CONTRACTPENDING

Madison Terrace Developer Included In Housing Grant Amendment

Disclosed value: $640,000; From agenda
Document date: Aug 25, 2026

What it covers

The City is considering an amendment involving Madison Terrace, LLC as developer of the Madison Terrace Phase I affordable housing project. The project is supported by a $640,000 City funding allocation, with the amended agreement allowing direct disbursement to the developer when designated by the grantee.

Who holds it

Madison Terrace LLC holds this contract with City of Lake Worth Beach, City Hall. Its other public contracts on record include work for City of Lake Worth Beach.

What happens next

Term as filed: Terminates upon project completion and issuance of certificates of occupancy, or 26 months from the amendment agreement date, whichever occurs first.

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Contract details

Amount: $640,000
Document date: August 25, 2026
Term: Terminates upon project completion and issuance of certificates of occupancy, or 26 months from the amendment agreement date, whichever occurs first
Vendor: Madison Terrace LLC
Agency: City of Lake Worth Beach, City Hall
Source document: City of Lake Worth Beach Agenda 2026-08-25 (Agenda)

Madison Terrace LLC's other public contracts

City of Lake Worth Beach, FloridaDeveloper Added to Madison Terrace Funding Agreement · Aug 25, 2026$640K City of Lake Worth Beach, FloridaCity Adds Madison Terrace LLC as Grant Developer · Aug 20, 2026$640K City of Lake Worth Beach, FloridaCity Approves Bill of Sale with Madison Terrace LLC · Jun 2, 2026Undisclosed City of Lake Worth Beach, FloridaCity Approves Bill of Sale With Madison Terrace LLC · May 26, 2026Undisclosed City of Lake Worth Beach, City Hall, FloridaCity Approves Bill of Sale With Madison Terrace · May 21, 2026Undisclosed All Madison Terrace LLC contractsVendor profile

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Questions about this contract

Who was awarded the government contract by City of Lake Worth Beach, City Hall?

Madison Terrace LLC was awarded this government contract by City of Lake Worth Beach, City Hall, as recorded on August 25, 2026. The contract value is $640,000.

How much is the Madison Terrace LLC contract with City of Lake Worth Beach, City Hall worth?

The Madison Terrace LLC contract with City of Lake Worth Beach, City Hall is valued at $640,000.

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Lake Worth Beach Agenda 2026-08-25 (Agenda), dated August 25, 2026 from City of Lake Worth Beach, City Hall. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Madison Terrace LLC hold?

Madison Terrace 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 Lake Worth Beach, City Hall currently buying?

Explore City of Lake Worth Beach, City Hall's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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