Best Academy Awards Facilities Contract to SEED (December 2022)
Best AcademySchool · Minneapolis, MN- Disclosed value
- $10,100,000 purchase price; approximately $485,485 in total relief through retention of the $142,285 security deposit and 10 years of free rent and operating expenses
- From minutes
- Approved
- Dec 13, 2022
The 30-second brief
Harvest Best Academy authorized leadership to submit Seed a formal offer to purchase the school facility and parking lot for $10.1 million. The proposed transaction includes approximately $485,485 in relief for Seed through retained security funds and 10 years of free rent and operating expenses, subject to contingencies and a right of first refusal.
SEED holds this facilities contract with Best Academy. Its other public contracts on record include work for Village of Pelham Manor and Town of Cape Elizabeth.
Term as filed: Proposed 30-day due diligence period, or 60 days at the longest; closing date not specified.
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Contract details
- Contract type
- Facilities
- Amount
- $10,100,000 purchase price; approximately $485,485 in total relief through retention of the $142,285 security deposit and 10 years of free rent and operating expenses
- Document date
- December 13, 2022
- Term
- Proposed 30-day due diligence period, or 60 days at the longest; closing date not specified
- Vendor
- SEED
- Agency
- Best Academy
- Source document
- Harvest Best Academy Board of Directors Meeting Minutes 2022-12-13 (Minutes)
SEED's other public contracts
More Best Academy contracts
Questions about this contract
Who was awarded the facilities contract by Best Academy?
SEED was awarded this facilities contract by Best Academy, as recorded on December 13, 2022. The contract value is $10,100,000 purchase price; approximately $485,485 in total relief through retention of the $142,285 security deposit and 10 years of free rent and operating expenses.
How much is the SEED contract with Best Academy worth?
The SEED contract with Best Academy is valued at $10,100,000 purchase price; approximately $485,485 in total relief through retention of the $142,285 security deposit and 10 years of free rent and operating expenses, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Harvest Best Academy Board of Directors Meeting Minutes 2022-12-13 (Minutes), dated December 13, 2022 from Best Academy. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does SEED hold?
SEED 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 Best Academy currently buying?
Explore Best Academy's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.