Town of Rico Awards Facilities Contract to Rico Historical Society (July 2026)

The Town of Rico approved a 99-year lease with the Rico Historical Society for the museum facility at 15 S. Glasgow Avenue at $1 per year. The agreement assigns interior maintenance and utilities to the Historical Society, while the Town retains exterior and structural responsibilities and provides water service.

Scope & details

The full contract record, as filed.

Contract amount

$1.00 per year

Contract type

FACILITIES

Contract term

99-year term starting July 15, 2026, with automatic 10-year renewals unless either party gives notice at least one year before expiration

Renewal

Automatically renews for successive 10-year terms unless either party gives at least one year’s written notice before the expiration of the then-current term. Agreement may terminate earlier by mutual agreement, destruction or damage making the facility unusable, dissolution of the Historical Society, or uncured breach after 45 days’ written notice.

Document type

AgendaPacket

Source document

Town of Rico AgendaPacket July Board of Trustees Meeting 2026-07-08

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Town of Rico Board of Trustees Agenda 2026-07-15

PENDING

Town of Rico, ColoradoJul 15, 2026

town-of-rico-board-meeting-minutes-january-30-2025_faa.pdf

approved

Town of Rico, Colorado$125,000Jan 30, 2025

town-of-rico-board-of-trustees-special-meeting-january-2025_b32.pdf

Town of Rico, Colorado$360,000Jan 29, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Town of Rico?

Rico Historical Society was awarded this facilities contract by Town of Rico, as recorded on July 8, 2026. The contract value is $1.00 per year.

How much is the Rico Historical Society contract with Town of Rico worth?

The Rico Historical Society contract with Town of Rico is valued at $1.00 per year, covering facilities work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Rico AgendaPacket July Board of Trustees Meeting 2026-07-08 (AgendaPacket), dated July 8, 2026 from Town of Rico. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Rico Historical Society hold?

Rico Historical Society 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 Rico Historical Society's profile

What is Town of Rico currently buying?

Explore Town of Rico's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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