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Board approves lease-leaseback agreements for four elementary modernization projects
Summary
Trustees unanimously approved lease-leaseback agreements for modernization projects at Creekside, Sunny Meadows, Box Springs and Sugar Hill elementary schools; agreements were awarded to West Coast Air and will return to the board for guaranteed maximum price approvals.
The Moreno Valley Unified School District Board unanimously approved multiple lease-leaseback agreements authorizing modernization work at four elementary school sites.
Chief Business Official Susanna Lopez explained the structure of the agreements: each package contains a pre-construction services contract, a site lease, a…
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