Middle School Lease Rent Increase Reduced To 5 Percent
Intellectual Virtues Academy of Long Beach DistrictSchool · Long Beach, CA- Disclosed value
- 5% rent increase next year; $7K cleaning fee savings April–August
- From minutes
- Document date
- Jun 4, 2020
The 30-second brief
Intellectual Virtues Academy Middle School negotiated an amendment to its lease with the landlord, reducing a planned 10% rent increase to 5% and waiving cleaning fees from April through August for about $7,000 in savings. The new rental rates take effect August 1, 2020.
LANDLORD holds this facilities contract with Intellectual Virtues Academy of Long Beach District. Its other public contracts on record include work for City of North Oaks and The Valley School Of Southern Oregon.
Term as filed: New rates effective August 1, 2020; one-year adjustment to rent escalation.
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Contract details
- Contract type
- Facilities
- Amount
- 5% rent increase next year; $7K cleaning fee savings April–August
- Document date
- June 4, 2020
- Term
- New rates effective August 1, 2020; one-year adjustment to rent escalation
- Vendor
- LANDLORD
- Source document
- intellectual-virtues-academy-board-meeting-minutes-june-4-2020_7b6.pdf (Minutes)
LANDLORD's other public contracts
More Intellectual Virtues Academy of Long Beach District contracts
Questions about this contract
Who was awarded the facilities contract by Intellectual Virtues Academy of Long Beach District?
LANDLORD was awarded this facilities contract by Intellectual Virtues Academy of Long Beach District, as recorded on June 4, 2020. The contract value is 5% rent increase next year; $7K cleaning fee savings April–August.
How much is the LANDLORD contract with Intellectual Virtues Academy of Long Beach District worth?
The LANDLORD contract with Intellectual Virtues Academy of Long Beach District is valued at 5% rent increase next year; $7K cleaning fee savings April–August, covering facilities work.
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 intellectual-virtues-academy-board-meeting-minutes-june-4-2020_7b6.pdf (Minutes), dated June 4, 2020 from Intellectual Virtues Academy of Long Beach District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does LANDLORD hold?
LANDLORD may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Intellectual Virtues Academy of Long Beach District currently buying?
Explore Intellectual Virtues Academy of Long Beach District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.