CONTRACTAPPROVED

City of Shreveport Awards Facilities Contract to Shreveport Hp Allendale LLC (April 2022)

City of Shreveport logoCity of Shreveport
Disclosed value
$100.00 option fee; $10.00 annual rent
From resolution
Approved
Apr 11, 2022
Renews
Free account

The 30-second brief

What it covers

The Shreveport City Council authorized an Option to Ground Lease with Shreveport HP Allendale, LLC for the Heritage Place at Allendale affordable mixed-income development. The agreement includes a $100 option fee, nominal annual rent, and a 75‑year lease term, supporting the City's HUD Choice Neighborhood Implementation Grant obligations.

Who holds it

Shreveport Hp Allendale LLC holds this facilities contract with City of Shreveport.

What happens next

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Contract details

Contract type
Facilities
Amount
$100.00 option fee; $10.00 annual rent
Document date
April 11, 2022
Term
Option period through December 31, 2022; ground lease term 75 years commencing at Closing (on or about December 31, 2022)
Renews
On record
Source document
city_council_meeting_agenda_april_12_2022.pdf (Resolution)

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Questions about this contract

Who was awarded the facilities contract by City of Shreveport?

Shreveport Hp Allendale LLC was awarded this facilities contract by City of Shreveport, as recorded on April 11, 2022. The contract value is $100.00 option fee; $10.00 annual rent.

How much is the Shreveport Hp Allendale LLC contract with City of Shreveport worth?

The Shreveport Hp Allendale LLC contract with City of Shreveport is valued at $100.00 option fee; $10.00 annual rent, 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_council_meeting_agenda_april_12_2022.pdf (Resolution), dated April 11, 2022 from City of Shreveport. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Shreveport Hp Allendale LLC hold?

Shreveport Hp Allendale 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 Shreveport currently buying?

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

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