Sets facilities fees Lazear Charter Academy pays the district, 0.5% to 2% of revenue through 2055

This first addendum sets a yearly facilities use fee that Education for Change Public Schools - Lazear Charter Academy pays the district. The fee is a percentage of the charter school's yearly revenue and rises in steps, from 0.5% in 2021-22 to 2% starting in 2050-51, through 2054-55. Higher percentages apply to the share of students who live outside the district when out-of-district enrollment is above 10%.

Plain-English summary written by AI from the official text. AI summary · amounts checked against official text

Pulled from the consent vote. Adopted in its own vote at this meeting (4–2), instead of with the rest of the consent report.

Mar 23, 2022 · Adopted (passed). A motion was made by Director Thompson, seconded by President Yee,that this Agreement or Contract be Adopted. The motion carried by the following vote.

Samantha Pal Absent
Natalie Gallegos Chavez Absent
Aimee Eng Aye
VanCedric Williams Nay
Shanthi Gonzales Absent
Mike Hutchinson Nay
Clifford Thompson Aye
Benjamin "Sam" Davis Aye
Gary Yee Aye

Vendor / partner: Education for Change Public Schools - Lazear Charter Academy
Action: Amendment
Category: Governance & board business
Term: Jul 1, 2021 – Jun 30, 2055
Schools: Lazear Charter Academy
Presented by: Chief of Staff
File: 22-0563 · agenda V.-30
Outcome: Adopted, Mar 23, 2022

Official text

Approval by the Board of Education of the First Addendum to Charter School Facilities Program Use Agreement For Education for Change Public Schools - Lazear Charter Academy, by and between the District and Education for Change Public Schools - Lazear Charter Academy, pursuant to terms and conditions stated therein including: Starting in the 2021-22 fiscal year and continuing through the 2054-55 fiscal year, Charter School shall pay the following facilities use fee on a yearly basis: (a) Starting in the 2021-2022 fiscal year, Charter School shall pay a fee in the amount of 0.5% of the yearly revenue of the Charter School, as defined in Education Code section 47613, subdivision (f). (b) Starting in the 2030-31 fiscal year, Charter School shall pay a fee in the amount of 0.75% of the yearly revenue of the Charter School, as defined in Education Code section 47613, subdivision (f). (c) Starting in the 2040-41 fiscal year, the Charter School shall pay a fee in the amount of 1% of the yearly revenue of the Charter School, as defined in Education Code section 47613, subdivision (f). (d) Starting in the 2050-51 fiscal year, the Charter School shall pay a fee in the amount of 2% of the yearly revenue of the Charter School, as defined in Education Code section 47613, subdivision (f). However, for any school year in which the percentage of out-of-district students enrolled at Charter School is greater than ten percent (10%) on “Census Day” of that school year, the yearly facilities use fee shall be calculated as follows: 1) Fees shall be calculated pursuant to (a) through (d), above, for the percentage of enrollment that comprise in-District students, and 2) Fees shall be calculated pursuant to (e) through (h), below, for the percentage of enrollment that comprise out of District students. (e) Starting in the 2021-2022 fiscal year, Charter School shall pay a fee in the amount of 0.95% of the yearly revenue of the Charter School, as defined in Education Code section 47613, subdivision (f). (f) Starting in the 2030-2031 fiscal year, Charter School shall pay a fee in the amount of 1.2% of the yearly revenue of the Charter School, as defined by Education Code section 47613, subdivision (f). (g) Starting in the 2040-2041 fiscal year, Charter School shall pay a fee in the amount of 1.45% of the yearly revenue of the Charter school, as defined by Education Code section 47613, subdivision (f). (h) Starting in the 2050-2051 fiscal year, Charter School shall pay a fee in the amount of 2.45% of the yearly revenue of the Charter School, as defined by Education Code section 47613, subdivision (f). All other terms of the Use Agreement remain unchanged and in full force and effect and apply to the terms set forth in the First Addendum.

History

Mar 23, 2022 Adopted

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