City of Stockton Awards $3,100,000 Financial Services Contract to Miracle Mile Community Improvement District (December 2024)
City of StocktonCity · KS- Disclosed value
- $3,100,000
- From resolution
- Approved
- Dec 3, 2024
The 30-second brief
The City of Stockton is entering into a Grant Agreement with Miracle Mile Community Improvement District to provide up to $3,100,000 for acquisition and development of property at 230-250 Dorris Place and 231 Bedford Road as a Miracle Mile Maintenance Substation with associated public safety and parking improvements. The grant is secured by a Performance Deed of Trust and carries a term of 55 years from issuance of an occupancy permit, with funds disbursed through escrow and on a reimbursement basis.
Miracle Mile Community Improvement District holds this financial services contract with City of Stockton. Its other public contracts on record include work for San Joaquin Waterworks District No. 2 (San Joaquin).
Term as filed: Fifty-five (55) years from the date of the issuance of the occupancy permit for the Development, or earlier termination under the Agreement.
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Contract details
- Contract type
- Financial Services
- Amount
- $3,100,000
- Document date
- December 3, 2024
- Term
- Fifty-five (55) years from the date of the issuance of the occupancy permit for the Development, or earlier termination under the Agreement
- Agency
- City of Stockton
- Source document
- city-of-stockton-resolution-2024-12-03_e0c.pdf (Resolution)
Miracle Mile Community Improvement District's other public contracts
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Questions about this contract
Who was awarded the financial services contract by City of Stockton?
Miracle Mile Community Improvement District was awarded this financial services contract by City of Stockton, as recorded on December 3, 2024. The contract value is $3,100,000.
How much is the Miracle Mile Community Improvement District contract with City of Stockton worth?
The Miracle Mile Community Improvement District contract with City of Stockton is valued at $3,100,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record.
Where was this contract approved?
This contract appears in city-of-stockton-resolution-2024-12-03_e0c.pdf (Resolution), dated December 3, 2024 from City of Stockton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Miracle Mile Community Improvement District hold?
Miracle Mile Community Improvement District 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 Stockton currently buying?
Explore City of Stockton's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.