Whenever the Board determines that property of the district is not required for school purposes, the Board may enter into lease agreements for the generation of revenue.
All lease agreements will be competitively procured, consistent with established statute and contain provisions for payment of property taxes, property and liability insurance coverage and a competitive lease amount.
END OF POLICY Legal Reference(s):
ORS 279.005 - 279.445 ORS 332.155
20449 Main St. NE | St. Paul, OR 97137 Phone: 503-633-2541 | Fax: 503-633-2540