EXECUTIVE SUMMARY
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AGENDA TITLE: Lease Amendment – Charlottesville Waldorf School in Crozet
SUBJECT/PROPOSAL/REQUEST: Request to amend the current lease to allow two six month extensions under Section 1.7 of the agreement.
STAFF CONTACT(S): Tucker, Foley, Davis
LEGAL REVIEW: Yes |
AGENDA DATE: April 7, 2004
ACTION: INFORMATION:
CONSENT AGENDA: ACTION: X INFORMATION:
ATTACHMENTS: Yes
REVIEWED BY:
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BACKGROUND:
The County currently leases the old Crozet Elementary School building to the Charlottesville Waldorf School (CWS). CWS is currently in the process of constructing a new school in Charlottesville and plans to be in the facility by July 2005. However, due to the uncertainties with construction, CWS has requested an amendment to their current lease to allow the option of two six month extensions. They currently have the option to extend the lease only on a month to month basis at double the monthly rent.
DISCUSSION:
This item has been reviewed with the Board’s Building Committee. The committee considered other potential uses of the facility and the timing of any potential use that may effect approval of an extension. Given the time involved in the study and consideration of the ultimate use of this site, the committee felt that allowing an extension of the lease as requested was appropriate. This will also allow the County to continue generating rent on the facility while final plans are developed on reuse of the site.
RECOMMENDATIONS:
Staff recommends advertisement of a public hearing on May 5th for consideration of an amendment to the lease as proposed.