CONTRACTRECOMMENDED

Port Authority Advances Ashland Manor Financing Plan

Toledo-Lucas County Port Authority
Disclosed value
Not to exceed $25,000,000 in revenue obligations; total project costs estimated at $31,800,000
From agendapacket
Document date
May 28, 2026

The 30-second brief

What it covers

The Port Authority recommended inducement of up to $25 million in revenue obligations for Ashland Manor Preservation, L.P. The financing would support acquisition and rehabilitation of the 189-unit Ashland Manor apartment project in Toledo, with the property leased to the company under a capital lease.

Who holds it

Ashland Manor Preservation LP holds this financial services contract with Toledo-Lucas County Port Authority.

See who decides the next one before it's bid.

Get pre-RFPs free

Free account · 30-second setup · No credit card

Contract details

Contract type
Financial Services
Amount
Not to exceed $25,000,000 in revenue obligations; total project costs estimated at $31,800,000
Document date
May 28, 2026
Source document
Toledo-Lucas County Port Authority AgendaPacket Board of Directors Meeting 2026-05-28 (AgendaPacket)

Ashland Manor Preservation LP's other public contracts

More Toledo-Lucas County Port Authority contracts

Questions about this contract

Who was awarded the financial services contract by Toledo-Lucas County Port Authority?

Ashland Manor Preservation LP was awarded this financial services contract by Toledo-Lucas County Port Authority, as recorded on May 28, 2026. The contract value is Not to exceed $25,000,000 in revenue obligations; total project costs estimated at $31,800,000.

How much is the Ashland Manor Preservation LP contract with Toledo-Lucas County Port Authority worth?

The Ashland Manor Preservation LP contract with Toledo-Lucas County Port Authority is valued at Not to exceed $25,000,000 in revenue obligations; total project costs estimated at $31,800,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Toledo-Lucas County Port Authority AgendaPacket Board of Directors Meeting 2026-05-28 (AgendaPacket), dated May 28, 2026 from Toledo-Lucas County Port Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Ashland Manor Preservation LP hold?

Ashland Manor Preservation LP 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 Toledo-Lucas County Port Authority currently buying?

Explore Toledo-Lucas County Port Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

Work in government? Get Civic IQ free →