On October 5, 2010, the School Board authorized the acquisition of scores of contiguous, quarter-acre, residentially-zoned lots off Haberland Boulevard in North Port for a future elementary school. All of the parcels, including four homes, have been acquired and the district has chosen to lease the homes until the site needs to be cleared for school construction, or until repairs to the home make an earlier demolition the cost effective alternative. The lease for the home at 3464 Hobart Street will expire at the end of this month. The attached lease renewal provides for a small rent increase to cover a solid waste assessment and to bring the rent more in line with current market rates.