Meeting Date:   12/21/2012 - 4:00 PM
Category:   Business/Action Items
Type:   Action
Subject:   7.1 Award of Lease-Leaseback Agreement to Taber Construction, Inc. For The Construction of Twenty-four (24) New Classrooms at Eight (8) Sites and Five (5) General Science Buildings at Five (5) Middle School Sites
Strategic Plan
Policy:  
Enclosure
File Attachment:  
01 - RFQ-RFP1622_1623 - Lease Leaseback MS Science Buildings 2013 - Nov 2012 r0(11-06-12)[1].pdf
01 - MDUSD RFQ-RFP-1620-1621-1624-1625 Lease Leaseback Portable Replacements 2013 - Nov 2012 r0(11-07-12)[1].pdf
0FINAL MDUSD Multi-Site Portable Replacement Science Building Modernization - LLB - Master Site Lease - December 21 2013[1].pdf
MDUSD Multi-Site Portable Replacement Science Building Modernization - LLB - Master Facilities Lease - December 21 2012[1].pdf
ulti-Site Portable Replacement Science Building Modernization - LLB - Master Facilities Lease Ex C - December 21 2012[1].pdf
0FINAL MDUSD Multi-Site Portable Replacement Science Building - LLB - Master Facilities Lease Ex. D - December 21 2012[1].pdf
Multi-Site Portable Replacment Science Building Modernization - LLB - Master Facilities Lease Ex I - December 21 2012[1].pdf
Bid Summaries.pdf
Summary On November 7, 2012 the District issued Requests For Qualifications (RFQ's) soliciting submissions from qualified firms interested in entering into lease-leaseback agreements for the construction of twenty-four (24) new classrooms at eight (8) sites and five (5) new general science buildings at five (5) middle school sites. As a result of this RFQ process staff is recommending that the District enter into a lease-leaseback agreement with Taber Construction, Inc. for a Guaranteed Maximum Cost of $17,612,149.00 for the construction of all specified buildings per approved plans and specifications.

The lease-leaseback project delivery method is authorized by California Education Code 17406, and authorizes the governing board, without advertising for bids, to enter into a lease with a builder for the purpose of construction, including remodeling and permanent improvements, upon property. Under a lease-leaseback, the District leases property under a "site lease" to a builder for $1. That builder constructs the facility and then leases the facility back to the District under a "facilities lease". The District makes "tenant improvement payments" during construction and "lease payments" after construction. Title to the facility vests in the District as lease payments are made. The District has the option to make an early, balloon payment to the builder to buy out the facilities lease. In addition, the District determines all plans and specifications and uses it's own Architect of Record to submit the project to the Division of the State Architect (DSA) for approval.
Funding 2010 Measure C Funds
Fiscal Impact $17,612,149.00
Recommendation Award Lease/Leaseback agreement with Taber Construction, Inc. as presented.
Approvals:  
Recommended By:
Signed By:
Pete Pedersen - Measure C
Signed By:
Steven Lawrence - Superintendent