Marin CCD Adds $5.4M Campus Restoration Work to LRC

$5,401,582

CONSTRUCTION

Campus Restoration Work estimated substantial completion by January 1, 2027; payments per monthly verified Progress Reports with 5% retention

2027-01-01

Fifth Amendment to existing Amended Lease-Leaseback Documents, updating the Guaranteed Maximum Price to include Campus Restoration Work and revising the Tenant Improvement Payment Schedule; prior amendments established GMPs of $10,000,000 for Increment One and $67,665,609 for Increment Two.

Agreement