Colorado City Unified District Awards Financial Services Contract to Abundant Life Foundation (April 2022)
Colorado City Unified DistrictSchool · Colorado City, AZ- Disclosed value
- Principal not to exceed $1,500,000; interest rate not to exceed 10%
- From agenda
- Approved
- Apr 11, 2022
The 30-second brief
The Colorado City Unified School District Governing Board is asked to approve a lease-purchase agreement and ground lease with Abundant Life Foundation for up to $1,500,000 at an interest rate not to exceed 10%. The financing will support construction and acquisition of new school buildings, including a gymnasium, with repayment from capital funds and ESSER III grants.
Abundant Life Foundation holds this financial services contract with Colorado City Unified District. Its other public contracts on record include work for Berkshire Local Schools.
Term as filed: Lease-purchase agreement term less than 20 years (per A.R.S. 15-342.9 reference).
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Contract details
- Contract type
- Financial Services
- Amount
- Principal not to exceed $1,500,000; interest rate not to exceed 10%
- Document date
- April 11, 2022
- Term
- Lease-purchase agreement term less than 20 years (per A.R.S. 15-342.9 reference)
- Vendor
- Abundant Life Foundation
- Source document
- colorado-city-unified-school-district-governing-board-meeting-agenda-april-11-2022_c53.md (Agenda)
Abundant Life Foundation's other public contracts
More Colorado City Unified District contracts
Questions about this contract
Who was awarded the financial services contract by Colorado City Unified District?
Abundant Life Foundation was awarded this financial services contract by Colorado City Unified District, as recorded on April 11, 2022. The contract value is Principal not to exceed $1,500,000; interest rate not to exceed 10%.
How much is the Abundant Life Foundation contract with Colorado City Unified District worth?
The Abundant Life Foundation contract with Colorado City Unified District is valued at Principal not to exceed $1,500,000; interest rate not to exceed 10%, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in colorado-city-unified-school-district-governing-board-meeting-agenda-april-11-2022_c53.md (Agenda), dated April 11, 2022 from Colorado City Unified District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Abundant Life Foundation hold?
Abundant Life Foundation 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 Colorado City Unified District currently buying?
Explore Colorado City Unified District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.