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Developer Mitigates School Capacity with $2M Payment

Polk County Schools logoPolk County Schools
Disclosed value
$2,003,976.00
From contract
Document date
Feb 15, 2024
Term
10 years

The 30-second brief

What it covers

School Board and GLK Real Estate entered into a Proportionate Share Mitigation Binding Commitment Agreement where the developer will pay $2,003,976.00 as mitigation for the development.

Who holds it

Glk Real Estate holds this mitigation contract with Polk County Schools. Its other public contracts on record include work for Polk County School District.

What happens next

Term as filed: 10 years.

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Contract details

Contract type
Mitigation
Amount
$2,003,976.00
Document date
February 15, 2024
Term
10 years
Vendor
Glk Real Estate
Agency
Polk County Schools
Source document
polk-county-schoolscontract2024-02-15_ff3.pdf (Contract)

Glk Real Estate's other public contracts

Polk County School District, FloridaWynnstone school concurrency mitigation commitment released · Sep 9, 2025$2.6MPolk County Schools, North Carolinapolk-county-schoolscontract2024-07-30_5d5.pdf · Jul 30, 2024$4.6MPolk County School District, Floridapolk-county-school-districtcontract2024-07-30_ff8.pdf · Jul 30, 2024$4.6MPolk County School District, Floridapolk-county-school-district-agenda-2024-02-27_ec3.txt · Feb 27, 2024$4.6MPolk County School District, Floridapolk-county-school-district-agenda-2024-02-27_ec3.txt · Feb 27, 2024$2MAll Glk Real Estate contractsVendor profile

More Polk County Schools contracts

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Questions about this contract

Who was awarded the mitigation contract by Polk County Schools?

Glk Real Estate was awarded this mitigation contract by Polk County Schools, as recorded on February 15, 2024. The contract value is $2,003,976.00.

How much is the Glk Real Estate contract with Polk County Schools worth?

The Glk Real Estate contract with Polk County Schools is valued at $2,003,976.00, covering mitigation work.

What type of contract is this?

This is a Mitigation contract, documented as a contract record.

Where was this contract approved?

This contract appears in polk-county-schoolscontract2024-02-15_ff3.pdf (Contract), dated February 15, 2024 from Polk County Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Glk Real Estate hold?

Glk Real Estate may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Polk County Schools currently buying?

Explore Polk County Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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