Site Lease and Construction Awarded for Beyer High Project
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Description
Modesto City Schools has entered into a site lease agreement with a Developer, selected through a competitive process, for the construction and leaseback of the Fred C. Beyer High School Science Classroom Renovations and Site Improvements for a New Restroom Building. The lease term aligns with the Facilities Lease and is structured to comply with California Education Code.
Contract Details
Vendor
[NAME OF DEVELOPER]
Agency
Modesto City Elementary, CA
Contract Type
CONSTRUCTION
Document Date
November 18, 2024
Contract Term
From November 18, 2024 until the last day of the Facilities Lease term; terminates upon buyout or default as described
Renewal Info
Site Lease may be amended only with written agreement of both parties. Termination provisions tied to buyout or Facility Lease default.
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