FORWARD WITH WINDWARD During the next year, City Hall is expected to take in upwards of $129,008 in revenue from the Windward School, an increase of $9,702. The increase accounts for the addition of 22,935 square feet of Santa Monica’s property for Windward School use.
For more than 22 years, City Hall has leased to the Windward School a piece of Santa Monica’s property located at Sawtelle and Palms boulevards in West Los Angeles. The area is in close proximity to the city of Santa Monica’s water facilities. The history of City Hall’s negotiations with Windward includes three contract adjustments. Tonight, coun-cilmembers will face a fourth.
The proposed fourth amendment would grant permission for use of additional land for parking; upgrade security measures around the city’s water facilities, allow city-sponsored recreation programs to be held on the property, and extend the lease termination date to June 30, 2055 — an extension of 31 years from the current termination date.
As it stands now, Windward pays $0.423 per square foot. Counting the property increase, Windward would owe City Hall $129,008 this year. After that, the rent would increase by 7.5 percent each year for two years. The projected amount of increase after two years is $10,039. Rent arrangements after the two-year term would be determined at a later time, city staff said.
Originally published in the Santa Monica Daily Press print edition on June 28, 2005. Read the original PDF.