Board Amends Rockwell Agreement for Siemens Property Purchase
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Description
The board approved an amendment to its purchase agreement with Rockwell for the Siemens property, revising deposit timing and expanding Rockwell’s expense reimbursement cap if court approval fails. The amendment also clarifies Rockwell’s obligation to provide a natatorium, whether built directly or by a third party.
Contract Details
Vendor
ROCKWELL
Agency
Downingtown Area SD, PA
Contract Type
FACILITIES
Document Date
November 12, 2025
Contract Term
Existing purchase agreement term unchanged; amendment restructures deposit timing and expense reimbursement cap
Renewal Info
First amendment adjusts deposit structure and raises potential expense reimbursement cap to $100,000 if court approval is denied; other milestone dates remain unchanged.
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