FACILITIESAMENDED

District Amends $46 Million Del Norte Property Sale

The district approved a Third Amendment to its purchase and sale agreement with MLC Holdings Inc. for the Del Norte Street property, setting a modified purchase price of $46 million with staged payments. The amendment requires $30 million at transfer of the property and the remaining balance by the grading permit stage or January 15, 2027, contingent on closing by August 31, 2026.

Document date · June 9, 2026

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Derivita logo
Comcate logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
Purchase price $46,000,000; $30,000,000 at transfer, balance by earlier of grading permit or 2027-01-15
Contract type
FACILITIES
Contract term
Close of escrow on or before August 31, 2026; second payment due by grading permit stage or January 15, 2027
Renewal date
2027-01-15
Renewal
Original agreement approved May 6, 2024; First Amendment dated January 13, 2026, and Second Amendment dated March 10, 2026 extended escrow. Third Amendment revises price and payment structure and adds security instruments.
Document type
Agenda
Source document
West Covina Unified School District Agenda 2026-06-09

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by West Covina Unified?

Mlc Holdings Inc was awarded this facilities contract by West Covina Unified, as recorded on June 9, 2026. The contract value is Purchase price $46,000,000; $30,000,000 at transfer, balance by earlier of grading permit or 2027-01-15.

How much is the Mlc Holdings Inc contract with West Covina Unified worth?

The Mlc Holdings Inc contract with West Covina Unified is valued at Purchase price $46,000,000; $30,000,000 at transfer, balance by earlier of grading permit or 2027-01-15, covering facilities work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in West Covina Unified School District Agenda 2026-06-09 (Agenda), dated June 9, 2026 from West Covina Unified. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Mlc Holdings Inc hold?

Mlc Holdings Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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