Why would SCCS let the PCS lease expire without a replacement tenant identified?
SCCS operates properties in three categories: district-owned & operated, lessee and lessor. SCCS is undergoing a district-wide facilities review in order to maximize efficient use of facilities and balance revenue with expenses. SCCS facilities needs are currently impacted by a number of factors, some of which include increasing enrollment in the elementary schools, smaller class sizes/teacher-student ratios, pre-K/preschool programming, and demand for programs such as Two-Way (Dual Language) Immersion and Adult Education. In the coming year, SCCS will evaluate the above demands as well as demand from other potential tenants who have shown interest in the site.
Related Questions
- Would Chappers Ltd be able to give advice on how to terminate a lease or seize tenant’s belongings if they fall into arrears?
- Is the SCCS lease negotiation posture motivated by competitive issues related to PCS and its programming?
- What should an owner do if a tenant seriously and/or repeatedly violates the provisions of the lease?