CONTRACTONGOING

Gladstone Applies CID Funds to Amended Development Agreement

City of Gladstone logoCity of Gladstone
Disclosed value
$864,000
From resolution
Document date
Jun 8, 2026

The 30-second brief

What it covers

Gladstone will apply remaining Community Improvement District funds against $864,000 in City Lease Payments owed under its amended Development Agreement with SREH MAG GLADSTONE PARTNERS, LLC. The agreement supports the hotel project developed through the City's Chapter 100 program.

Who holds it

Sreh Mag Gladstone Partners LLC holds this facilities contract with City of Gladstone.

What happens next

Term as filed: Agreement dated February 21, 2019; amended, with no end date stated.

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Contract details

Contract type
Facilities
Amount
$864,000
Document date
June 8, 2026
Term
Agreement dated February 21, 2019; amended, with no end date stated
Source document
City of Gladstone Resolution R-26-31 Termination of Linden Block 25 Community Improvement District 2026-06-08 (Resolution)

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Questions about this contract

Who was awarded the facilities contract by City of Gladstone?

Sreh Mag Gladstone Partners LLC was awarded this facilities contract by City of Gladstone, as recorded on June 8, 2026. The contract value is $864,000.

How much is the Sreh Mag Gladstone Partners LLC contract with City of Gladstone worth?

The Sreh Mag Gladstone Partners LLC contract with City of Gladstone is valued at $864,000, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a resolution record.

Where was this contract approved?

This contract appears in City of Gladstone Resolution R-26-31 Termination of Linden Block 25 Community Improvement District 2026-06-08 (Resolution), dated June 8, 2026 from City of Gladstone. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Sreh Mag Gladstone Partners LLC hold?

Sreh Mag Gladstone Partners 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 Gladstone currently buying?

Explore City of Gladstone's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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