Lease Management

  • The RES department negotiates and manages various types of leases that sustain the WCPSS. Often, additional space is needed to accommodate the academic, administrative or support needs of the school system. The RES department manages numerous short and long term leases to satisfy these needs. Common types of leases include:

    Types of leases

    • Office Buildings: houses additional administration facilities

    • Warehouses: storage area for furniture and equipment needed for modulars and classrooms under renovation or development

    • Parking Lots/Spaces: parking for staff and students at sites where there is limited available parking

    • Bus Storage Lots: parking for off-hours bus storage and school bus drivers’ personal cars while on their bus route

    • Commercial Buildings: temporary classroom swing space used to relieve overcrowding until new schools are completed

    • Communication Towers: cellular communication companies lease space on various school sites for the placement of cell towers to improve cellular reception

    • Noise Monitors: used to regulate acceptable noise levels near airports

    • Surplus Building Space: the WCPSS leases portions of building space to others when the space can no longer accommodate the school system’s academic, administrative or support needs

    The RES department’s lease management division entertains charitable donations (leases at below market value) which could provide the donor with a significant tax benefit.