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Schwab School Lease Option Extended to 75 Years

Borough of Weatherly logoBorough of Weatherly
Document date
Sep 28, 2026
Renews
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The 30-second brief

What it covers

Weatherly Borough Council approved an addendum with The Schwab School Associates, L.P. for the Schwab School lease option. The amended agreement provides a 45-year lease option plus one additional 30-year extension, subject to exercise by December 31, 2026.

Who holds it

Schwab School Associates LP holds this facilities contract with Borough of Weatherly.

What happens next

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Contract details

Contract type
Facilities
Document date
September 28, 2026
Term
45-year lease option, with one additional 30-year extension option; option may be exercised through December 31, 2026
Renews
On record
Vendor
Schwab School Associates LP
Agency
Borough of Weatherly
Source document
Borough of Weatherly Minutes Regular Meeting 2026-09-28 (Minutes)

Schwab School Associates LP's other public contracts

Borough of Weatherly, PennsylvaniaParking Area Lease Option Amended for Schwab School · Sep 28, 2026UndisclosedBorough of Weatherly, PennsylvaniaCouncil Tables Schwab Parking Lease Addendum · Aug 24, 2026UndisclosedBorough of Weatherly, PennsylvaniaCouncil Tables Schwab School Lease Addendum · Aug 24, 2026UndisclosedAll Schwab School Associates LP contractsVendor profile

More Borough of Weatherly contracts

T-MOBILET-Mobile Tower Contract Includes Annual Renewal Option · Sep 28, 2026UndisclosedSchwab School Associates LPParking Area Lease Option Amended for Schwab School · Sep 28, 2026UndisclosedAcuity Specialty ProductsWeatherly Approves Acuity Specialty Products Payment · Sep 28, 2026Schwab School AssociatesWeatherly Council to Consider Schwab School Lease Addenda · Sep 27, 2026UndisclosedSchwab School AssociatesLease Option Addendums Discussed With Schwab School Associates · Aug 24, 2026UndisclosedAll Borough of Weatherly activityAgency profile

Questions about this contract

Who was awarded the facilities contract by Borough of Weatherly?

Schwab School Associates LP was awarded this facilities contract by Borough of Weatherly, as recorded on September 28, 2026.

What type of contract is this?

This is a Facilities contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Borough of Weatherly Minutes Regular Meeting 2026-09-28 (Minutes), dated September 28, 2026 from Borough of Weatherly. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Schwab School Associates LP hold?

Schwab School Associates LP may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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