Section 17407 Of Article 2. Leasing Property From California Education Code >> Division 1. >> Title 1. >> Part 10.5. >> Chapter 4. >> Article 2.
17407
. (a) The governing board of any school district may enter
into an agreement with any person, firm, or corporation under which
that person, firm, or corporation shall construct, or provide for the
construction of, a building to be used by the district upon a
designated site and lease the building and site to the district. The
instrument shall provide that the title to the building and site
shall vest in the district at the expiration of the lease, and may
provide the means or method by which the title to the building and
site shall vest in the district prior to the expiration of the lease,
and shall contain other terms and conditions as the governing board
of the district deems to be in the best interest of the district.
(b) The agreement entered into shall be with the lowest
responsible bidder who shall give the security that any board
requires. The board may reject all bids. For the purpose of securing
bids the board shall publish at least once a week for two weeks in
some newspaper of general circulation published in the district, or
if there is no paper, then in some paper of general circulation
circulated in the county, a notice calling for bids, stating the
proposed terms of the agreement and the time and place where bids
will be opened.
(c) This section shall become operative on January 1, 2019.