Riverside Recommends $920K Shared Housing Lease
City of RiversideCity · Riverside, CA- Disclosed value
- $288,900 annual compensation; $24,600 initial one-time Landlord Incentive payment; $28,800 security deposit; $920,100 total initial compensation
- From agenda
- Document date
- Nov 6, 2026
The 30-second brief
Riverside City Council is set to approve a lease agreement with Ameed Demisi for shared housing space on Janet Avenue. The three-year lease, with a possible two-year extension, carries total initial compensation of $920,100 and will provide nine residential units.
Demisi, Ameed holds this facilities contract with City of Riverside.
Term as filed: Three years with one additional two-year extension option.
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Contract details
- Contract type
- Facilities
- Amount
- $288,900 annual compensation; $24,600 initial one-time Landlord Incentive payment; $28,800 security deposit; $920,100 total initial compensation
- Document date
- November 6, 2026
- Term
- Three years with one additional two-year extension option
- Vendor
- Demisi, Ameed
- Agency
- City of Riverside
- Source document
- City of Riverside Agenda City Council Meeting 2026-11-17 (Agenda)
Demisi, Ameed's other public contracts
More City of Riverside contracts
Questions about this contract
Who was awarded the facilities contract by City of Riverside?
Demisi, Ameed was awarded this facilities contract by City of Riverside, as recorded on November 6, 2026. The contract value is $288,900 annual compensation; $24,600 initial one-time Landlord Incentive payment; $28,800 security deposit; $920,100 total initial compensation.
How much is the Demisi, Ameed contract with City of Riverside worth?
The Demisi, Ameed contract with City of Riverside is valued at $288,900 annual compensation; $24,600 initial one-time Landlord Incentive payment; $28,800 security deposit; $920,100 total initial compensation, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a agenda record.
Where was this contract approved?
This contract appears in City of Riverside Agenda City Council Meeting 2026-11-17 (Agenda), dated November 6, 2026 from City of Riverside. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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