Master Site Lease Agreement

Description

SANTEE SCHOOL DISTRICT CAPITAL IMPROVEMENT PROGRAM PROJECTS MASTER SITE LEASE Between SANTEE SCHOOL DISTRICT and ______________________________ Dated as of __________, 2019 005446.00002 22863733.1 SANTEE SCHOOL DISTRICT CAPITAL IMPROVEMENT PROGRAM PROJECTs MASTER SITE LEASE This MASTER SITE LEASE is dated as of ________, 2019, and is by and between the Santee School District, a school district duly organized and existing under the laws of the State of California (the “District”) as lessor and _________________________, a California corporation operating under the laws of the State of California (the “Lessee”). WHEREAS, the District desires to provide for the construction of certain public improvements at Chet F Harritt School, PRIDE Academy, and Sycamore Canyon School (the “Projects”); and WHEREAS, the District’s governing board has determined that it is in the best interests of the District and for the common benefit of the citizens it serves to construct the Projects by leasing to the Lessee land and existing buildings at the various District school sites at which the public improvements are to be constructed, as more specifically described in Exhibit “A,” (the “Sites”), and subleasing from the Lessee the Sites and the Projects under a Master Sublease Agreement (the “Master Sublease”) attached hereto as Exhibit “B” and by this reference incorporated herein; and WHEREAS, the Lessee has conducted Due Diligence of the Sites and the Projects to determine the suitability of the sites, site conditions, utilities, hazardous substances, and other conditions for the construction of the Projects (more fully detailed at Article 5 of the Master Construction Services Agreement); and WHEREAS, the District is authorized under Section 17406 of the California Education Code to lease the Site and its governing body has duly authorized the execution of this Master Site Lease; and WHEREAS, pursuant to this Master Site Lease, the District and Lessee have agreed to the terms of the Sublease, which is incorporated and attached hereto as Exhibit “B,” by which the District will sublease the Sites and retain beneficial use and occupancy of the Sites during which term, improvements will be constructed by Lessee. As the constructed improvements are completed, the District shall receive full beneficial use and occupancy of the constructed improvements upon payment for such improvements by the District to the Lessee.