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Lease Agreementpending

patrick-henry-community-college-agenda-2025-05-22_c47.txt

Laurel Ridge College is constructing a Powerline Training facility

$50,000Patrick Henry Community CollegeLAUREL RIDGE EDUCATIONAL FOUNDATIONMay 22, 2025

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Laurel Ridge Community College plans to lease land from its foundation to construct a Powerline Training Facility.The operating lease agreement, with the Laurel Ridge Educational Foundation, involves a $50,000 annual rent, payable to the Foundation. The agreement supports expanding workforce training capacity in the region.

Contract Details

Contract Amount

$50,000

Vendor

LAUREL RIDGE EDUCATIONAL FOUNDATION

Agency

Patrick Henry Community College, VA

Contract Type

Lease Agreement

Document Date

May 22, 2025

Contract Term

10 years

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