FACILITIESRECOMMENDED

Staff Urges Action on Westwin Obligations

LEDA staff recommended that the Board either direct negotiation of revised lease and repayment terms with Westwin Elements, Inc. or adopt a resolution to enforce the Authority’s rights, including recovering possession of the leased premises and collecting amounts due under the matured loan. The action targets resolution of obligations tied to a pilot refinery facility.

Document date · August 20, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Scope & details

The full contract record, as filed.

Contract amount
$2,700,000 outstanding principal plus accrued interest; potential $400,000 land conveyance
Contract type
FACILITIES
Contract term
Ground Lease expired June 1, 2026; Promissory Note matured June 1, 2026
Renewal date
2026-06-01
Renewal
No renewal terms are proposed; options are to renegotiate terms or proceed with enforcement following lease expiration and loan maturity.
Document type
AgendaPacket
Source document
Lawton Economic Development Authority Agenda Packet 2026-08-20

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by City of Lawton?

Westwin Elements Inc was awarded this facilities contract by City of Lawton, as recorded on August 20, 2026. The contract value is $2,700,000 outstanding principal plus accrued interest; potential $400,000 land conveyance.

How much is the Westwin Elements Inc contract with City of Lawton worth?

The Westwin Elements Inc contract with City of Lawton is valued at $2,700,000 outstanding principal plus accrued interest; potential $400,000 land conveyance, 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 Lawton Economic Development Authority Agenda Packet 2026-08-20 (AgendaPacket), dated August 20, 2026 from City of Lawton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Westwin Elements Inc hold?

Westwin Elements Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Westwin Elements Inc's profile

What is City of Lawton currently buying?

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