Michelle J. Walker-Davis, Ed.D.
Executive Director
April 10, 2023
The Honorable Phil Mendelson
Chairman
Council of the District of Columbia
1350 Pennsylvania Avenue, NW
Washington, DC 20004
Dear Chairman Mendelson,
Pursuant to D.C. Official Code § 1–204.51(b), the District of Columbia Public
Charter School Board (“DC PCSB”) hereby submits to the Council of the
District of Columbia (the “Council”) for its review and approval the attached In-
Lease Agreement by and between DC PCSB and LHREV Washington M
Street, LLC for 13,950 rentable square feet of office space located at 100 M
Street, SE in Washington, DC. The leased premises would be occupied as the
main office for DC PCSB.
I urge the Council to take prompt and favorable action on this proposed
contract. If you have any questions, please do not hesitate to contact me at
(202) 238-2660.
Sincerely,
Michelle J. Walker-Davis, Ed.D.
Enclosures
Council Real Estate Contract Summary
Lease Agreement
Funding Certification
Certification of Legal Sufficiency
Certificate of Clean Hands
3333 14th Street, NW, Suite 210, Washington, DC 20010 = (202) 921-4644 = mwalkerdavis@dcpcsb.org
 COUNCIL REAL ESTATE CONTRACT SUMMARY
Please note that any capitalized term used but not defined in this Summary shall
have the meaning given to such term in the proposed real estate contract.
1. The name of the proposed lessor, lessee, grantor or other party to the
proposed real estate contract, the type of real estate contract, the source
selection method, the primary term of the real estate contract (if applicable),
and the consideration to be paid by the District of Columbia Public Charter
School Board (“DC PCSB”) (for leases, the total annual rent for the first year
and the fiscal years set forth in the Funding Certification):
Contract Party Name: LHREV Washington M Street, LLC, a Delaware
limited liability company
Type of Real Estate Contract: Lease Agreement (DC PCSB is tenant)
Location of Real Property: 100 M St. SE
Source Selection Method: Competitive
Primary Term (if applicable): 11 years
Consideration to be paid by DC PCSB:
- First Lease Year Annual Rental: $739,350.00 (abated, as described below)
- Certificate of Funding Fiscal Year 2023:
$186,377.81
2. If the real estate contract is a lease, a breakdown of the Annual Rental for the
first Lease Year set forth above, the scheduled escalations thereof and known
first Lease Year Additional Rent obligations (e.g., parking and supplemental
HVAC costs):
The term of the proposed lease is 11 years. The annual base rent for the lease is an
amount totaling $739,350.00 for the first Lease Year, which shall be subject to an
annual escalation of 2.5% during the term of the lease, and which shall be abated
during the first year as described below. The following table contains a
breakdown of the monthly base rent under the lease.
Annual Rate Per Monthly
Period Rentable Square Foot Base Rent
 CD* to Month 12 $53.00 $61,612.50
Month 13 to Month 24 $54.33 $63,152.81
Month 25 to Month 36 $55.68 $64,731.63
Month 37 to Month 48 $57.08 $66,349.92
Month 49 to Month 60 $58.50 $68,008.67
Month 61 to Month 72 $59.96 $69,708.89
Month 73 to Month 84 $61.46 $71,451.61
Month 85 to Month 96 $63.00 $73,237.90
Month 97 to Month 108 $64.58 $75,068.85
Month 109 to Month 120 $66.19 $76,945.57
Month 121 to Month 132 $67.84 $78,869.21
*CD = Commencement Date
** Provided that Tenant is not in default under this Lease beyond any applicable
notice and cure period, the monthly Base Rent for the first 12 months of the Term
shall be abated.
Additionally, DC PCSB is responsible for a Pro Rata Share of Excess Operating
Expenses and must take and pay for 11 unreserved parking spaces for a monthly
rate of $239.66 per parking space.
The landlord will provide a construction allowance of $120.00 per square foot to
prepare the premises for DC PCSB’s occupancy.
