Gift Account Established for New England Deaconess Funds

The Concord Select Board approved creation of a gift account to receive long-term payments from New England Deaconess Association under an existing Memorandum of Agreement tied to its expansion. The funds, to be paid over 10 years contingent on occupancy, are to prioritize housing for seniors aged 55 and older.

Scope & details

The full contract record, as filed.

Contract type

OTHER

Contract term

10 years (payments over 10 years, contingent upon occupancy levels)

Renewal

Payments will be made over a 10-year period contingent on occupancy levels, pursuant to an existing Memorandum of Agreement; no explicit renewal terms stated.

Document type

Minutes

Source document

town-of-concord-select-board-minutes-july-14-2025_b4d.pdf

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Town of Concord Natural Resources Commission Meeting Agenda 2026-07-15

PENDING

Town of Concord, MassachusettsJul 15, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Town of Concord?

New England Deaconess Association was awarded this government contract by Town of Concord, as recorded on July 14, 2025.

What type of contract is this?

This is a government contract, documented as a minutes record.

Where was this contract approved?

This contract appears in town-of-concord-select-board-minutes-july-14-2025_b4d.pdf (Minutes), dated July 14, 2025 from Town of Concord. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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