Charter School Lease Agreement

This memorandum aims to answer several frequently asked questions. According to Minn. Stat. § 124D.11, subd. The Commissioner must authorize aid only for a facility lease agreement that had (i) a certain annual cost and (ii) a closure clause to relieve the charter school of its rental obligations at the time of termination or non-renewal of the charter contract; The closure clause shall not be designed or interpreted in such a way that it relieves the charter school of its prior or non-renewed rental obligations. . . .

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