Board approves 18‑year lease renewal for Owensville Communications; requests rate‑adjustment clause
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Summary
The board approved an 18‑year lease (Jan. 1, 2026–Dec. 31, 2040) described as Owensville Communications (likely a radio‑tower lease) and approved related agreement language to include a rate‑adjustment clause.
The Vicksburg Warren School District board voted to approve an 18‑year lease renewal for Owensville Communications on Oct. 1, with the lease term specified in the packet as Jan. 1, 2026 through Dec. 31, 2040. Trustees asked whether the lease covered a radio tower and confirmed staff would ensure the agreement includes a rate‑adjustment clause appropriate for a long‑term lease.
One trustee asked, “Is this a lease for a radio tower?” and staff responded that it appears to be for Owens field/communications. A board member moved to approve the lease renewal; the motion was seconded and approved by voice vote. The board subsequently approved the implementing agreement with the additional wording verifying the rate‑adjustment clause would be present for the long term of the contract.
Staff noted the rent was being reevaluated by the tax assessor and that the certificate reflecting valuation was attached to the packet; trustees discussed that rent could increase over time and emphasized inclusion of a rate‑adjustment provision. The board did not record individual roll‑call votes in the transcript; outcomes were recorded as voice votes approving the items.
The board directed staff to verify the final contract language and to confirm any required approvals by external agencies before execution.

