FACILITIESAPPROVED

Nashville-Davidson metropolitan government (balance) Awards Facilities Contract to Pencil Foundation (July 2026)

PENCIL Foundation secured a 10-year lease from MNPS for space at the former Lillard Elementary School beginning July 1, 2027, with rent fully creditable via school-support services and capital improvements. The agreement includes three optional 10-year renewals and defines maintenance and insurance responsibilities.

Document date · July 6, 2026

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Veritone logo
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WithersRavenel logo
Derivita logo
Comcate logo
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Veritone logo
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Scope & details

The full contract record, as filed.

Contract amount
$324,302 initial annual rent, increasing 3% annually (subject to 100% offset through credits)
Contract type
FACILITIES
Contract term
July 1, 2027 – June 30, 2037, with three 10-year extension options
Renewal date
2037-06-30
Renewal
Base term 2027-07-01 to 2037-06-30 with three 10‑year options exercisable by PENCIL; before each option period MNPS may terminate and compensate PENCIL for uncredited capital repairs at fair market value. Rent escalates 3% annually and can be offset entirely by qualified in-kind contributions.
Document type
Agenda
Source document
Metropolitan Council Agenda Analysis 2026-07-07

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Nashville-Davidson metropolitan government (balance)?

Pencil Foundation was awarded this facilities contract by Nashville-Davidson metropolitan government (balance), as recorded on July 6, 2026. The contract value is $324,302 initial annual rent, increasing 3% annually (subject to 100% offset through credits).

How much is the Pencil Foundation contract with Nashville-Davidson metropolitan government (balance) worth?

The Pencil Foundation contract with Nashville-Davidson metropolitan government (balance) is valued at $324,302 initial annual rent, increasing 3% annually (subject to 100% offset through credits), 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 Metropolitan Council Agenda Analysis 2026-07-07 (Agenda), dated July 6, 2026 from Nashville-Davidson metropolitan government (balance). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Pencil Foundation hold?

Pencil Foundation 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 Nashville-Davidson metropolitan government (balance) currently buying?

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