CONTRACTAPPROVED

Koester Block Lease Approved with Frontier Development Group

City of Marysville logoCity of Marysville
Disclosed value
$10,000 now; $1,000 per year; lease payment negotiated every 5 years
From agenda
Approved
Jul 8, 2024
Renews
Free account

The 30-second brief

What it covers

Marysville approved a 100-year lease with Frontier Development Group for Koester Block commercial properties. Terms include $10,000 upfront, $1,000/yr, periodic renewals, and a purchase option after 39.5 years.

Who holds it

Frontier Development Group holds this contract with City of Marysville. Its other public contracts on record include work for City of El Dorado and Town of Marysville.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Marysville contract.

Renewal date on recordLocked

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Contract details

Amount
$10,000 now; $1,000 per year; lease payment negotiated every 5 years
Document date
July 8, 2024
Term
100-year lease; option to buy after 39.5 years
Renews
Free account
Source document
city-of-marysville-agenda-2024-07-08_a35.pdf (Agenda)

Frontier Development Group's other public contracts

More City of Marysville contracts

Questions about this contract

Who was awarded the government contract by City of Marysville?

Frontier Development Group was awarded this government contract by City of Marysville, as recorded on July 8, 2024. The contract value is $10,000 now; $1,000 per year; lease payment negotiated every 5 years.

How much is the Frontier Development Group contract with City of Marysville worth?

The Frontier Development Group contract with City of Marysville is valued at $10,000 now; $1,000 per year; lease payment negotiated every 5 years.

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-marysville-agenda-2024-07-08_a35.pdf (Agenda), dated July 8, 2024 from City of Marysville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Frontier Development Group hold?

Frontier Development Group 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 Marysville currently buying?

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

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