The funding required for Fiscal Year 2023 represents the security deposit to be
paid under the proposed Lease plus one month’s rent which is due on execution.
By the end of the Lease Term, the total obligation under the Lease shall exceed
one million dollars in a 12-month period.
3. If the real estate contract is a lease, a description of any options to renew the
primary lease term set forth above, the contract amount for the primary lease
term and each option period (and an explanation of any difference), and a
description of any options to purchase the real property:
The proposed Lease includes one option for DC PCSB to extend the primary term
by 5 Lease Years. The base rent during the primary lease term is described above.
The Annual Rental for the Extension Term cannot be determined at this time.
This is primarily due to the fact that the Net Rental rate for the first Lease Year of
the Extension Term shall be equal to the then fair market rental rate for
comparable properties in the District of Columbia, as determined by Landlord. In
addition to the payment of the new base rent rate applicable to the Extension
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 Term, DC PCSB shall continue to pay a Pro Rata Share of Excess Operating
Expenses and take and pay for 11 unreserved parking spaces during the Extension
Term, as such escalations are described in Section 2 above. The Lease does not
include any option to purchase the real property.
4. A description of the real property to be acquired, developed or leased,
including any applicable improvements:
Street Address: 100 M St. SE
Square/Lot Number: N-743/77
Total RSF of Building: 243,221
Total RSF of Premises: 13,950
The building located at 100 M St. SE is an existing multi-tenant office building.
Under the proposed Lease, DC PCSB would occupy approximately 13,950 RSF of
office space. DC PCSB would also rent a minimum of 11 parking spaces for
employee and visitor parking. The proposed Lease also includes use of a large
conference room suitable for meetings of the DC PCSB Board. The Lease also
includes a construction allowance that will be used to demo and build out the
13,950SF office to the specification of the floorplan. The office space will be
comprised of private offices and workstations.
5. A description of DC PCSB’s specific real property need associated with the
proposed real estate contract and the selection process, including the
number of offerors, the evaluation criteria, and the evaluation results,
including price, technical or quality, and past performance components:
DC PCSB currently occupies approximately 10,982 square feet of office space at
3333 14th St. NW under a lease that is scheduled to expire on September 30, 2023.
DC PCSB has been unable to negotiate a permanent extension of this lease with
its current landlord. Additionally, due to growth of DC PCSB’s staff, the 3333 14th
St. NW location no longer provides sufficient space to accommodate the entire
staff. DC PCSB made the decision to explore other locations and received quotes
for four suitable locations. Following this search DC PCSB determined that the
100 M St. SE location was the best option available to meet its needs as it
provided a competitive price, representing the lowest cost of all locations
considered; sufficient space to accommodate DC PCSB staff; access to a large
conference room to hold required meetings of the DC PCSB Board; and is located
in Ward 8, closer to the majority of the public charter schools in the District. The
location also provides sufficient space for DC PCSB employees to work together
in one common space that has been updated to DC PCSB’s specifications rather
than spread out across multiple floors, which will increase organizational
effectiveness and collaboration, as well as improve accessibility for members of
the public and other visitors. The landlord also has an existing relationship with
the District, with the Office of the Inspector General scheduled to occupy a
portion of the building beginning March 2023.
3
6. The background and qualifications of the proposed contract party, including
its organization, financial stability, personnel, and performance on past or
current real estate contracts with requirements similar to those of the
proposed contract:
LHREV Washington M Street, LLC, a Delaware limited liability company and the
owner of 100 M St. SE. This is DC PCSB’s first contract with LHREV Washington M
Street, LLC. LHREV Washington M Street, LLC has one existing lease with the
District for a significantly larger space than under the proposed lease; the Office
of the Inspector General is on track to occupy a portion of the building beginning
in March 2023.
7. Expected outcomes of the proposed real estate contract:
The execution of the proposed real estate contract is expected to result in the
relocation of DC PCSB offices to the subject space for a minimum of 11 years and
possibly 16 years if the renewal option is exercised.
