lease_agreement_between_cefs_economic_opportunity.pdf
Community Colleges Lease Office to CEFS Economic Opportunity
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Description
Illinois Eastern Community Colleges approved a lease with C.E.F.S. Economic Opportunity Corporation for office space in Olney, IL, to support the Workforce Innovation and Opportunity Act Program. The agreement runs from July 1, 2024, through June 30, 2026, at $225 per month, with options to renew by mutual agreement.
Contract Details
Contract Amount
$225/month (not to exceed)
Vendor
CEFS ECONOMIC OPPORTUNITY CORPORATION
Agency
Olney Central College, IL
Contract Type
FACILITIES
Document Date
July 1, 2024
Contract Term
July 1, 2024 – June 30, 2026 (may auto-renew if mutually agreed in writing)
Renewal Date
2026-06-30
Renewal Info
Lease may automatically renew at the end of the term if both parties agree in writing. Early termination with 90 days written notice by either party. Automatic termination if federal funding ceases.
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