CONTRACTRATIFIED

Torrance Unified Ratifies Harmony Court Exchange Agreement

Torrance Unified logoTorrance Unified
Disclosed value
$10,300,000
From staffreport
Document date
Sep 9, 2024

The 30-second brief

What it covers

Torrance Unified requested ratification of its previously approved Exchange Agreement with Standard Property Company, Inc. The agreement supports exchanging the Harmony Court Property and investing up to $10.3 million in proceeds for up to three years from closing.

Who holds it

Standard Property Company Inc holds this financial services contract with Torrance Unified. Its other public contracts on record include work for Chelsea Housing Authority and Port Of Greater Cincinnati Development Authority.

What happens next

Term as filed: Up to three (3) years from the date of closing, unless extended or modified by further Board action.

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Contract details

Contract type
Financial Services
Amount
$10,300,000
Document date
September 9, 2024
Term
Up to three (3) years from the date of closing, unless extended or modified by further Board action
Source document
Torrance Unified StaffReport Harmony Court Property Exchange Investment 2024-09-09 (StaffReport)

Standard Property Company Inc's other public contracts

More Torrance Unified contracts

Questions about this contract

Who was awarded the financial services contract by Torrance Unified?

Standard Property Company Inc was awarded this financial services contract by Torrance Unified, as recorded on September 9, 2024. The contract value is $10,300,000.

How much is the Standard Property Company Inc contract with Torrance Unified worth?

The Standard Property Company Inc contract with Torrance Unified is valued at $10,300,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a staffreport record.

Where was this contract approved?

This contract appears in Torrance Unified StaffReport Harmony Court Property Exchange Investment 2024-09-09 (StaffReport), dated September 9, 2024 from Torrance Unified. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Standard Property Company Inc hold?

Standard Property Company 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 Torrance Unified currently buying?

Explore Torrance Unified's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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