8. A statement that suitable space owned by the District is not available or
cannot be reasonably renovated or altered:
Based upon an evaluation of space owned by the District, there is no suitable
space owned by the District, either as-is or which can reasonably be renovated or
altered, which would meet the specific needs of DC PCSB under the proposed
real estate contract.
9. ANC notice of the proposed real estate contract:
DC PCSB provided written notice, dated November 15, 2022, to ANC 6D and
Chairman Daniels of ANC SMD 6D07 and written notice dated November 16, 2022
to Councilmember Trayon White regarding the proposed real estate contract, as
required by applicable law. The notice provided the ANC with an opportunity to
provide written recommendations regarding the proposed contract within thirty
(30) business days. Pursuant to applicable law, DC PCSB would then give great
weight to the issues and concerns raised in any ANC recommendations and
provide a written response to the ANC addressing those issues and concerns. DC
PCSB did not receive any written recommendations regarding the proposed
contract from the ANC.
(Note the ANC and SMD boundaries for the property shifted with the changes
that took effect on January 1, 2023.)
10. A certification that the proposed real estate contract is within the
appropriated budget authority for the agency for the fiscal year and is
consistent with the financial plan and budget adopted in accordance with §§
47-392.01 and 47-392.02:
The Office of the Chief Financial Officer has certified the availability of funds for
the proposed real estate contract. Please see the attached Funding Certification.
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11. A certification that the proposed real estate contract is legally sufficient:
The General Counsel for DC PCSB has certified that the proposed real estate
contract is legally sufficient. Please see the attached Certification of Legal
Sufficiency.
12. A certification as to whether the proposed contract party has any currently
pending legal claims against the District:
Based upon a certification from Landlord, Landlord does not have any legal
claims currently pending against the District.
13. A certification that the Citywide Clean Hands database indicates that the
proposed contract party is current with its District taxes:
The proposed contract party is current with its District of Columbia taxes. Please
see the attached Citywide Clean Hands certificate.
14. A certification from the proposed contract party that it is current with its
federal taxes, or has worked out and is current with a payment schedule
approved by the federal government:
Based upon a certification from Landlord, Landlord is current with its federal
taxes, or has worked out and is current with a payment schedule approved by the
federal government.
15. A Certification that the proposed contract party has not been determined to
be in violation of section 334a of the Board of Ethics and Government
Accountability Establishment and Comprehensive Ethics Reform
Amendment Act of 2011, passed on 2nd reading on December 4, 2018
(Enrolled version of Bill 22-107):
Based upon a certification from Landlord, Landlord has not been determined to
be in violation of section 334a of the Board of Ethics and Government
Accountability Establishment and Comprehensive Ethics Reform Amendment
Act of 2011, passed on 2nd reading on December 4, 2018 (Enrolled version of Bill
22-107).
16. A certification from the proposed contract party that it currently is not and
will not be in violation of section 334a of the Board of Ethics and Government
Accountability Establishment and Comprehensive Ethics Reform
Amendment Act of 2011, passed on 2nd reading on December 4, 2018
(Enrolled version of Bill 22-107):
Based upon a certification from Landlord, Landlord currently is not and will not
be in violation of section 334a of the Board of Ethics and Government
Accountability Establishment and Comprehensive Ethics Reform Amendment
Act of 2011, passed on 2nd reading on December 4, 2018 (Enrolled version of Bill
22-107).
5
17. The status of the proposed contract party as a certified local, small, or
disadvantaged business enterprise, as defined in subchapter IX-A of Chapter
2 of title § 2-218.01 et seq.:
The proposed contract party is not a certified local, small, or disadvantaged
business enterprise.
