06:34
We actually have been able to extend the lease until the end of the school year, that we're not doing month by month negotiation with the landlord.
Rita Joseph
2:06:41
So it's been extended for a full year, it's not a month to month?
2:06:44
And what happens after that year?
Cora Liu
2:06:46
Well, we'll work with the DOE team to figure out the next steps.
Rita Joseph
2:06:53
What kind of lease agreement apply to all to the other four buildings?
2:07:00
What type of lease do you have for the other four buildings?
Cora Liu
2:07:03
So out of the five, again, one of them has this expiration in 2028, so we're all set.
2:07:09
The other four would extend in the term the same way until the end of the school year.