Common Contracts
1 similar Modular Classroom Agreement contracts
Continuation of the Summary Explanation and BackgroundModular Classroom Agreement • May 9th, 2016
The Modular Classroom Agreement stated that in exchange for the City’s payment to the School Board in the amount of two million twenty-five thousand dollars ($2,025,000) (“Contribution Payments”), the School Board would construct, maintain, and operate eight (8) permanent modular classrooms at public school(s) within the corporate limits of the City and remove eight (8) portable classrooms. A first amendment to the Modular Classroom Agreement was approved by the City on July 17, 2015 and by the School Board on July 28, 2015 to reduce the number of permanent modular classrooms to be constructed to seven (7) and to extend the date to complete the modular classrooms to March 21, 2016. The reason for the amendment was in response to the escalation of construction costs and the time necessary for construction of the modular classrooms. The first amendment also reflected a reduction in the total Contribution Payments to the School Board by the City to one million nine hundred five thousand d
