School District Cancels Sixteenth Section Lease With WOV LLC
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Description
The Jackson County School District Board of Education approved cancellation of State Lease #9116 with WOV, LLC for Sixteenth Section Public School Trust Land. The 40-year lease, originally running from March 15, 2021 to March 15, 2061 at $4,975.00 in annual rent, was terminated effective May 11, 2026 to permit a new lease with a corrected property description.
Contract Details
Contract Amount
$4,975.00 annually
Vendor
WOV LLC
Agency
Ocean Springs School District, MS
Contract Type
FACILITIES
Document Date
May 11, 2026
Contract Term
March 15, 2021 – March 15, 2061 (40-year lease); cancelled effective May 11, 2026
Renewal Date
2061-03-15
Renewal Info
Original 40-year lease term from March 15, 2021 to March 15, 2061 was ended early by Board resolution on May 11, 2026 under Miss. Code Ann. §29-3-57 to allow execution of a new lease with corrected legal description.
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