Los Angeles Mission College Awards Facilities Contract to La Promise Fund (November 2021)
Los Angeles Mission CollegeHigher Ed · Sylmar, CA- Disclosed value
- $2,000,000 (extension period); total $3,773,019 including pre-payment of rent through August 14, 2023
- From agenda
- Approved
- Nov 17, 2021
The 30-second brief
The Board approved assignment of the South Gate Educational Center lease to LA Promise Fund and authorized an extension valued at $2,000,000, with total lease payments of $3,773,019 due upon close of escrow. The agreement secures continued use of the site for public education through June 14, 2024 with revised rent and conditions.
La Promise Fund holds this facilities contract with Los Angeles Mission College. Its other public contracts on record include work for Westbrook Academy and Los Angeles College Prep Academy District.
Term as filed: Ten months from August 15, 2023 through June 14, 2024; existing lease term December 11, 2021 through August 14, 2023.
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Contract details
- Contract type
- Facilities
- Amount
- $2,000,000 (extension period); total $3,773,019 including pre-payment of rent through August 14, 2023
- Document date
- November 17, 2021
- Term
- Ten months from August 15, 2023 through June 14, 2024; existing lease term December 11, 2021 through August 14, 2023
- Vendor
- La Promise Fund
- Source document
- board_of_trustees_regular_board_meeting_agenda_nov.pdf (Agenda)
La Promise Fund's other public contracts
More Los Angeles Mission College contracts
Questions about this contract
Who was awarded the facilities contract by Los Angeles Mission College?
La Promise Fund was awarded this facilities contract by Los Angeles Mission College, as recorded on November 17, 2021. The contract value is $2,000,000 (extension period); total $3,773,019 including pre-payment of rent through August 14, 2023.
How much is the La Promise Fund contract with Los Angeles Mission College worth?
The La Promise Fund contract with Los Angeles Mission College is valued at $2,000,000 (extension period); total $3,773,019 including pre-payment of rent through August 14, 2023, covering facilities work.
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 board_of_trustees_regular_board_meeting_agenda_nov.pdf (Agenda), dated November 17, 2021 from Los Angeles Mission College. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does La Promise Fund hold?
La Promise Fund 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 Los Angeles Mission College currently buying?
Explore Los Angeles Mission College's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.