| School Board of Alachua County |
| Bylaws & Policies |
7525 - LEASE AND LEASE-PURCHASE OF LAND, FACILITIES, AND EQUIPMENT
The Superintendent shall make recommendations to the Board regarding any offer received from a person or entity for the lease or lease-purchase of any land owned by the District. The prospective lessee shall state in writing how the land will be used for educational purposes. The Superintendent's recommendation shall include:
| A. | the location and description of the land and its present use; | |
| B. | the long-range plan for its use; | |
| C. | the stated use of the land by the prospective lessee; | |
| D. | the fair market value of the parcel, as determined pursuant to the State Board of Education Rules, when the land is to be released by a lease to purchase agreement; | |
| E. | the terms and value to be received from the prospective lessee. |
The Superintendent may recommend the acquisition of land, facilities, and equipment under lease or lease-purchase agreements under provision of F.S. 1013.15 through competitive bids or proposals. The Superintendent's recommendation shall include:
| A. | such acquisition is in the best interest of the District; | |
| B. | length and terms of such agreements; | |
| C. | procedures for developing and approval of agreements; | |
| D. | estimated annual costs and sources of funding; | |
| E. | proposed schedule for any required public advertisements and hearings; | |
| F. | all required written documents necessary for the execution and maintenance of agreements. |
Prior to final action on the proposal for a lease or lease-purchase agreement, the Board shall consider approval of the agreement at a public meeting. At this meeting the proposed agreement, in its final form, shall be made available for inspection and review by the public.
Lease agreements do not constitute a debt, liability, or obligation of the State, or pledge the full faith and credit of the State or Board.
Adopted 7/17/07