south_monterey_county_joint_union_high_school_dist.pdf
CTE Facility Lease-Leaseback Contract Amended With Otto Construction
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Description
The board approved Amendment No. 3 to the Lease-Leaseback Agreement with Otto Construction, adding $2,146,691 to finalize the guaranteed maximum price for the King City High School CTE facility at a total of $14,315,211. The additional Measure R funding reflects design changes required by the Division of the State Architect.
Contract Details
Contract Amount
$2,146,691 (Amendment 3); total $14,315,211
Vendor
OTTO CONSTRUCTION
Agency
South Monterey County Joint Union High, CA
Contract Type
CONSTRUCTION
Document Date
September 22, 2025
Renewal Info
Amendment 3 follows a prior Amendment 2 that added $10,000,000 for Increment 2; this amendment sets the final guaranteed maximum price for the CTE facility at $14,315,211.
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south_monterey_county_joint_union_high_school_dist.pdf
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