Board Reviews Servitas Student Housing Pre-Development Deal

Scope & details

The full contract record, as filed.

Contract type

FACILITIES

Renewal

The proposed pre-development agreement with Servitas LLC would govern initial planning and feasibility work for a potential housing project; future amendments or long-term development agreements would require separate Board action.

Document type

Agenda

Source document

Kern Community College District Board Finance & Audit Committee Agenda 2026-08-20

Related contracts

Other contracts from Servitas Llc.

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Indian River State College Real Estate, Inc. Board of Directors Meeting Agenda 2026-08-06

PENDING

Indian River State College, FloridaAug 6, 2026

Kern Community College District Agreement Pre-Development Agreement 2026-04-01

APPROVED

Kern Community College District, CaliforniaDistrict liability for Pre-Development Expenses not to exceed $4,050,000.00 and Pre-Development Fee not to exceed $3,105,000.00 (total liability cap $7,155,000.00); Developer Reimbursables cap $4,050,000.00; Development Fee minimum $3,105,000; construction administration fee 2% of construction hard costs; early completion bonus $5,000.00 per day; pre-Effective Date expenses cap $25,000.00Apr 1, 2026

Town of Telluride Town Council Agenda Packet March 31 2026

ONGOING

Town of Telluride, ColoradoMar 31, 2026

State Center Community College District Board Meeting Agenda January 2026

APPROVED

State Center Community College District, CaliforniaGuaranteed Not-to-Exceed Maximum Price of $55,861,920.00Jan 13, 2026

State Center Community College District Resolution No. 2026.05 2026-01-13

ONGOING

Reedley College, CaliforniaJan 13, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Kern Community College District?

Servitas Llc was awarded this facilities contract by Kern Community College District, as recorded on August 20, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Kern Community College District Board Finance & Audit Committee Agenda 2026-08-20 (Agenda), dated August 20, 2026 from Kern Community College District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Servitas Llc hold?

Servitas 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.

View Servitas Llc's profile

What is Kern Community College District currently buying?

Explore Kern Community College District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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