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File #:
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18-2166
Version:
1
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Name:
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Amendment No. 2, Facilities Lease-Leaseback Agreement - Overaa/Tulum/Eclipse Joint Venture - The Center at Foster Elementary School Project
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Type:
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Agreement or Contract
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Status:
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Passed
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On agenda:
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Final action:
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10/24/2018
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Enactment date:
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10/24/2018
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Enactment #:
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18-1628
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Title:
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Approval by the Board of Education of Amendment No. 2, Facilities Lease-Leaseback Agreement, for the Center at Foster Elementary School Project, between District and Overaa/Tulum/Eclipse JV, Oakland, CA, amending paragraphs 2.1.9 and 2.4.3 of Exhibit C to the Facilities Lease, adding an Owner's Contingency of One Million Eight Hundred Forty Thousand Seven Hundred and Four Dollars ($1,840,704.00) and, as a results of the added Owner's Contingency, the Maximum Guaranteed Price of the Agreement is increased by same amount, from $43,003,331.00 to $44,844,035.00. All other terms and conditions of the Agreement remain in full force and effect.
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title
Approval by the Board of Education of Amendment No. 2, Facilities Lease-Leaseback Agreement, for the Center at Foster Elementary School Project, between District and Overaa/Tulum/Eclipse JV, Oakland, CA, amending paragraphs 2.1.9 and 2.4.3 of Exhibit C to the Facilities Lease, adding an Owner's Contingency of One Million Eight Hundred Forty Thousand Seven Hundred and Four Dollars ($1,840,704.00) and, as a results of the added Owner’s Contingency, the Maximum Guaranteed Price of the Agreement is increased by same amount, from $43,003,331.00 to $44,844,035.00. All other terms and conditions of the Agreement remain in full force and effect.
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