City Plans Depot Lease With Chamber of Commerce
- Disclosed value
- $1,500/month first year with 3% annual increases; renewals increase base rent by 10% with 3% annual increases each renewal term
- From agenda
- Document date
- Jun 15, 2026
- Renews
- Free account
The 30-second brief
Springfield plans to lease its 101 S. A Street Depot property to the Springfield Area Chamber of Commerce under a new five-year agreement starting July 1, 2026. The lease sets initial rent at $1,500 per month with scheduled increases and includes two optional five-year renewals.
Springfield Area Chamber of Commerce holds this facilities contract with City of Springfield. Its other public contracts on record include work for City Utilities Of Springfield.
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Contract details
- Contract type
- Facilities
- Amount
- $1,500/month first year with 3% annual increases; renewals increase base rent by 10% with 3% annual increases each renewal term
- Document date
- June 15, 2026
- Term
- Initial term 5 years beginning July 1, 2026, with two optional five-year renewal terms
- Renews
- On record
- Agency
- City of Springfield
- Source document
- City of Springfield Agenda 2026-06-15 (Agenda)
Springfield Area Chamber of Commerce's other public contracts
More City of Springfield contracts
Questions about this contract
Who was awarded the facilities contract by City of Springfield?
Springfield Area Chamber of Commerce was awarded this facilities contract by City of Springfield, as recorded on June 15, 2026. The contract value is $1,500/month first year with 3% annual increases; renewals increase base rent by 10% with 3% annual increases each renewal term.
How much is the Springfield Area Chamber of Commerce contract with City of Springfield worth?
The Springfield Area Chamber of Commerce contract with City of Springfield is valued at $1,500/month first year with 3% annual increases; renewals increase base rent by 10% with 3% annual increases each renewal term, 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 City of Springfield Agenda 2026-06-15 (Agenda), dated June 15, 2026 from City of Springfield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Springfield Area Chamber of Commerce hold?
Springfield Area Chamber of Commerce 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 City of Springfield currently buying?
Explore City of Springfield's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.