Kinetic Academy Lease Extended With 3% Rent Increase
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Description
The Board is asked to approve Addendum No. 4 to the Facilities Use Agreement with Kinetic Academy Charter School for continued use of the Joseph R. Perry Elementary School site. The amendment raises annual rent to $107,196 and extends the agreement through June 30, 2027.
Contract Details
Contract Amount
$107,196.00
Vendor
KINETIC ACADEMY CHARTER SCHOOL
Agency
Huntington Beach City Elementary, CA
Contract Type
FACILITIES
Document Date
June 16, 2026
Contract Term
Through June 30, 2027 (2026-2027 school year)
Renewal Date
2027-06-30
Renewal Info
Original one-year agreement began August 1, 2022, with subsequent one-year extensions via Addenda 1, 2, and 3; Addendum No. 4 provides another one-year extension through June 30, 2027 with a 3% rent increase.
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