Section 17430 Of Article 2.5. Leasing Facilities From California Education Code >> Division 1. >> Title 1. >> Part 10.5. >> Chapter 4. >> Article 2.5.
17430
. Notwithstanding any other law, the governing board of any
school district may enter into a lease or agreement for any school
facilities pursuant to this article with a nonprofit corporation
organized under Division 2 (commencing with Section 5000) of Title 1
of the Corporations Code if the articles of incorporation or bylaws
of the nonprofit corporation provide for both of the following
conditions:
(a) No person shall be eligible to serve as a member or director
of the nonprofit corporation, except a person initially approved by
resolution of the governing board of the school district.
(b) No part of the net earnings of the nonprofit corporation shall
inure to the benefit of any member, private shareholder, individual,
person, firm, or corporation, excepting only the school district.
Any facilities constructed by a nonprofit corporation pursuant to
a lease or agreement entered into pursuant to this article shall be
constructed under a contract awarded to the lowest responsible bidder
pursuant to Chapter 3.5 (commencing with Section 4220) of Division 5
of Title 1 of the Government Code.