technical_college_system_of_georgia_state_board_mi.pdf
West Georgia Tech Foundation Space Lease Approved at Nominal Rent
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Description
The State Board approved a Letter of Intent with West Georgia Technical College Foundation, Inc. to lease 10,000 square feet of classroom and office space in Franklin, Georgia. The space will be provided at $1.00 per year with four optional one-year renewals and no rent escalation.
Contract Details
Contract Amount
$1.00 per annum
Vendor
WEST GEORGIA TECHNICAL COLLEGE FOUNDATION INC
Agency
Technical College System of Georgia, GA
Contract Type
FACILITIES
Document Date
October 28, 2025
Contract Term
Initial term plus option to renew for 4 consecutive one-year periods with no rent escalation
Renewal Info
Letter of Intent #8416 includes an option to renew for four consecutive one-year periods with no rent escalation.
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Technical College System of Georgia Minutes State Board General Session 2026-04-02
Technical College System of Georgia Minutes State Board General Session 2026-04-02
Technical College System of Georgia Minutes State Board General Session 2026-04-02
Technical College System of Georgia Minutes State Board General Session 2026-04-02
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