Requires Commissioner of Education and Local Finance Board approval for certain board of education leases exceeding 20 years; authorizes boards to enter into 20-year lease purchase agreements for improvements or additions to school buildings.
Same As
Requires Commissioner of Education and Local Finance Board approval for certain board of education leases exceeding 20 years; authorizes boards to enter into 20-year lease purchase agreements for improvements or additions to school buildings.
Requires Commissioner of Education and Local Finance Board approval for certain board of education leases exceeding 20 years; authorizes boards to enter into 20-year lease purchase agreements for improvements or additions to school buildings.
Requires Commissioner of Education and Local Finance Board approval for certain board of education leases exceeding 20 years; authorizes boards to enter into 20-year lease purchase agreements for improvements or additions to school buildings.
Requires that lease agreements for school buildings in excess of 15 years be approved by voters of school district or board of school estimate as appropriate.
Clarifies that leases entered into by the commissioner of general services shall be subject to prevailing wage requirements for public work; requires prevailing wage for leasehold or capital improvements in such leases.
Requires SDA districts to solicit at least three lease proposals prior to entering into lease agreement with developer for construction and lease of new school building.