Empowerment Academy Charter School Board Meeting Minutes March 2026
Revised Lease-Option Agreement with Friends of Quality Education
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Description
The board approved a revised Lease-With-Option-To-Purchase Agreement with Friends of Quality Education, Inc., incorporating a new schedule that sets "up to" annual rent payment amounts. This action updates the school’s facility lease and purchase option framework.
Contract Details
Vendor
FRIENDS OF QUALITY EDUCATION INC
Agency
Empowerment Academy Charter School, NJ
Contract Type
FACILITIES
Document Date
March 12, 2026
Renewal Info
Lease-with-option-to-purchase agreement revised with updated Schedule 3.1 specifying up-to annual rent; prior lease terms are modified though exact renewal dates are not provided.
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