Discussion and possible action on any and all items regarding ratifying the contract with ICE. (Kay Marion Macuil, General Counsel)

The Board President signed the renewal contract between the San Luis Facility Development Corporation and  U.S. Immigration and Customs Enforcement ("ICE") on February 28, 2025. We did not bring it to the full Board so that the higher prices could take effect immediately on March 1, 2025. The contract had been negotiated since September of 2024. The Chief Financial Officer of LaSalle and Ms. Macuil together communicated with the  ICE Contracting Officer. We also held off until we had more items to bring before the Board.

The contract is renewed for 5 years. The 100-bed guarantee continues. The per-person-per-day rate of $125 had not been raised for 2½ years. 
The per-person-per-day rate is $140 for the first year, $143.5 for the second, $147.09 for the third, $150.77 for the 4th, and $154.54 for the fifth year. ICE pays for transportation, which is not part of the money that goes to pay the bonds. The buses cost in excess of $600,000 and the mileage was at 60 cents a mile.  This renewal allows for $5.83 per mile.

Ratification of the renewal contract is requested.