A. Minimum: No minimum lease term is required. Leases for less than ninety (90) days are exempted from this rule.
B. Maximum: PCD will not approve any lease which exceeds a total term of twenty (20) years, including all options-to-renew (examples of acceptable terms are ten (10) years with one ten-year (10) option, or twenty years with no option).
C. Options to purchase: Any proposal which includes an option to purchase shall be deemed nonresponsive and shall be rejected.