Code: DJCB
Adopted: 3/11/10
Readopted: 2/21/17
Orig. Code(s): DJCB

The Board will find itself in the position of needing to locate facilities and equipment for agency programs. Upon the recommendation of the superintendent, the most efficient procurement means may be through a lease agreement. In accordance with Oregon Revised Statute (ORS) 334.125 (6)(a) the Board may locate, buy, accept by gift or lease such land, buildings, and facilities as may be required for Northwest Regional Education Service District (NWRESD) purposes.  

Leases authorized by this section may be for a term of up to 30 years and include lease-purchase agreements by which the NWRESD may acquire ownership of the leased property. 

The Board authorizes the superintendent to execute leases that are for a term of up to one year and carry an annual cost less than $25,000. The superintendent may also execute multi-year lease-purchase agreements that do not exceed an annual cost of $25,000. The superintendent will inform the Board of all leases that have been executed via the appropriate administrative report. The Board must authorize any lease that exceeds an annual cost of $25,000, or is a multi-year facilities lease, or is a lease-purchase agreement for real property. The superintendent will develop and implement lease procurement procedures to implement this policy. 

END OF POLICY 

Legal Reference(s): 

• ORS Chapters 279A, 279B and 279C
  
• OAR Chapter 125, Divisions 246-249
• OR. DEP’T OF JUSTICE, OR. ATT’Y GENERAL’S MODEL PUBLIC CONTRACT RULES MANUAL.