Mount Pleasant village Awards $848,161 Facilities Contract to Graceland Llc (May 2021)

The Village of Mount Pleasant entered into a Developer Agreement with Graceland LLC for Christina Estates Addition No. 1, requiring Graceland to construct roads, water, sewer, drainage and other public improvements. The developer must post a $848,161.29 letter of credit and guarantee the improvements for two years after acceptance.

Scope & details

The full contract record, as filed.

Contract amount

$848,161.29

Contract type

FACILITIES

Contract term

Two-year guaranty period after acceptance of public improvements

Renewal

Public improvements are guaranteed for a two-year period after Village acceptance; security (letter of credit) is partially released at milestones and 10% retained for 14 months beyond binder course completion.

Document type

Agenda

Source document

village_board_meeting_agenda_may_24_2021.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Mount Pleasant village?

Graceland Llc was awarded this facilities contract by Mount Pleasant village, as recorded on May 24, 2021. The contract value is $848,161.29.

How much is the Graceland Llc contract with Mount Pleasant village worth?

The Graceland Llc contract with Mount Pleasant village is valued at $848,161.29, 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 village_board_meeting_agenda_may_24_2021.pdf (Agenda), dated May 24, 2021 from Mount Pleasant village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Graceland Llc hold?

Graceland 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.

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What is Mount Pleasant village currently buying?

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