FACILITIESAPPROVED

Reedley College Awards Facilities Contract to Board of Governors of the California Community Colleges Acting by & Through the California Community Colleges Chancellor’s Office (January 2020)

The Board of Governors of the California Community Colleges, acting through the Chancellor’s Office, entered into a site lease with the State Public Works Board, leasing the student housing project site and associated easement rights for $1.00 per year, prepaid from bond proceeds. The lease term is linked to the outstanding project bonds and supports financing and refinancing of project design and construction.

Document date · January 1, 2020

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Scope & details

The full contract record, as filed.

Contract amount
$1.00 per year (prepaid)
Contract type
FACILITIES
Contract term
From date of issuance of the Bonds until _________ 1, 20__, subject to extension until 10 days after all Bonds and related indebtedness are fully paid, but not beyond _________ 1, 20__
Renewal
Lease term automatically extends beyond the stated end date if project bonds or related indebtedness remain unpaid due to nonpayment or abatement of base rental, and terminates 10 days after all such indebtedness is retired, but in no event beyond the final stated date. Amendments are allowed only by written instrument executed by both parties and may not materially adversely affect bondholders.
Document type
Contract
Source document
Board of Governors of the California Community Colleges Site Lease Student Housing Project 2020-01-01

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Reedley College?

Board of Governors of the California Community Colleges Acting by & Through the California Community Colleges Chancellor’s Office was awarded this facilities contract by Reedley College, as recorded on January 1, 2020. The contract value is $1.00 per year (prepaid).

How much is the Board of Governors of the California Community Colleges Acting by & Through the California Community Colleges Chancellor’s Office contract with Reedley College worth?

The Board of Governors of the California Community Colleges Acting by & Through the California Community Colleges Chancellor’s Office contract with Reedley College is valued at $1.00 per year (prepaid), covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a contract record.

Where was this contract approved?

This contract appears in Board of Governors of the California Community Colleges Site Lease Student Housing Project 2020-01-01 (Contract), dated January 1, 2020 from Reedley College. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Board of Governors of the California Community Colleges Acting by & Through the California Community Colleges Chancellor’s Office hold?

Board of Governors of the California Community Colleges Acting by & Through the California Community Colleges Chancellor’s Office may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Board of Governors of the California Community Colleges Acting by & Through the California Community Colleges Chancellor’s Office's profile

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