FACILITIESONGOING

COCC Ground Lease with William Smith Properties Ongoing

Central Oregon Community College continues its ground lease with William Smith Properties Inc. for the 3‑acre Ponderosa multifamily site, which includes a 12‑year property tax abatement tied to affordable units and a due diligence period through February 2027. The agreement underpins future revenue-generating housing development adjacent to campus.

Status
ONGOING
Document date
July 20, 2026
Contract type
FACILITIES
Vendor
William Smith Properties Inc
Agency
Central Oregon Community College · OR

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

The full contract record, as filed.

Contract type
FACILITIES
Contract term
Due diligence period through February 2027
Renewal date
2027-02-28
Renewal
Ground lease due diligence period extends through February 2027; future modifications under discussion include shifting to a percentage-of-rent structure and potential WSPI/COCC equity participation.
Document type
AgendaPacket
Source document
Central Oregon Community College AgendaPacket Board Real Estate Committee Meeting 2026-07-20

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Central Oregon Community College?

William Smith Properties Inc was awarded this facilities contract by Central Oregon Community College, as recorded on July 20, 2026.

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 Central Oregon Community College AgendaPacket Board Real Estate Committee Meeting 2026-07-20 (AgendaPacket), dated July 20, 2026 from Central Oregon Community College. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does William Smith Properties Inc hold?

William Smith Properties 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.

View William Smith Properties Inc's profile

What is Central Oregon Community College currently buying?

Explore Central Oregon Community College's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Central Oregon Community College's profile

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