Title:
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Approval by the Board of Education of Resolution No. 1920-0020 - Award of Contract for Construction Services for Madison Surety Takeover Agreement negotiated by the District and Liberty Mutual Insurance Company ("Surety"), whereby the Surety agrees to supply a General Contractor to complete the work on the delayed Madison Park Academy Expansion Project, following the District's termination of the Vila Tulum Joint Venture ("JV") Lease-Leaseback Agreements in June, 2019, pursuant to provisions delineated in said Surety Agreement, incorporated herein by reference as though fully set forth, payable by the Surety to Contractor in the amount of $13,610,253.48.
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