The bill proposes a lease agreement between the District of Columbia and STE 17 Phase D LLC for 10,670 square feet of office space at 1201 Sycamore Drive SE, intended for the District's Office of the State Superintendent of Education (OSSE) to establish an Advanced Technical Center (ATC) for career-focused training for high school students. The lease is for a primary term of 10 years, with an option to extend for an additional 5 years, and the first year's total annual rent is set at $704,966.90, which includes net rental, operating costs, and real estate taxes. The location was chosen based on a market survey by the Department of General Services (DGS) to ensure proximity to medical service providers for on-site training.

The bill includes various provisions regarding the lease, such as definitions of key terms, responsibilities for maintenance and repairs, and conditions for tenant improvements funded by a landlord allowance and a Bloomberg Philanthropies grant. It also clarifies the conditions under which the lease becomes binding, requiring signatures from the Director of the Department of General Services and the Office of the General Counsel. Additionally, the bill introduces new legal language defining the "District's Proportionate Share" and outlines the responsibilities of both parties regarding compliance with environmental laws, maintenance, and alterations to the premises. Overall, the amendments aim to ensure clarity in financial obligations and responsibilities while promoting effective communication between the landlord and the District.