Multi-Year Lease of District Facility to Rising Star SPED LLC Approved
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Description
Lewisville ISD Board approved a five-year lease agreement with Rising Star SPED LLC for the district-owned facility at 350 West College Street, Lewisville, effective July 1, 2027, with an optional five-year renewal. The agreement maintains the building's use for educational and student support purposes while generating revenue for the district.
Contract Details
Vendor
RISING STAR SPED LLC
Agency
Lewisville Isd, TX
Contract Type
FACILITIES
Document Date
June 8, 2026
Contract Term
Five years initial term with one optional five-year renewal term upon mutual agreement
Renewal Date
2032-07-01
Renewal Info
One optional five-year renewal term available upon mutual agreement after initial five-year term; approval authorizes Superintendent to negotiate and finalize all lease documents.
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