Johnston amends golf development agreement, increases payment
City of JohnstonCity · Johnston, IA- Disclosed value
- $2,582,500
- From agreement
- Document date
- Mar 20, 2026
The 30-second brief
The City of Johnston and Johnston Golf Development, LLC executed Amendment No. 2 to their Amended and Restated Purchase, Sale, and Development Agreement, increasing the Enhanced Purchase Price Payment to $2,582,500 and requiring an annually renewable standby Letter of Credit in that amount. The amendment also adjusts financing and construction milestones for the golf and hotel facilities and obligates the developer to reimburse the City’s related legal expenses.
Johnston Golf Development LLC holds this contract with City of Johnston.
Term as filed: Letter of Credit due on or before April 22, 2026; automatically renewable annually; Minimum Actual Value assessment from January 1, 2027 through the Assessment Termination Date.
See who decides the next one before it's bid.
Get pre-RFPs freeFree account · 30-second setup · No credit card
Contract details
- Amount
- $2,582,500
- Document date
- March 20, 2026
- Term
- Letter of Credit due on or before April 22, 2026; automatically renewable annually; Minimum Actual Value assessment from January 1, 2027 through the Assessment Termination Date
- Agency
- City of Johnston
- Source document
- City of Johnston Amendment No. 2 to Amended and Restated Purchase, Sale, and Development Agreement 2026-03-20 (Agreement)
Johnston Golf Development LLC's other public contracts
More City of Johnston contracts
Questions about this contract
Who was awarded the government contract by City of Johnston?
Johnston Golf Development LLC was awarded this government contract by City of Johnston, as recorded on March 20, 2026. The contract value is $2,582,500.
How much is the Johnston Golf Development LLC contract with City of Johnston worth?
The Johnston Golf Development LLC contract with City of Johnston is valued at $2,582,500.
What type of contract is this?
This is a government contract, documented as a agreement record.
Where was this contract approved?
This contract appears in City of Johnston Amendment No. 2 to Amended and Restated Purchase, Sale, and Development Agreement 2026-03-20 (Agreement), dated March 20, 2026 from City of Johnston. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does Johnston Golf Development LLC hold?
Johnston Golf Development 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 Johnston currently buying?
Explore City of Johnston's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.