Board Amends Stadium Lease-Leaseback with Bothman Construction
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Description
Scotts Valley Unified School District approved Amendment #1 to its lease-leaseback agreement with Bothman Construction for the high school stadium modernization project, setting the total sublease amount and schedule of sublease payments. The amendment establishes the guaranteed maximum price and monthly construction payment schedule following state architect plan approval.
Contract Details
Vendor
BOTHMAN CONSTRUCTION
Agency
Scotts Valley Unified, CA
Contract Type
CONSTRUCTION
Document Date
March 27, 2026
Contract Term
Monthly sublease payments over the course of project construction
Renewal Info
Amendment #1 establishes the guaranteed maximum price and defines the total sublease amount and payment schedule for the construction phase under the existing lease-leaseback agreement.
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