Executive SummaryModular Classroom Agreement • May 12th, 2014
Contract Type FiledMay 12th, 2014In order to accommodate for the increase in students in the City of Parkland (“City”), the Modular Classroom Agreement provides for payment of funds in the amount of one million seven hundred seventy-one thousand dollars ($1,771,000) from the City to the School Board, to enable the Board to construct, maintain, and operate seven (7) permanent modular classrooms at one or more public schools located within the corporate limits of the City, and to remove seven (7) portable classrooms at a location of the Board’s sole discretion as long as the location is within the North School Impact Fee Service Area, which also includes the corporate limits of the City. The Modular Agreement also includes a provision to enable another land owner in the City, which may proceed with future residential development in the City, to participate in the Agreement by contributing $254,000 to the City, and the City to the Board, for the construction of one additional modular classroom and the removal of one addi