PROPOSED LEASE TERMS THREATEN FINANCIAL INSTABILITY
The proposed terms of the Wilder (our current landlord) lease extension threatened the school’s financial viability and programming continuity if we remained at our current location. These costs and terms, usually the property owner’s responsibility, would directly affect teachers and students. Minnesota Catholic Youth Partnership (MYCP) also asked for terms that would impact the school.
- The school assumes all responsibility for maintenance, repair, and upkeep of the property.
- Wilder will no longer be providing a dedicated maintenance person (winter plowing, service road maintenance, minor building upkeep, etc.).
- Repair liability includes capital items and insurance deductible.
- The school calendar must end by May 17, 2024.
- Possible additional week for adults to move items.
- MCYP’s renovations of the property to begin December 2023; school responsible for cost and undertaking of accommodating displaced classrooms.
- $100,000 security deposit to abide by all terms and conditions of the lease agreement.
- MCYP requiring a “letter of support” from the school supporting their purchase and camp plans.
Our interim location will provide amazing new opportunities and stability as we pursue our permanent location in the forest.
Please refer to the Executive Director’s presentation to the Board of Directors meeting, Thursday, April 13, 2023, for additional background information.