Lease Amendment Approved with Community Bridges
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Description
Live Oak School District approved a three-year amendment to its lease with Community Bridges for shared use of 1777 Capitola Road, maintaining existing rent through June 2026 with annual increases thereafter, and updating cost-sharing and facility use terms. Community Bridges will partially reimburse roof replacement and occupy approximately 32% of the facility.
Contract Details
Contract Amount
$4,480/month through June 30, 2026, with annual increases of 3.5% starting July 1, 2026; $19,862 or 32% of roof replacement cost (whichever is lower) for roof repairs
Vendor
COMMUNITY BRIDGES
Agency
Live Oak Unified, CA
Contract Type
FACILITIES
Document Date
March 8, 2026
Contract Term
Extension through June 30, 2029 (three-year extension)
Renewal Date
2029-06-30
Renewal Info
Lease amended to extend through June 30, 2029; annual escalator of 3.5% from July 1, 2026; previous cost-sharing replaced by reimbursement for roof. Lease clarifies terms of facility and maintenance responsibility.
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