CloudHQ Pledges $2M for Kopp Park Turf Fields
Mount Prospect Park DistrictSpecial District · Mt Prospect, IL- Disclosed value
- $2,000,000 contribution (pro-rata as data centers completed)
- From minutes
- Document date
- Jul 20, 2022
The 30-second brief
CloudHQ has agreed, through a Village of Mount Prospect PUD ordinance, to provide a $2,000,000 contribution toward turf field improvements at Kopp Park tied to its new data center project. The Mt. Prospect Park District Board authorized staff to pursue an intergovernmental agreement to define obligations and accept the prospective funding.
CLOUDHQ holds this financial services contract with Mount Prospect Park District. Its other public contracts on record include work for City of Chaska.
Term as filed: Contribution paid on a pro-rata basis upon completion of each of three data center buildings.
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Contract details
- Contract type
- Financial Services
- Amount
- $2,000,000 contribution (pro-rata as data centers completed)
- Document date
- July 20, 2022
- Term
- Contribution paid on a pro-rata basis upon completion of each of three data center buildings
- Vendor
- CLOUDHQ
- Source document
- Mt. Prospect Park District Board Meeting Minutes July 2022 (Minutes)
CLOUDHQ's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Mount Prospect Park District?
CLOUDHQ was awarded this financial services contract by Mount Prospect Park District, as recorded on July 20, 2022. The contract value is $2,000,000 contribution (pro-rata as data centers completed).
How much is the CLOUDHQ contract with Mount Prospect Park District worth?
The CLOUDHQ contract with Mount Prospect Park District is valued at $2,000,000 contribution (pro-rata as data centers completed), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Mt. Prospect Park District Board Meeting Minutes July 2022 (Minutes), dated July 20, 2022 from Mount Prospect Park District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does CLOUDHQ hold?
CLOUDHQ 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 Mount Prospect Park District currently buying?
Explore Mount Prospect Park District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.