Tracy Unified School District Contract Monte Vista Middle School New MPR and Library Project (Increment 2) 2026-05-26
Site Lease Executed for Monte Vista Construction Project
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Description
Tracy Unified School District executed a site lease with JL Construction, Inc. dated May 26, 2026, leasing the Monte Vista Middle School project site for $1.00 per year to facilitate construction of the new MPR and library building package. The site lease runs for the same term as the lease-leaseback agreement and provides that title to all improvements will vest in the District at termination.
Contract Details
Contract Amount
$1.00 per year
Vendor
JL CONSTRUCTION INC
Agency
Tracy Joint Unified, CA
Contract Type
FACILITIES
Document Date
May 26, 2026
Contract Term
Term coterminous with Lease-Leaseback Agreement, beginning May 26, 2026 and ending upon termination of the Lease-Leaseback Agreement
Renewal Info
Site Lease automatically terminates when the Lease-Leaseback Agreement term ends; any amendments require written agreement of both parties and governing board approval.
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