Recreation Lease Agreement between The School Board of Broward County, Florida and the City of HollywoodRecreation Lease Agreement • July 13th, 2015
Contract Type FiledJuly 13th, 2015Recreation Lease Agreements (RLA) (formerly referred to as Master Lease Agreements (MLA)) are long term agreements that are structured to allow for the long term continuous use of facilities identified in the RLA. The term of RLA’s varies, but typically range from twenty (20) to fifty (50) years, and currently, The School Board of Broward County, Florida (SBBC) is a party to sixty-three (63) RLA’s; the majority of which are with Broward County municipalities, and a few with Broward County. Of these RLA’s, the SBBC is the grantor of fifty-six (56) of the facilities, and the grantee (or lessee) in seven (7) of the facilities.