Lease Approved With City for Fence Encroachment
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Description
The Board approved a lease agreement with the City of Asbury Park beginning January 2025 at $2,500 per year to allow a limited right-of-way encroachment for an existing fence at 601 Grand Ave. The term runs up to five years, expiring in December 2030 and is funded by the General Fund.
Contract Details
Contract Amount
$2,500 per annum (no longer than 5 consecutive years)
Vendor
CITY OF ASBURY PARK
Agency
Hope Community Charter School, NJ
Contract Type
FACILITIES
Document Date
March 25, 2026
Contract Term
Beginning January 2025 for a period of no longer than five consecutive years, expiring in December 2030
Renewal Date
2030-12-31
Renewal Info
Lease runs from January 2025 through no later than December 2030 for up to five consecutive years at $2,500 per year; no explicit renewal options noted beyond this term.
More from CITY OF ASBURY PARK
More from Hope Community Charter School
Hope Academy Charter School Minutes Regular Meeting of the Board of Trustees 2026-03-25
Hope Academy Charter School Minutes Regular Meeting of the Board of Trustees 2026-03-25
Hope Academy Charter School Minutes Regular Meeting of the Board of Trustees 2026-03-25
Hope Academy Charter School Minutes Regular Meeting of the Board of Trustees 2026-03-25
Hope Academy Charter School Minutes Regular Meeting of the Board of Trustees 2026-03-25
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