FACILITIESAMENDED

COCC Amends Real Estate Development Deal for Outcrop Subdivision

COCC Board approved Addendum No. 5 to its existing development agreement with William Smith Properties, Inc., authorizing up to $2.3 million in infrastructure funding for 35-lot Outcrop Subdivision Phase 2, with modified revenue sharing and sale authorization procedures.

Status
AMENDED
Document date
July 10, 2024
Contract type
FACILITIES
Vendor
William Smith Properties Inc
Agency
Central Oregon Community College · OR

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Comcate logo
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TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
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Scope & details

The full contract record, as filed.

Contract amount
Up to $2,300,000 (COCC infrastructure investment); $12,069,000 aggregate minimum lot sale price; estimated net proceeds to COCC: $5,057,733
Contract type
FACILITIES
Renewal
Fifth Addendum—prior phases completed; this amendment increases COCC's funding and modifies agreement terms. Duration will follow project timeline through lot sales.
Document type
Agenda
Source document
central-oregon-community-college-agenda-2024-07-10_558.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Central Oregon Community College?

William Smith Properties Inc was awarded this facilities contract by Central Oregon Community College, as recorded on July 10, 2024. The contract value is Up to $2,300,000 (COCC infrastructure investment); $12,069,000 aggregate minimum lot sale price; estimated net proceeds to COCC: $5,057,733.

How much is the William Smith Properties Inc contract with Central Oregon Community College worth?

The William Smith Properties Inc contract with Central Oregon Community College is valued at Up to $2,300,000 (COCC infrastructure investment); $12,069,000 aggregate minimum lot sale price; estimated net proceeds to COCC: $5,057,733, covering facilities work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in central-oregon-community-college-agenda-2024-07-10_558.pdf (Agenda), dated July 10, 2024 from Central Oregon Community College. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does William Smith Properties Inc hold?

William Smith Properties Inc 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 William Smith Properties Inc's profile

What is Central Oregon Community College currently buying?

Explore Central Oregon Community College's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Central Oregon Community College's profile

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