The Toledo Board of Education today unanimously approved moving Toledo Public Schools' headquarters to North Summit Street.
The board met during a special session today, at which it made the decision to purchase the YMCA/JCC of Greater Toledo office and fitness center on Summit for future district use.
TPS leaders acknowledged late last week that they planned to move district headquarters from the Thurgood Marshall building on Manhattan Boulevard to the YMCA building, pending school board approval. Administrators and board members have considered a move of its central administration offices for months.
The purchase agreement between TPS and the YMCA is a mix of cash and in-kind contributions. TPS would pay about $400,000 in cash, forgive rent for a YMCA run daycare center at DeVeaux Elementary and a proposed daycare center at Byrnedale Elementary, and let the YMCA offices stay in the building rent free for four years, among other elements of the agreement.
The deal’s total estimated value is about $777,000, combining the cash and in-kind contributions.