File #: 16-1619    Version: 1 Name: Agreement - Chabot Space & Science JPA - General Counsel
Type: Agreement or Contract Status: Passed
File created: 6/24/2016 In control: General Counsel
On agenda: 6/29/2016 Final action: 6/29/2016
Enactment date: 6/29/2016 Enactment #: 16-1265
Title: Approval by the Board of Education of Extension of the Forbearance Agreement between District and Chabot Space & Science JPA, originally approved by the Board as Enactment No. 14-1758 on October 8, 2014, by 120 days or to October 30, 2016 to allow the Chabot JPA and the District to co-convene meetings with the City of Oakland to develop a plan for the elimination of the debt owed by Chabot to the District, said extension shall not negate the existing unpaid debt and does not modify Board Resolution 1011-0034 (approving restructuring of the original Certificates of Participation (COPS) to a Lease-Leaseback Agreement between the District and Chabot JPA).
Attachments: 1. 16-1619 Agreement - Chabot Space & Science JPA - General Counsel
Contact: jacqueline.minor@ousd.org

Title

Approval by the Board of Education of Extension of the Forbearance Agreement between District and Chabot Space & Science JPA, originally approved by the Board as Enactment No. 14-1758 on October 8, 2014, by 120 days or to October 30, 2016 to allow the Chabot JPA and the District to co-convene meetings with the City of Oakland to develop a plan for the elimination of the debt owed by Chabot to the District, said extension shall not negate the existing unpaid debt and does not modify Board Resolution 1011-0034 (approving restructuring of the original Certificates of Participation (COPS) to a Lease-Leaseback Agreement between the District and Chabot JPA).