OTHERAPPROVED

Town Oaks Affordable Housing Developer Receives School Impact Fee Waiver

Orange County Public Schools approved an agreement with ECG Town Oaks, LP and the City of Orlando granting a 30-year school impact fee waiver of $418,562 in exchange for maintaining affordable housing at the Town Oaks project.

Status
APPROVED
Document date
April 2, 2024
Contract type
OTHER
Vendor
Ecg Town Oaks Lp
Agency
Orange Technical College-Mid Florida Campus · FL

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Impact fee waiver of $418,562.00 (62 units × $6,751)
Contract type
OTHER
Contract term
30 years (affordability period)
Renewal date
2054-04-02
Renewal
30-year restrictive covenant; fees become payable if project loses affordability before term ends.
Document type
Meeting Minutes
Source document
orange-county-public-schools-meeting-minutes-2024-04-02_bc7.txt

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Orange Technical College-Mid Florida Campus?

Ecg Town Oaks Lp was awarded this government contract by Orange Technical College-Mid Florida Campus, as recorded on April 2, 2024. The contract value is Impact fee waiver of $418,562.00 (62 units × $6,751).

How much is the Ecg Town Oaks Lp contract with Orange Technical College-Mid Florida Campus worth?

The Ecg Town Oaks Lp contract with Orange Technical College-Mid Florida Campus is valued at Impact fee waiver of $418,562.00 (62 units × $6,751).

What type of contract is this?

This is a government contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in orange-county-public-schools-meeting-minutes-2024-04-02_bc7.txt (Meeting Minutes), dated April 2, 2024 from Orange Technical College-Mid Florida Campus. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Ecg Town Oaks Lp hold?

Ecg Town Oaks Lp 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 Ecg Town Oaks Lp's profile

What is Orange Technical College-Mid Florida Campus currently buying?

Explore Orange Technical College-Mid Florida Campus's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Orange Technical College-Mid Florida Campus's profile

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