CONTRACTAPPROVED

City of Stockton Awards $973,500 Settlement Contract to Marina Towers (April 2025)

City of Stockton logoCity of Stockton
Disclosed value
$973,500
From resolution
Approved
Apr 11, 2025

The 30-second brief

What it covers

City of Stockton approves agreement with Marina Towers LLC, settling $1.875 million debt by transferring five surplus City-owned properties valued at $973,500. Marina Towers will release all claims and transfer title to property covering the right field of Stockton Ballpark, resolving a long-standing dispute.

Who holds it

Marina Towers holds this settlement contract with City of Stockton.

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Contract details

Contract type
Settlement
Amount
$973,500
Document date
April 11, 2025
Term
NA
Source document
city-of-stockton-resolution-2025-04-11_892.pdf (Resolution)

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Questions about this contract

Who was awarded the settlement contract by City of Stockton?

Marina Towers was awarded this settlement contract by City of Stockton, as recorded on April 11, 2025. The contract value is $973,500.

How much is the Marina Towers contract with City of Stockton worth?

The Marina Towers contract with City of Stockton is valued at $973,500, covering settlement work.

What type of contract is this?

This is a Settlement contract, documented as a resolution record.

Where was this contract approved?

This contract appears in city-of-stockton-resolution-2025-04-11_892.pdf (Resolution), dated April 11, 2025 from City of Stockton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Marina Towers hold?

Marina Towers 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 Stockton currently buying?

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

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