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Metropolitan DC Local Politics
Reply to "DC council giving away DCPS property to Lab School"
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[quote=Anonymous][quote=Anonymous]I find the OP disingenuous that the OP said the property is being given away--it's being leased. Also, has anyone actually read DCPS strategic plan for facilities renovations? http://dme.dc.gov/sites/default/files/dc/sites/dme/publication/attachments/Final_2013_DC_Public_Education_Plan_Main_Part_1.pdf[/quote] It's being leased for 80K a year, i.e. 6.6K per month, i.e. about the same price of renting a house in Ward 3, except that this is a 50K square foot lot with a huge building on it. And DC is unlikely to receive any of this rent, because Lab can deduct any amount it puts towards renovations. I'm not OP, but I find it disingenuous that you're talking about a lease without noting the cost of the rent being "paid."[/quote]
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