The bill establishes 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 create a new 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 rent is set at $704,966.90, which includes net rental, operating costs, and real estate taxes. The agreement also includes provisions for tenant improvements funded by a landlord-funded allowance of nearly $1,000,000, supplemented by a grant from Bloomberg Philanthropies.

The bill outlines various responsibilities and obligations of both the District and the landlord, including maintenance, compliance with environmental laws, and insurance requirements. It emphasizes the importance of non-discrimination policies and mandates that the landlord provide essential services while ensuring that the District's use of the premises complies with all relevant laws. Additionally, the bill includes provisions for the management of tenant improvements, detailing the approval process for plans and specifications, and establishes a framework for addressing defaults and liabilities. Overall, the bill aims to create a comprehensive and clear structure for the lease agreement, ensuring that both parties understand their rights and responsibilities.