CONTRACTAMENDED

Odessa Extends 1912 Building Sale to 1912 Development Group LLC

City of Odessa logoCity of Odessa
Disclosed value
$100,000
From agenda
Document date
Feb 24, 2025

The 30-second brief

What it covers

The Board of Aldermen approved the second amendment to the real estate purchase and redevelopment agreement with The 1912 Development Group, LLC, extending the closing date to March 6, 2025 and project timelines. The agreement involves converting the 1912 School Building into affordable housing and requires delivery of a letter of credit within 180 days of closing.

Who holds it

1912 Development Group LLC holds this contract with City of Odessa.

What happens next

Term as filed: Closing by March 6, 2025, construction start within 180 days after closing, completion within 1 year after police station relocation notice.

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Contract details

Amount
$100,000
Document date
February 24, 2025
Term
Closing by March 6, 2025, construction start within 180 days after closing, completion within 1 year after police station relocation notice
Source document
City of Odessa Board of Aldermen Regular Agenda February 24, 2025 (Agenda)

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Questions about this contract

Who was awarded the government contract by City of Odessa?

1912 Development Group LLC was awarded this government contract by City of Odessa, as recorded on February 24, 2025. The contract value is $100,000.

How much is the 1912 Development Group LLC contract with City of Odessa worth?

The 1912 Development Group LLC contract with City of Odessa is valued at $100,000.

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 Odessa Board of Aldermen Regular Agenda February 24, 2025 (Agenda), dated February 24, 2025 from City of Odessa. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does 1912 Development Group LLC hold?

1912 Development Group LLC 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 Odessa currently buying?

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

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