Board Considers Five-Year Extension for Childcare Lease

The Governing Board will consider amending its lease with Future Kids of West Palm Beach Corp to exercise a five-year extension through September 30, 2031, adding $721,153.36 in projected lease revenue for the on-site childcare facility. This action maintains a key employee amenity while generating income from District-owned space.

Scope & details

The full contract record, as filed.

Contract amount

$721,153.36 (additional lease revenue; total projected revenue $1,879,832.39 over 15 years)

Contract type

FACILITIES

Contract term

Five-year lease extension through September 30, 2031

Renewal date

2031-09-30

Renewal

Single contractual five-year extension option under Article 28.1 is being exercised, extending the original 10-year lease (ending September 30, 2026) to a total of 15 years ending September 30, 2031, with 3% annual rent escalations.

Document type

Agenda

Source document

South Florida Water Management District Governing Board Monthly Meeting Agenda 2026-08-13

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South Florida Water Management District Governing Board Monthly Meeting Agenda 2026-08-13

AMENDED

South Florida Water Management District, Florida$721,153.36 additional revenue (total expected lease revenue $1,879,832.39 over 15 years)Aug 8, 2026

South Florida Water Management District Governing Board Monthly Meeting Agenda Packet 2026-08-13

AMENDED

South Florida Water Management District, Florida$721,153.36 additional revenue over extension term (total projected lease revenue $1,879,832.39 over 15 years)Aug 8, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by South Florida Water Management District?

Future Kids of West Palm Beach Corp was awarded this facilities contract by South Florida Water Management District, as recorded on August 8, 2026. The contract value is $721,153.36 (additional lease revenue; total projected revenue $1,879,832.39 over 15 years).

How much is the Future Kids of West Palm Beach Corp contract with South Florida Water Management District worth?

The Future Kids of West Palm Beach Corp contract with South Florida Water Management District is valued at $721,153.36 (additional lease revenue; total projected revenue $1,879,832.39 over 15 years), covering facilities work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in South Florida Water Management District Governing Board Monthly Meeting Agenda 2026-08-13 (Agenda), dated August 8, 2026 from South Florida Water Management District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Future Kids of West Palm Beach Corp hold?

Future Kids of West Palm Beach Corp 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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What is South Florida Water Management District currently buying?

Explore South Florida Water Management District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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