Village Secures Utility Easement from School of Dreams Educational Foundation
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Description
The Village of Los Lunas and School of Dreams Educational Foundation amended their lease-purchase agreement to grant the Village a temporary construction and permanent sewer/water easement to support infrastructure for Plaza Luna Lofts Apartments. Compensation is in-kind based on future council approval.
Contract Details
Contract Amount
In-kind compensation (value not specified); no set dollar amount
Vendor
SCHOOL OF DREAMS EDUCATIONAL FOUNDATION
Agency
Los Lunas village, NM
Contract Type
FACILITIES
Document Date
June 11, 2026
Contract Term
Temporary: May 27, 2026 – July 31, 2026 (construction); Permanent easement: perpetual
Renewal Info
Permanent easement is perpetual; temporary construction easement expires at completion or July 31, 2026. Any future changes must be executed via amendment. No regular renewal cycle.
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