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*JOINT ANNOUNCEMENT - FOR IMMEDIATE RELEASE*
 
CITY OF DUBLIN AND DUBLIN UNIFIED SCHOOL DISTRICT
REACH AGREEMENT ON DUBLIN CROSSING SCHOOL SITE
 
City to Provide a Lease and Option to Purchase 12-Acre Site for a Maximum of $111
 
Dublin, Calif., May 2, 2018 - At Tuesday's Dublin City Council meeting, the City Council approved an agreement with Dublin Unified School District, providing the District with a 12-acre school site within the Dublin Crossing (now referred to as The Boulevard) project to address its future student population. Previously, on April 24, 2018, the Board of Trustees of Dublin Unified School District unanimously approved the agreement.
 
The agreement sets forth the District's lease and acquisition, including a five-year term and the ability to extend the lease for an additional five years. The term of the lease option, $1 per year, plus a one-time payment of $100, begins upon the title transfer of the property from the Developer to the City. For the District, the agreement provides availability of land for a future school and flexibility in planning for that school. For the City, the school site will also serve as a future park location and allows for a potential joint-use gymnasium facility for community use.
 
The agreement comes after more than two years of negotiations between the City and the District. The City and District have now agreed to provide the District with a future school site for the maximum total price of $111; the full value of the site is estimated at $36 million, resulting in a substantial cost savings to the District. "I want to thank my colleagues who worked over the last year to bring back an agreement that takes into account the needs of the community and the future school needs," said Dublin Mayor David Haubert. "Negotiations are never easy, but we have proven again that the City and the District can work together to solve problems."
 
In 2015, the City entered into an agreement to ground lease an existing community park site in the Jordan Ranch community for a K-8 school/park site, which is now under construction as Cottonwood Creek School, scheduled for a Fall 2018 opening.
 
School Board President Amy Miller noted that "this Agreement provides the School District with land critically needed to help us meet the long-term school needs. We are pleased to be able to conclude our negotiations with the City on mutually agreeable terms. This is a noteworthy joint effort between our collective governing bodies because it serves our entire community. We look forward to building another much-needed, excellent school for students in Dublin."
 
Once the District has possession of the future school site in Dublin Crossing (The Boulevard), it will study timing and potential funding sources to build a school on the site in the future. The DUSD Board of Trustees have indicated that they remain committed to the current allocation of the Measure H bond funds, which have been designated for a future high school and earmarked for expansion and modernization of existing schools.
 
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Dublin Unified School DIstrict
"Educating Together"
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PHONE: 925-828-2551