IUSD Special Board Meeting October 21, 2026 Closed Session @4pm Regular Meeting @ 4:30 pm

At the Inglewood Unified School District Board of Education special meeting on October 21, 2026, the board considered the Morningside-Woodworth ground-lease development. The project, selected after the district received up to 10 proposals, would allow a residential community of roughly 380–400 townhomes (entitlements permit up to 571). The proposed 99-year lease provides the district with a $78 million upfront rent prepayment, to be paid within the first six years, rather than ongoing annual rent; the district retains ownership of the land. The project also includes a $4 million contribution toward modernizing the district’s Child Development Center, community parks, and developer fees for school facilities. The presentation covered environmental findings and lease safeguards, including a contingency mechanism for property maintenance if the homeowners association fails. The consultant said investing the payment could generate approximately $3–3.5 million annually at an estimated 4–4.5% return.

Board members and public commenters raised concerns about long-term value, transparency, community benefits, and whether the district could earn more through annual rent; other members supported using the proceeds to strengthen district schools and services. The chair stated that she would approve item 13A, but the transcript does not include a recorded vote or tally. No reportable closed-session actions were announced.