maricopa_community_college_district_governing_boar.pdf
Ground Lease Enables Mesa Promise Billboard Project
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Description
The Governing Board approved a long-term ground lease with the Maricopa Community Colleges Foundation for space at Mesa Community College’s Dobson campus to construct and operate two billboards supporting the Mesa Promise scholarship program. The lease runs 20 years with two 10‑year renewal options and allows the Foundation to manage billboard revenue that funds Mesa Promise scholarships.
Contract Details
Contract Amount
$2,000.00
Vendor
MARICOPA COMMUNITY COLLEGES FOUNDATION
Agency
Scottsdale Community College, AZ
Contract Type
FACILITIES
Document Date
December 2, 2025
Contract Term
20-year initial term, renewable for two additional 10-year terms
Renewal Date
2044-12-31
Renewal Info
Ground lease has an initial 20‑year term and may be renewed for two additional 10‑year terms as outlined in the agreement.
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