Planned 25-Year Facilities Lease With Red Hook Capital

Inland Empire Springs Charter School plans to enter a 25-year lease with option to purchase with Red Hook Capital for a remodeled San Bernardino campus, using an intermediary LLC to qualify for SB740 facility grants. The agreement will commence after approval of the material revision, with reduced or deferred lease payments during the construction phase.

Scope & details

The full contract record, as filed.

Contract type

FACILITIES

Contract term

25-year Lease With Option To Purchase Agreement

Renewal

Initial 25-year lease term with an embedded option for IESCS to purchase the property at or after completion of remodeling and at any point during the lease term; no obligation to exercise the purchase option.

Document type

Proposal

Source document

Inland Empire Springs Charter School Countywide Benefit Charter Petition Material Revision for Facilities 2025-08-15

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Inland Empire Springs Charter School Board of Directors Meeting Minutes February 2026

APPROVED

Empire Springs Charter District, CaliforniaFeb 12, 2026

San Bernardino County Board of Education Staff Report Inland Empire Springs Charter Material Revision 2025-09-28

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San Bernardino County Office of Education, CaliforniaSep 28, 2025

Inland Empire Springs Charter School Countywide Benefit Charter Petition Material Revision 2025-08-15

PENDING

San Bernardino County Office of Education, CaliforniaAug 15, 2025

temecula-valley-charter-district-agenda-2023-11-13_cb3.txt

approved

Temecula Valley Charter District, CaliforniaNANov 13, 2023

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by San Bernardino County Office of Education?

Red Hook Capital was awarded this facilities contract by San Bernardino County Office of Education, as recorded on August 15, 2025.

What type of contract is this?

This is a Facilities contract, documented as a proposal record.

Where was this contract approved?

This contract appears in Inland Empire Springs Charter School Countywide Benefit Charter Petition Material Revision for Facilities 2025-08-15 (Proposal), dated August 15, 2025 from San Bernardino County Office of Education. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Red Hook Capital hold?

Red Hook Capital may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is San Bernardino County Office of Education currently buying?

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