FACILITIESAPPROVED

Town of Hollywood Awards Facilities Contract to Petersen Property (May 2026)

The Town of Hollywood previously approved a settlement agreement to purchase approximately 160 acres of the Petersen property for $2.9 million to resolve litigation. The acquisition, valued against an $11 million assessment, is being financed through forthcoming municipal bond arrangements.

Status
APPROVED
Document date
May 19, 2026
Contract type
FACILITIES
Vendor
Petersen Property
Agency
Town of Hollywood · SC

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WithersRavenel logo
Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
$2.9 million
Contract type
FACILITIES
Document type
Minutes
Source document
Town of Hollywood Minutes Regular Town Council Meeting 2026-05-19

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Town of Hollywood?

Petersen Property was awarded this facilities contract by Town of Hollywood, as recorded on May 19, 2026. The contract value is $2.9 million.

How much is the Petersen Property contract with Town of Hollywood worth?

The Petersen Property contract with Town of Hollywood is valued at $2.9 million, covering facilities work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Hollywood Minutes Regular Town Council Meeting 2026-05-19 (Minutes), dated May 19, 2026 from Town of Hollywood. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Petersen Property hold?

Petersen Property 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 Petersen Property's profile

What is Town of Hollywood currently buying?

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

View Town of Hollywood's profile

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