UCLA DA 140.79: Negotiation, Approval, and Execution of Licenses for Use of Real Property |
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Date: |
September 03, 2015
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From: | Vice Chancellor & CFO Steven A. Olsen |
To: | Executive Director, Campus Service Enterprises Bradley A. Erickson |
References: |
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Supersedes: | UCLA DA 140.65 (Negotiation, Approval, and Execution of Licenses for Use of Real Property), to Executive Director Erickson, dated 6/26/2013. |
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Involve: (i) real property that is or will be used for University-related purposes, or (ii) University-related property to be used by others, and (iii) are limited in length of term and consideration as follows:
- the license term does not exceed ten (10) years excluding options when UC is licensee but including options when UC is licensor;
- the base annual consideration does not exceed $400,000 for the initial year, or
- the license term does not exceed ten (10) years excluding options when UC is licensee but including options when UC is licensor;
- Are revocable on not more than 180 days’ notice; and
- Do not involve the assumption by the University of liability for conduct of persons other than University officers, agents, employees, students, invitees, and guests, except that this restriction does not apply if under the agreement the University assumes responsibility for liability resulting from the condition of licensed property which the University is obliged to maintain (see Regents Standing order 100.4(dd)(9)), or as otherwise authorized by The Regents.
In order that I may submit a report to RESG annually, by July 31st, you shall certify and submit to me such report listing each agreement approved and executed pursuant to this delegation during the preceding fiscal year, including total cost of licensed space and average cost/square foot, and attest that all terms referenced in this delegation and the attached Lease/License Checklist have been met.
This delegation is being reissued due to an organization change and to increase the initial year License Agreement limit from $250,000 to $400,000. Any redelegation shall be in writing with copies to me and those listed below.
cc: | Chancellor Executive Vice Chancellor & Provost Vice Chancellor, Legal Affairs Manager, Administrative Policies & Delegations |