Compton College ground leases student housing site to State
Compton CollegeHigher Ed · Compton, CA- Disclosed value
- $10.00 per year (prepaid in full on Effective Date)
- From agreement
- Document date
- Jul 1, 2026
The 30-second brief
Compton Community College District will ground lease its student housing project site and improvements in Los Angeles County to the California Community Colleges Board of Governors for a prepaid rent of $10.00 per year, enabling lease-revenue bond financing under the SB 155 Student Housing Financing Program. The lease term extends up to 50 years or until related state bonds and indebtedness are fully repaid, with affordability and non-encumbrance covenants in place.
Compton Community College District holds this facilities contract with Compton College. Its other public contracts on record include work for Compton Virtual Academy.
Term as filed: From Effective Date until the earlier of 50 years from Effective Date or termination of the Facility Lease, but in no event before all Bonds and related indebtedness are fully repaid.
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Contract details
- Contract type
- Facilities
- Amount
- $10.00 per year (prepaid in full on Effective Date)
- Document date
- July 1, 2026
- Term
- From Effective Date until the earlier of 50 years from Effective Date or termination of the Facility Lease, but in no event before all Bonds and related indebtedness are fully repaid
- Agency
- Compton College
- Source document
- Compton Community College District Ground Lease 2026-07-01 (Agreement)
Compton Community College District's other public contracts
More Compton College contracts
Questions about this contract
Who was awarded the facilities contract by Compton College?
Compton Community College District was awarded this facilities contract by Compton College, as recorded on July 1, 2026. The contract value is $10.00 per year (prepaid in full on Effective Date).
How much is the Compton Community College District contract with Compton College worth?
The Compton Community College District contract with Compton College is valued at $10.00 per year (prepaid in full on Effective Date), covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a agreement record.
Where was this contract approved?
This contract appears in Compton Community College District Ground Lease 2026-07-01 (Agreement), dated July 1, 2026 from Compton College. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Compton Community College District hold?
Compton Community College 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 Compton College currently buying?
Explore Compton College's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.