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Board renews Ravinia Nursery School ground lease for 2026–27

Board of Education, North Shore School District 112 · May 19, 2026
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Summary

The Board approved a ground lease renewal with Ravinia Nursery School for July 1, 2026–June 30, 2027, requiring $400 annual rent plus the monetary equivalent of tuition for two full‑time students (2025–26 two‑student tuition = $14,700).

Mr. Jeremy Davis presented a ground lease renewal with Ravinia Nursery School covering July 1, 2026, through June 30, 2027. Per the presented terms, the lessee will pay annual rent of $400 plus the equivalent of tuition for two full‑time students in monetary funds. Mr. Davis reported the 2025–26 tuition for two students totaled $14,700.

After discussion, the board voted unanimously to approve the ground lease renewal. The action authorizes District staff to execute the 2026–27 lease under the terms presented and to continue operations with Ravinia Nursery School for the upcoming year.