Folk Arts-Cultural Treasures Charter School Board Meeting Minutes 2025-11-19
Predevelopment Agreement Amended With Building Hope
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Description
The board approved amending its PreDevelopment Agreement with Building Hope to increase the developer’s spending limit on development services from $175,000 to $721,400. This supports continued schematic design, pricing, and financing work for the new facility project.
Contract Details
Contract Amount
Increase in Developer’s spending limit on Development Services from $175,000 to $721,400
Vendor
BUILDING HOPE
Agency
Folk Arts-Cultural Treasures CS, PA
Contract Type
FACILITIES
Document Date
November 19, 2025
Renewal Info
Amendment increases the maximum allowable spending on development services under the existing PreDevelopment Agreement to $721,400.
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