CONTRACTAPPROVED

City of Painesville Awards Ground Lease Contract to Vic Place (December 2024)

Disclosed value: $100.00 - $24,000; From resolution
Approved: Dec 1, 2024
Term: 3 years + 4 one-year extensions

What it covers

City of Painesville approves ground lease with Vic Place, LLC for property at 66 South St. Clair Street to provide parking for the renovation of 100 South Park Place. The lease includes an option to purchase the property for $250,000.

Who holds it

Vic Place holds this ground lease contract with City of Painesville. Its other public contracts on record include work for Town of Painesville.

What happens next

Term as filed: 3 years + 4 one-year extensions.

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Contract details

Contract type: Ground Lease
Amount: $100.00 - $24,000
Document date: December 1, 2024
Term: 3 years + 4 one-year extensions
Vendor: Vic Place
Agency: City of Painesville
Source document: city-of-painesville-resolution-approving-ground-lease-agreement_5e0.pdf (Resolution)

Vic Place's other public contracts

Town of Painesville, OhioPainesville to lease land with Vic Place LLC · Jan 27, 2025Undisclosed Town of Painesville, OhioPainesville Approves Lease for Parking near South Park Place · Jan 27, 2025Undisclosed Town of Painesville, OhioLease agreement with Vic Place LLC for parking space · Jan 21, 2025Undisclosed Town of Painesville, OhioLease agreement considered with Vic Place, LLC · Jan 21, 2025Undisclosed Town of Painesville, Ohiopainesville-agenda-2024-05-20-pdf_8cc.pdf · May 20, 2024Undisclosed All Vic Place contractsVendor profile

More City of Painesville contracts

Ohio Department of Transportation OdotCouncil Approves ODOT Asphalt Resurfacing Agreement · Dec 15, 2025Undisclosed Ohio Department of Transportation OdotCity Approves Road Resurfacing Agreement With ODOT · Dec 15, 2025Undisclosed Juan L Reynoso & Lorena ArmendarizVariance denied for accessory structure construction · Oct 20, 2025Undisclosed Hallmark ExcavatingHallmark Excavating permit for dirt extraction · Oct 20, 2025Undisclosed Jeff MonrealVariance request rescheduled for Jeff Monreal · Oct 20, 2025Undisclosed All City of Painesville activityAgency profile

Questions about this contract

Who was awarded the ground lease contract by City of Painesville?

Vic Place was awarded this ground lease contract by City of Painesville, as recorded on December 1, 2024. The contract value is $100.00 - $24,000.

How much is the Vic Place contract with City of Painesville worth?

The Vic Place contract with City of Painesville is valued at $100.00 - $24,000, covering ground lease work.

What type of contract is this?

This is a Ground Lease contract, documented as a resolution record.

Where was this contract approved?

This contract appears in city-of-painesville-resolution-approving-ground-lease-agreement_5e0.pdf (Resolution), dated December 1, 2024 from City of Painesville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Vic Place hold?

Vic Place 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 Painesville currently buying?

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

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