Auburn University At Montgomery Awards Facilities Contract to Industrial Development Board of the City of Auburn (June 2026)

The Board of Trustees intends to approve a ground lease and project lease with the Industrial Development Board of the City of Auburn for a new AU-USFWS Cooperative Research Facility at the North Auburn Fisheries Station. The IDB will construct, equip, and lease the approximately 40,000-square-foot facility back to Auburn University for up to 20 years at rent equal to project costs, with nominal $10 per year ground rent.

Scope & details

The full contract record, as filed.

Contract amount

Ground lease rent $10.00/year (nominal); project lease rent equal to design, construction, and equipment costs and related expenses

Contract type

FACILITIES

Contract term

Ground Lease and Project Lease each up to but not exceeding 20 years

Renewal

Ground Lease and Project Lease may run up to 20 years; any extension or renewal beyond this term would require further agreement. University will own the facility after the project lease ends as described in supporting memorandum.

Document type

AgendaPacket

Source document

Auburn University Board of Trustees Agenda Packet 2026-06-05

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Auburn University Board of Trustees Agenda Packet 2026-06-05

APPROVED

Auburn University At Montgomery, AlabamaGround lease rent $10.00/year (nominal); project lease rent equal to costs of building and equipping New SRF Research Facility and related operating expensesJun 5, 2026

city_council_agenda_october_7_2025.pdf

PENDING

City of Auburn, AlabamaOct 7, 2025

city-of-auburn-planning-commission-regular-meeting-agenda_929.pdf

PENDING

City of Auburn, AlabamaApr 13, 2023

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Auburn University At Montgomery?

Industrial Development Board of the City of Auburn was awarded this facilities contract by Auburn University At Montgomery, as recorded on June 5, 2026. The contract value is Ground lease rent $10.00/year (nominal); project lease rent equal to design, construction, and equipment costs and related expenses.

How much is the Industrial Development Board of the City of Auburn contract with Auburn University At Montgomery worth?

The Industrial Development Board of the City of Auburn contract with Auburn University At Montgomery is valued at Ground lease rent $10.00/year (nominal); project lease rent equal to design, construction, and equipment costs and related expenses, 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 Auburn University Board of Trustees Agenda Packet 2026-06-05 (AgendaPacket), dated June 5, 2026 from Auburn University At Montgomery. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Industrial Development Board of the City of Auburn hold?

Industrial Development Board of the City of Auburn 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 Industrial Development Board of the City of Auburn's profile

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