School districts agree to early lease termination for 2026
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Description
Long Prairie-Grey Eagle School District #2753 and Freshwater Education District #6004 agreed to mutually terminate their lease for 3,269 square feet at 308 1st Street South effective June 30, 2026. The lessee will pay rent through the termination date, with no rent due for the remaining two years of the original term and no early termination penalty on the $61,848 lease amount.
Contract Details
Contract Amount
$61,848 (original total lease amount; no additional early termination penalty)
Vendor
FRESHWATER EDUCATION DISTRICT #6004
Agency
Long Prairie-Grey Eagle School District, MN
Contract Type
FACILITIES
Document Date
April 1, 2026
Contract Term
Lease originally July 1, 2023 – June 30, 2028; mutually terminated effective June 30, 2026
Renewal Date
2026-06-30
Renewal Info
Original lease term July 1, 2023–June 30, 2028 has been shortened by mutual termination, with all rights and obligations ceasing as of June 30, 2026 except as expressly provided in the release and settlement provisions.
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