In case you missed it, the school district is looking to strike a deal to rent out Maywood to Nuestro Mundo charter school. It is a six year lease that nets the district $165,000 annually, plus 5 spots would be reserved for MG kids in each grade.
Nuestro Mundo offers dual instruction in Spanish and English. The school currently enrolls about 270 students in grades K-5.
The deal offers some ramifications within the school district. It makes selling Nichols less of an alternative since you would have to find homes for the district offices plus the MG21 charter school – both of which are currently housed in Nichols. With Maywood occupied, you have one less alternative location to move either group.
The move does provide some financial relief for the district. $165,000 is nothing to sneeze at – and the money would come in each year – not just a one time payment. The district needs the financial relief now. Any consideration of selling Maywood or Nichols for development would take years to happen.