Near West Intergenerational School Continues Facility Lease With CMSD
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Description
Near West Intergenerational School leases its 36,516-square-foot K-8 facility at 3805 Terrett Avenue from the Cleveland Metropolitan School District for a flat annual rental fee of $150,000. The rent includes custodial services and utilities, with additional charges only if consumption materially exceeds reasonable levels.
Contract Details
Contract Amount
$150,000 annually flat rental fee (including custodial services and utilities, with potential additional charges for materially excessive consumption)
Vendor
CLEVELAND METROPOLITAN SCHOOL DISTRICT
Agency
Intergenerational School The, OH
Contract Type
FACILITIES
Document Date
May 16, 2026
Contract Term
Annual lease; FY26 rent $150,000 with same amount forecasted through FY2029
Renewal Info
The lease is structured as an annual flat-fee rental arrangement at $150,000 per year, with amounts projected at the same level through FY2029; any extensions or renewals must align with the school’s budget approved by the sponsor.
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