CONTRACTPENDING

Libby School District Property Sale Agreement Reached

Libby K-12 Schools logoLibby K-12 Schools
Disclosed value
$547,000.00 (Purchase price); $100.00 earnest money; $546,900.00 balance due
From contract
Document date
Sep 18, 2020

The 30-second brief

What it covers

Libby High School District #4 entered into a commercial buy-sell agreement with American Covenant Senior Housing Foundation Inc. to sell the property at 700 Idaho Ave for $547,000, contingent on environmental and appraisal conditions. Closing will occur within 90 days of New Market Tax Credits award, with an optional 30-day extension and the property conveyed as-is with specified remediation responsibilities.

Who holds it

American Covenant Senior Housing Foundation Inc holds this facilities contract with Libby K-12 Schools. Its other public contracts on record include work for Oklahoma Housing Finance Agency.

What happens next

Term as filed: Closing within 90 days from the award of New Market Tax Credits, with a possible 30-day extension.

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Contract details

Contract type
Facilities
Amount
$547,000.00 (Purchase price); $100.00 earnest money; $546,900.00 balance due
Document date
September 18, 2020
Term
Closing within 90 days from the award of New Market Tax Credits, with a possible 30-day extension
Source document
libby-high-school-district-4-buy-sell-agreement-september-18-2020_7b3.pdf (Contract)

American Covenant Senior Housing Foundation Inc's other public contracts

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Questions about this contract

Who was awarded the facilities contract by Libby K-12 Schools?

American Covenant Senior Housing Foundation Inc was awarded this facilities contract by Libby K-12 Schools, as recorded on September 18, 2020. The contract value is $547,000.00 (Purchase price); $100.00 earnest money; $546,900.00 balance due.

How much is the American Covenant Senior Housing Foundation Inc contract with Libby K-12 Schools worth?

The American Covenant Senior Housing Foundation Inc contract with Libby K-12 Schools is valued at $547,000.00 (Purchase price); $100.00 earnest money; $546,900.00 balance due, covering facilities work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in libby-high-school-district-4-buy-sell-agreement-september-18-2020_7b3.pdf (Contract), dated September 18, 2020 from Libby K-12 Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does American Covenant Senior Housing Foundation Inc hold?

American Covenant Senior Housing Foundation Inc 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 Libby K-12 Schools currently buying?

Explore Libby K-12 Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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