FACILITIESAMENDED

School Board Extends Seminole Trail Properties Lease

The School Board of Albemarle County amended its lease with Seminole Trail Properties, LLC, extending occupancy through July 31, 2034. The amendment establishes minimum rent payments totaling $6,176,176.69 over the nine listed rental periods and adds storage space and facility improvement permissions.

Document date · July 1, 2025

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TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract amount
Minimum rent schedule totaling $6,176,176.69 across nine periods: $561,891.92 for August 1, 2025–June 30, 2026, increasing to $776,495.86 for July 1, 2033–June 30, 2034; monthly rent ranges from $51,081.08 to $64,707.99
Contract type
FACILITIES
Contract term
August 1, 2025 – July 31, 2034
Renewal date
2034-07-31
Renewal
First amendment extends the original lease termination date from July 31, 2025 to July 31, 2034. No additional renewal option is stated.
Document type
Contract
Source document
School Board of Albemarle County Contract First Lease Amendment 2025-07-01

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Albemarle County Public Schools?

Seminole Trail Properties Llc was awarded this facilities contract by Albemarle County Public Schools, as recorded on July 1, 2025. The contract value is Minimum rent schedule totaling $6,176,176.69 across nine periods: $561,891.92 for August 1, 2025–June 30, 2026, increasing to $776,495.86 for July 1, 2033–June 30, 2034; monthly rent ranges from $51,081.08 to $64,707.99.

How much is the Seminole Trail Properties Llc contract with Albemarle County Public Schools worth?

The Seminole Trail Properties Llc contract with Albemarle County Public Schools is valued at Minimum rent schedule totaling $6,176,176.69 across nine periods: $561,891.92 for August 1, 2025–June 30, 2026, increasing to $776,495.86 for July 1, 2033–June 30, 2034; monthly rent ranges from $51,081.08 to $64,707.99, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a contract record.

Where was this contract approved?

This contract appears in School Board of Albemarle County Contract First Lease Amendment 2025-07-01 (Contract), dated July 1, 2025 from Albemarle County Public Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Seminole Trail Properties Llc hold?

Seminole Trail Properties 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.

View Seminole Trail Properties Llc's profile

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