District, developer structure TK‑8 school and park deal
City of LincolnCity · Lincoln, CA- Disclosed value
- Approximately $108,150,000 total School Facilities cost (2025 dollars); Park Credit estimated at $6,000,000; Construction Ready Costs estimated at $1,800,000; Park/School Site Development Costs estimated at $2,800,000; School Site to be purchased at appraised fair‑market value plus documented site development costs, with payment via Special Note
- From agendapacket
- Document date
- May 13, 2025
The 30-second brief
Western Placer Unified School District is entering a School Facilities Agreement with Lincoln Land Holdings, LLC to secure a 16.6‑acre TK‑8 school site, an 8.5‑acre regional park, and related infrastructure in Village 7, financed through developer fees, a developer contribution linked to a $6 million park credit, CFD bonds, and other public funding sources. Lewis will sell the school site at appraised residential value in construction-ready condition, build the park, and pay statutory school impact fees for all residential, commercial, and active adult units in the project.
Lincoln Land Holdings LLC holds this facilities contract with City of Lincoln. Its other public contracts on record include work for Western Placer Unified.
Term as filed: Effective date in 2025; CFD special taxes up to 45 years; Bonds up to 30‑year maturities with refundings; Special Note payable upon satisfaction of specified triggers, but no later than 7 years after DSA close‑out; School Site reservation and obligations run with land until conditions satisfied.
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Contract details
- Contract type
- Facilities
- Amount
- Approximately $108,150,000 total School Facilities cost (2025 dollars); Park Credit estimated at $6,000,000; Construction Ready Costs estimated at $1,800,000; Park/School Site Development Costs estimated at $2,800,000; School Site to be purchased at appraised fair‑market value plus documented site development costs, with payment via Special Note
- Document date
- May 13, 2025
- Term
- Effective date in 2025; CFD special taxes up to 45 years; Bonds up to 30‑year maturities with refundings; Special Note payable upon satisfaction of specified triggers, but no later than 7 years after DSA close‑out; School Site reservation and obligations run with land until conditions satisfied
- Agency
- City of Lincoln
- Source document
- Western Placer Unified School District Agenda Packet May 2025 (AgendaPacket)
Lincoln Land Holdings LLC's other public contracts
More City of Lincoln contracts
Questions about this contract
Who was awarded the facilities contract by City of Lincoln?
Lincoln Land Holdings LLC was awarded this facilities contract by City of Lincoln, as recorded on May 13, 2025. The contract value is Approximately $108,150,000 total School Facilities cost (2025 dollars); Park Credit estimated at $6,000,000; Construction Ready Costs estimated at $1,800,000; Park/School Site Development Costs estimated at $2,800,000; School Site to be purchased at appraised fair‑market value plus documented site development costs, with payment via Special Note.
How much is the Lincoln Land Holdings LLC contract with City of Lincoln worth?
The Lincoln Land Holdings LLC contract with City of Lincoln is valued at Approximately $108,150,000 total School Facilities cost (2025 dollars); Park Credit estimated at $6,000,000; Construction Ready Costs estimated at $1,800,000; Park/School Site Development Costs estimated at $2,800,000; School Site to be purchased at appraised fair‑market value plus documented site development costs, with payment via Special Note, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Western Placer Unified School District Agenda Packet May 2025 (AgendaPacket), dated May 13, 2025 from City of Lincoln. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Lincoln Land Holdings LLC hold?
Lincoln Land Holdings LLC 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 Lincoln currently buying?
Explore City of Lincoln's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.