District Grants Ground Lease to Diamond Towers V LLC

Medina Valley Independent School District has executed an Option and Ground Lease Agreement with DIAMOND TOWERS V LLC for a 2,500 square foot site and related access and utility easements at Potranco Elementary School. The lease runs for an initial ten-year term with four additional five-year extension options controlled by the Lessee.

Scope & details

The full contract record, as filed.

Contract type

FACILITIES

Contract term

10 years commencing on the Commencement Date, with four (4) additional five (5) year extension periods

Renewal

Lease term is ten (10) years from the Commencement Date with four (4) additional five (5) year extension periods at the option of the Lessee. Specific renewal procedures and financial terms are contained in the underlying Lease, which is incorporated by reference but not detailed in this memorandum.

Document type

Agreement

Source document

Medina Valley Independent School District Memorandum of Option and Ground Lease Agreement 2026-07-10

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Medina ISD?

Diamond Towers V Llc was awarded this facilities contract by Medina ISD, as recorded on July 10, 2026.

What type of contract is this?

This is a Facilities contract, documented as a agreement record.

Where was this contract approved?

This contract appears in Medina Valley Independent School District Memorandum of Option and Ground Lease Agreement 2026-07-10 (Agreement), dated July 10, 2026 from Medina ISD. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Diamond Towers V Llc hold?

Diamond Towers V Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Diamond Towers V Llc's profile

What is Medina ISD currently buying?

Explore Medina ISD's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Medina ISD's profile

District Grants Ground Lease to Diamond Towers V LLC

Scope & details

Related contracts

Frequently asked questions

Who was awarded the facilities contract by Medina ISD?

What type of contract is this?

Where was this contract approved?

What other contracts does Diamond Towers V Llc hold?

What is Medina ISD currently buying?

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