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MEMORANDUM OF UNDERSTANDING <br /> City of Everett// Bezos Academy School Admissions <br /> This Memorandum of Understanding ("MOU") regarding school admissions at Bezos Academy's <br /> School is entered into by and between the City of Everett ("Community Host") and Day 1 Academies, dba <br /> Bezos Academy ("Bezos Academy") (collectively, the"Parties"). <br /> Background and Recitals <br /> On January 2022, the Parties entered a Lease Agreement where Community Host agreed to <br /> lease space to Bezos Academy at 3201 Smith Ave, Everett, WA 98201, also known as Everett Station (the <br /> "Property") and Bezos Academy agreed to establish a tuition-free preschool at the Property (the <br /> "Preschool"). <br /> Under the terms of the Lease, Bezos Academy agrees to provide students at the Preschool with <br /> educational materials and services to set each student up for success, including but not limited to, <br /> educational materials, books, arts and crafts, field trips, and meals (the "Tuition-Free Education and <br /> Services"). <br /> The Parties desire for Bezos Academy to provide the Tuition-Free Education and Services to <br /> income eligible children in Landlord's community, including to Landlord's eligible students and employees. <br /> The purpose of this MOU is to document and describe the admissions criteria that Bezos Academy will use <br /> at the Preschool. <br /> Based on the above Background,the Parties agree to the following: <br /> 1. Eligibility. To be eligible to attend the Preschool, students must be three or four years old by <br /> September 1. In addition, eligibility is determined by household income. A household is defined as all <br /> people(adult and children)who live in the same housing unit(house, apartment, condo, etc.),whether they <br /> are related to each other or not. Household income is the total annual income from anyone in the <br /> household. To be eligible for Bezos Academy, the student's annual household income can be up to 400% <br /> of the Federal Poverty Level (FPL). Bezos Academy's admissions process is designed to reserve half of <br /> the seats in each classroom for students of households that are up to 250% of the FPL. <br /> 2. Admissions. Bezos Academy provides priority admission first to eligible children experiencing <br /> homelessness or living in foster care. After that, Bezos Academy admits eligible children based on a lottery, <br /> with lottery procedures and preferences as determined by Bezos Academy. Bezos Academy is solely <br /> responsible for all aspects of all administration of lottery admissions. <br /> 3. Number of Students. The space at Everett Station will have a student capacity of about 60 <br /> students, which Bezos Academy will attempt to fill. However, actual student numbers year-to-year depend <br /> on then-current occupancy requirements, staffing requirements, public health requirements, licensing <br /> requirements and other applicable regulations and law. <br /> 4. School Year. Bezos Academy offers a year-round education that is five days a week, subject to <br /> holidays, school breaks, and other temporary closures. <br /> 5. General. The parties understand and agree that Bezos Academy is solely responsible for its <br /> admissions, enrollment, and educational programming. Bezos Academy reserves the right to make <br /> modifications to its admissions eligibility and preferences, enrollment procedures, curriculum, operations, <br /> and educational programming, so long as such modifications continue the objective of delivering high- <br /> MEMORANDUM OF UNDERSTANDING <br /> Page 1 <br />