Stanford University leases land to the City of Palo Alto for $$1$ per year and the City builds Palo Alto High School on the leased land. Is there consideration on both sides?

No$,$ because the land is worth far more than $$\frac{1}{?}$ year

Yes, the lease of the land and $$1$ both count as consideration

Yes, because the parties considered the agreement before entering it

No$,$ a lease does not count as consideration