Civic IQ
FACILITIESAPPROVED

Paulsboro School District Agenda Board of Education Regular Meeting 2026-05-26

Five-Year Ground Lease to Borough of Paulsboro Approved

$10 per yearPaulsboro School DistrictBOROUGH OF PAULSBOROMay 22, 2026

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TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Veritone logo
TerraCycle logo
Cyvl logo
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Description

The board approved a five-year ground lease with the Borough of Paulsboro for 2.6 acres behind Loudenslager Elementary School, to be used for community recreation at $10 per year. The agreement converts unused school property into a municipal recreational asset.

Contract Details

Contract Amount

$10 per year

Vendor

BOROUGH OF PAULSBORO

Agency

Paulsboro School District, NJ

Contract Type

FACILITIES

Document Date

May 22, 2026

Contract Term

Five years

Renewal Info

Initial five-year lease term at $10 per year; future renewal options not detailed in the agenda.

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