6
 Government of the District of Columbia
Office of the Chief Financial Officer 1101 4th Street, SW
Office of Tax and Revenue Washington, DC 20024
Date of Notice: March 21, 2023 Notice Number: L0009366253
LHREV WASHINGTON M STREET LLC FEIN: **-***2927
1700 K ST NW STE 600 Case ID: 1464505
WASHINGTON DC 20006-3816
CERTIFICATE OF CLEAN HANDS
As reported in the Clean Hands system, the above referenced individual/entity has no outstanding
CO
liability with the District of Columbia Office of Tax and Revenue or the Department of Employment
Services. As of the date above, the individual/entity has complied with DC Code § 47-2862, therefore
this Certificate of Clean Hands is issued.
TITLE 47. TAXATION, LICENSING, PERMITS, ASSESSMENTS, AND FEES
CHAPTER 28 GENERAL LICENSE
SUBCHAPTER II. CLEAN HANDS BEFORE RECEIVING A LICENSE OR PERMIT
D.C. CODE § 47-2862 (2006)
PY
§ 47-2862 PROHIBITION AGAINST ISSUANCE OF LICENSE OR PERMIT
Authorized By Melinda Jenkins
Branch Chief, Collection and Enforcement Administration
To validate this certificate, please visit MyTax.DC.gov. On the MyTax DC homepage, click the
“Validate a Certificate of Clean Hands” hyperlink under the Clean Hands section.
1101 4th Street SW, Suite W270, Washington, DC 20024/Phone: (202) 724-5045/MyTax.DC.gov
March 13, 2023
David Mobley
Accounting Officer
3333 14th St., NW, Suite 210
Washington, DC 20010
Purpose: DC Public Charter School Board intends to enter into a lease
agreement with LHREV Washington M Street, LLC for 13,950
square feet of office space located at 100 M Street,
Washington, D.C.
Certification: This is to certify that all funding associated with this lease will be
covered by the Operations Budget of the DC Pubic Charter
School Board.
Cost of Obligation FY23:
$186,377.81
Cost of Obligation FY24:
$31,632
Lease Term: 11 Years
3333 14th Street, NW, Suite 210, Washington, DC 20010  (202) 328-2660 dcpublic@dcpcsb.org
 MEMORANDUM
TO: The Honorable Phil Mendelson
Chairman
Council of the District of Columbia
1350 Pennsylvania Avenue, NW
Washington, DC 20004
FROM: Sarah Cheatham
General Counsel, DC Public Charter School Board
DATE: March 17, 2023
SUBJECT: Certification of Legal Sufficiency of Contract Award over One
Million Dollars
Contractor: LHREV Washington M Street, LLC, a Delaware limited
liability company
Not to Exceed Amount: $186,377.81 (Base Year)
This is to certify that this office has reviewed the above-referenced Contract
and that we have found it to be legally sufficient. If you have any questions in
this regard, please do not hesitate to call me at (202) 328-2660.
Sarah Cheatham
General Counsel
DC Public Charter School Board
3333 14th Street, NW, Suite 210, Washington, DC 20010  (202) 328-2660  dcpublic@dcpcsb.org
 LEASE AGREEMENT
BETWEEN
LHREV WASHINGTON M STREET, LLC
(“LANDLORD”)
and
DC PUBLIC CHARTER SCHOOL BOARD
(“TENANT”)
33688749v.14 146118/00040
 LEASE AGREEMENT
This Lease Agreement (this “Lease”) is entered into between LHREV Washington M
Street, LLC, a Delaware limited liability company (“Landlord”), and DC Public Charter School
Board, a governmental agency of the District of Columbia (“Tenant”), effective as of the date set
forth below Landlord’s signature (the “Effective Date”).
1. Basic Lease Information. Key business terms used in this Lease are defined as follows:
A. “Building”: The building located at 100 M Street, Washington, D.C., commonly
known as 100 M Street.
B. “Rentable Square Footage of the Building” is 243,221 square feet.
C. “Premises”: The area shown on Exhibit A to this Lease, located on floor 4 of the
Building and known as suite number 400. The “Rentable Square Footage of the Premises” is
13,950 square feet.
D. “Base Rent”:
Annual Rate Per Month