November 22, 2011

Innovators/Milestone SABIS Academy announces future facility plans

For Immediate Release

Innovators/Milestone SABIS Academy Current Tenant of St. Francis Assisi Advancing Long-term Vision for Students

(New Orleans, LA – November 21, 2011) – “After a nine year working relationship, Innovators in Milestone, Inc., the governing board for Milestone SABIS Academy in New Orleans, is disappointed to learn today through media reports that its landlord, St. Francis Assisi Catholic Church has decided to lease its school building to Lycee Francais de la Nouvelle-Orleans. Milestone has been a model tenant throughout its 9-year lease term with St. Francis and made several improvements to the facility that incurred to the benefit of the landlord. Despite our investments as well as the facts that St. Francis increased Milestone's rent and opted to not negotiate the lease renewal in good faith, Milestone still fought to renew its lease with St. Francis to ensure that the children had an appropriate setting in which to learn.

The Board, however, is excited to announce that it is moving forward with its plans to expand the school by adding grade levels (eventually becoming a K-12 school). At tonight's board meeting, the Board unanimously voted to advance plans to secure land for a new campus and facility, which will include a state-of-the art facility, travel convenience and more green space to accommodate current and future enrollment. Milestone's Board of Directors and Staff are confident that the move to a permanent location will enable us to continue our pattern of providing an excellent education to the children we serve without interruption."

Innovators in Milestone, Inc.
Board of Trustees for Milestone SABIS® Academy of New Orleans
Media Contact: Leslie Ellison, Board President, (504) 812-9376

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