Lake Tahoe Community College Board of Trustees Meeting Agenda 2026-05-12
USFS Lease Rate Updated for 2026-2027
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Description
The Board acknowledged the updated 2026-2027 rental rate for the United States Forest Service’s long-term lease of District property, set at $114,826.42 for the year. The adjustment follows the lease’s CPI-based formula and continues through the 2051 expiration.
Contract Details
Contract Amount
$114,826.42 annually ($9,568.87 monthly)
Vendor
UNITED STATES FOREST SERVICE
Agency
Lake Tahoe Community College, CA
Contract Type
FACILITIES
Document Date
May 12, 2026
Contract Term
Annual rental rate term June 1, 2026 – May 31, 2027 within overall lease term June 1, 2001 – May 31, 2051 (50 years)
Renewal Date
2051-05-31
Renewal Info
Lease provides for 49 annual CPI-based rental adjustments over a 50-year term, now structured as a continuous lease through May 31, 2051.
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Lake Tahoe Community College Board of Trustees Meeting Agenda 2026-05-12
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