Pima County Community College District Board Policy

Board Policy Title:  Signature Authority for Leases
Board Policy Number:  BP-1301
Adoption Date:  4/14/04
Revision Date(s):  11/23/09
Schedule for Review & Update:   Annually
Unit Responsible for Review & Update:  Board of Governors / Chancellor
Sponsoring Unit/Department:  Board of Governors / Chancellor
Motion Number:  6521
Legal Reference:  Arizona Revised Statues 15-1444 B.2
Cross Reference:  Use of Facilities, BP-2503

The Board of Governors delegates to the Chancellor or designee the authority to review and sign, on behalf of the District, as lessor all leases of District-owned property and as lessee all leases on non-owned property.  Authorization shall not exceed an annual rent of $100,000.

The Chancellor or his/her designee shall develop all necessary procedures to ensure the financial and operational integrity of District leases.