FACILITIESAPPROVED

livonia_public_schools_lease_agreement_with_little.pdf

Livonia Schools Lease Cass School Space to Preschool

$211,926.00 annually; $17,660.50 per month; $1,000.00 security depositLivonia Public SchoolsLIVONIA LITTLE TOTS DAY NURSERYJuly 1, 2024

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Description

Livonia Public Schools approved a one-year lease agreement with Livonia Little Tots Day Nursery for classroom and support space at Cass School, with annual rent of $211,926 and a $1,000 security deposit. The lessee will use the premises as a preschool and is responsible for certain utilities, insurance, and maintenance obligations under the lease.

Contract Details

Contract Amount

$211,926.00 annually; $17,660.50 per month; $1,000.00 security deposit

Vendor

LIVONIA LITTLE TOTS DAY NURSERY

Agency

Livonia Public Schools, MI

Contract Type

FACILITIES

Document Date

July 1, 2024

Contract Term

July 1, 2024 – June 30, 2025 (12 months), then month-to-month holdover at 1.5x rent if applicable

Renewal Date

2025-06-30

Renewal Info

Initial term runs July 1, 2024 through June 30, 2025, with an option to extend or renew subject to review and renegotiation by Livonia Public Schools. If the tenant holds over, tenancy converts to month-to-month at 1.5 times the monthly rent, and the district may terminate with 90 days’ written notice if it needs the facility for its own purposes.

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