2026-07-14 · Board Packet · Page 14

Lease Agreement
Between
The Board of Education of the Los Alamos Public Schools
And
Carla Jaramillo dba “Hair Experts”
INITIALS: ____________  & _____________         PAGE 1 of 15                                  
                       LESSEE                     LESSOR
                                                
This Lease Agreement (“Lease”) is entered into by and between the Board of Education of the 
Los Alamos Public Schools (hereinafter “Lessor”) and Carla Jaramillo dba Hair Experts 
(hereinafter “Lessee”), (jointly referred to herein as the “Parties”).
Recitals
A. WHEREAS, Lessor is the owner of the premises more particularly described in Article 3 
of this agreement and Exhibit A attached hereto, and has the authority pursuant to 
NMSA § 1978 22-5-4(D) to acquire, lease and dispose of certain real property; and 
B. WHEREAS, the real property includes approximately (571) square feet of interior office 
space located at 2101 Trinity Drive, Suite (S), Los Alamos, New Mexico, 87544 
(hereinafter referred to as the “Leased Premises”) with shared use of the parking lot 
located on the Property; and
C. WHEREAS, subject to approval of the State Board of Finance (hereinafter “SBOF”), 
Lessor has the right and authority to lease the Leased Premises to Lessee; and 
D. WHEREAS, in consideration of the representations, agreements and conditions 
hereinafter set forth, Lessor desires to lease the Leased Premises to Lessee, together 
with Lessor’s rights of ingress and egress and all existing easements and appurtenances 
thereto; and 
E.  WHEREAS, Lessee and Lessor hereby acknowledge that this Lease is contingent upon 
approval by the Board of Education of the Los Alamos Public Schools, and shall not be 
effective until such approval is obtained.
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which 
are hereby acknowledged, the parties agree that the Recitals set forth above are hereby 
incorporated by reference and made an integral part of this Lease as if full set forth herein and 
as follows: 
ARTICLE 1 - EFFECTIVE DATE
The “Effective Date” of this Lease shall be August 1, 2026 or the first business day following the 
date this Lease receives approval by the Board of Education, whichever is later.
ARTICLE 2 - TERM AND EXTENSION OPTION
The Term of this Lease (“Initial Term”) shall be for a period of two (2) years commencing on the 
“Effective Date” with option(s) to extend the Initial Term, as described below in Article 7 of this 
Lease.