Section 17418 Of Article 2. Leasing Property From California Education Code >> Division 1. >> Title 1. >> Part 10.5. >> Chapter 4. >> Article 2.
17418
. (a) As an alternative to obtaining sealed proposals as
required by Sections 17407 and 17417, the governing board may, in a
public meeting, adopt a resolution declaring its intention to enter
into a lease or agreement pursuant to this article with a nonprofit
public benefit corporation organized under the Nonprofit Public
Benefit Corporation Law (Part 2 (commencing with Section 5110) of
Division 2 of Title 1 of the Corporations Code) if the articles of
incorporation or bylaws of the nonprofit public benefit corporation
provide both of the following:
(1) That no person shall be eligible to serve as a member or
director of the corporation except a person initially approved by
resolution of the governing board of the school district.
(2) That no part of the net earnings of the corporation shall
inure to the benefit of any member, private shareholder, individual,
person, firm or corporation excepting only the school district.
(b) The resolution adopted by the governing board shall do all of
the following:
(1) Describe, in a manner to identify it, the available site upon
which the building to be used by the district shall be constructed.
(2) Generally describe the building to be constructed and state
that the building shall be constructed pursuant to the plans and
specifications adopted by the governing board therefor.
(3) If that is the case, state the minimum yearly rental at which
the governing board will lease real property belonging to the
district upon which the building is to be constructed.
(4) State the maximum number of years for which the school
district will lease the building, or building and site, as the case
may be.
(c) Any building constructed by a nonprofit public benefit
corporation pursuant to a lease or agreement entered into pursuant to
this section shall be constructed under a contract awarded to the
lowest responsible bidder pursuant to Article 42 (commencing with
Section 20670) of Part 3 of Division 2 of the Public Contract Code.
Section 17424 applies to the contract.