FACILITIESAPPROVED

Grand Ledge Public Schools AgendaPacket Work Session 2026-06-08

10-Year Lease to Wacousta Cooperative Preschool Approved

$10,000 annually (subject to annual increases up to 3.5%)Grand Ledge Public SchoolsWACOUSTA COOPERATIVE PRESCHOOL INCJune 8, 2026

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Description

The Grand Ledge Public Schools Board of Education approved a 10-year lease agreement with Wacousta Cooperative Preschool, Inc. for space at the Old Wacousta Elementary School, with annual rent of $10,000 (subject to annual cap of 3.5% increase). The contract includes terms for space use, maintenance, insurance, and facilities responsibilities, with a possible 5-year renewal.

Contract Details

Contract Amount

$10,000 annually (subject to annual increases up to 3.5%)

Vendor

WACOUSTA COOPERATIVE PRESCHOOL INC

Agency

Grand Ledge Public Schools, MI

Contract Type

FACILITIES

Document Date

June 8, 2026

Contract Term

May 1, 2026 – April 30, 2036, with one 5-year renewal option

Renewal Date

2036-04-30

Renewal Info

Option to renew for 5 additional years if written notice is given before April 30, 2036. No automatic renewal; must notify prior to end of term.

Issuing Agency