The bill proposes a lease agreement between the District of Columbia and STE 17 Phase D LLC for office space at 1201 Sycamore Drive SE, intended for use by the Office of the State Superintendent of Education (OSSE). The lease encompasses 10,670 square feet over a primary term of 10 years, with an option for a 5-year extension. The first-year rent is set at $704,966.90, which includes net rental, operating costs, and real estate taxes, with scheduled annual escalations. The agreement is part of a broader initiative to establish an Advanced Technical Center (ATC) in Ward 8, providing career-focused education to high school students, particularly in proximity to medical facilities for on-site training.

The bill includes various provisions regarding the responsibilities of both the District and the landlord, including maintenance, environmental compliance, and nondiscrimination in employment practices. It introduces new legal language defining the "District's Proportionate Share" and outlines the process for adjusting this share based on changes to the building's rentable area. Additionally, the bill emphasizes the importance of compliance with labor standards, particularly regarding wage determinations and the treatment of apprentices and trainees. Overall, the bill aims to establish a clear framework for the lease agreement, ensuring that both parties understand their rights and obligations while promoting a safe and compliant environment for the District's operations.