CONTRACTAPPROVED

Gladstone Approves $1.9 Million Property Sale to LGI

Gladstone School District 115 logoGladstone School District 115
Disclosed value
$1,900,000 plus usual and customary closing costs
From agendapacket
Approved
Nov 7, 2026

The 30-second brief

What it covers

Gladstone School District approved the sale of a surplus Webster Road property lot to LGI Homes – Oregon, LLC for $1.9 million plus customary closing costs. The transaction includes a 150-day inspection period and requires lot segregation and other approvals before closing.

Who holds it

Lgi Homes – Oregon LLC holds this contract with Gladstone School District 115.

What happens next

Term as filed: 150-day inspection period before closing; closing contingent on lot segregation and other approvals.

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Contract details

Amount
$1,900,000 plus usual and customary closing costs
Document date
November 7, 2026
Term
150-day inspection period before closing; closing contingent on lot segregation and other approvals
Vendor
Lgi Homes – Oregon LLC
Source document
Gladstone School District 115 AgendaPacket School Board Meeting 2026-11-12 (AgendaPacket)

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Questions about this contract

Who was awarded the government contract by Gladstone School District 115?

Lgi Homes – Oregon LLC was awarded this government contract by Gladstone School District 115, as recorded on November 7, 2026. The contract value is $1,900,000 plus usual and customary closing costs.

How much is the Lgi Homes – Oregon LLC contract with Gladstone School District 115 worth?

The Lgi Homes – Oregon LLC contract with Gladstone School District 115 is valued at $1,900,000 plus usual and customary closing costs.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Gladstone School District 115 AgendaPacket School Board Meeting 2026-11-12 (AgendaPacket), dated November 7, 2026 from Gladstone School District 115. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What is Gladstone School District 115 currently buying?

Explore Gladstone School District 115's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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