Tacoma Metropolitan Park District Awards Facilities Contract to Asia Pacific Cultural Center (June 2024)
Tacoma Metropolitan Park DistrictSpecial District · Tacoma, WA- Disclosed value
- $1.00 per year (ground lease rent); construction costs paid by Asia Pacific Cultural Center
- From agenda
- Approved
- Jun 10, 2024
The 30-second brief
Metro Parks Tacoma authorized its Executive Director to finalize and execute both a construction agreement and a long-term ground lease with the Asia Pacific Cultural Center for a new cultural facility at South Park. The ground lease will run for 30 years with a 20-year extension option at $1 per year, with APCC funding demolition and construction.
Asia Pacific Cultural Center holds this facilities contract with Tacoma Metropolitan Park District. Its other public contracts on record include work for Village of Lakewood and City of Gig Harbor.
Term as filed: Ground lease initial term 30 years with additional 20-year extension option.
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Contract details
- Contract type
- Facilities
- Amount
- $1.00 per year (ground lease rent); construction costs paid by Asia Pacific Cultural Center
- Document date
- June 10, 2024
- Term
- Ground lease initial term 30 years with additional 20-year extension option
- Source document
- Metro Parks Tacoma Board Meeting Agenda June 2024 (Agenda)
Asia Pacific Cultural Center's other public contracts
More Tacoma Metropolitan Park District contracts
Questions about this contract
Who was awarded the facilities contract by Tacoma Metropolitan Park District?
Asia Pacific Cultural Center was awarded this facilities contract by Tacoma Metropolitan Park District, as recorded on June 10, 2024. The contract value is $1.00 per year (ground lease rent); construction costs paid by Asia Pacific Cultural Center.
How much is the Asia Pacific Cultural Center contract with Tacoma Metropolitan Park District worth?
The Asia Pacific Cultural Center contract with Tacoma Metropolitan Park District is valued at $1.00 per year (ground lease rent); construction costs paid by Asia Pacific Cultural Center, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Metro Parks Tacoma Board Meeting Agenda June 2024 (Agenda), dated June 10, 2024 from Tacoma Metropolitan Park District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Asia Pacific Cultural Center hold?
Asia Pacific Cultural Center may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Tacoma Metropolitan Park District currently buying?
Explore Tacoma Metropolitan Park District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.