|DATE:||Tuesday, February 21, 2017|
|TO:||School Board Members|
|FROM:||Jeff Eakins, Superintendent|
|SUBJECT / RECOMMENDATIONS|
Approve Second Amendment to Sublease Between the Museum of Science & Industry, Inc. (MOSI) and the School Board of Hillsborough County, Florida, a Body Corporate, for the MOSI Partnership School Site
On July 17, 2007, the School Board of Hillsborough County, Florida, a body corporate and the Museum of Science & Industry, Inc. entered into a Sublease Agreement for space for the MOSI Partnership School at the Whitney Andrews Lang Center for Learning at MOSI. The current Sublease is for approximately 23,000 square feet at the annual rate of $300,000. The current term will expire on July 31, 2017. This Second Amendment to Sublease extends the term for an additional one year period, commencing on August 1, 2017 and expiring on July 31, 2018. This Amendment also includes the option to renew for two additional one-year terms with a sixty (60) day written notice to MOSI. All other terms and conditions in the original Sublease and First Amendment to Sublease remain the same.
District staff is exploring other options to replace the capacity at MOSI after the lease period expires.
The terms of the Second Amendment have been reviewed and approved by MOSI staff and will be executed after School Board approval.
|• Construct and maintain facilities that create an environment conducive to teaching and learning|
|FINANCIAL IMPACT (Budgeted: Yes)|
|Funds in the amount of $300,000.00 will be available in the 378 Fund. For tracking purposes, the project number specific to this agenda item is 8135. As of Tuesday, February 21, 2017, the remaining balance less encumbrances for this line item equaled $0.00.|
Denise A. Taraschi, Property Specialist
Lorraine Duffy Suarez, General Manager, Growth Mgmt.
|Christopher Farkas||Dr. Alberto Vázquez|
|Chief Operating Officer, Operations Division
|Chief of Staff
|Hillsborough County Public Schools (Florida) * Mtg.#20170221_807 (Board Meeting) * Section C Item# 7.01|