AGENDA ITEM BACKGROUND TO: GOVERNING BOARD DATE FROM: PRESIDENT June 13, 2011 SUBJECT: Lease Agreements: Watsonville Center REASON FOR BOARD CONSIDERATION ENCLOSURE(S) ITEM NUMBER Action Page 1 of 1 C.11 Fiscal Impact: $80,000 per year in new gross revenue. Recommendation: It is recommended that the Governing Board authorize the Vice President, Business Services to enter into a new one year lease agreement with Ceiba Charter School and the Santa Cruz Office of Education for shared use Monday through Friday at the Cabrillo Watsonville Center at 318 Union St. The tenants will share use of the old post office building at the Watsonville Center. Administrator Initiating Item: Brian King Academic and Professional Matter If yes, Faculty Senate Agreement Senate President Signature Yes No Yes No Final Disposition Accepted