CONTRACTAPPROVED

Town of Eagle Lake Awards $719,130 Facilities Contract to Heritage 322 LLC (June 2026)

Disclosed value: $719,129.60; From minutes
Approved: Jun 5, 2026

What it covers

The Town of Eagle Lake approved entering into a Public-Private Partnership with Heritage 322 LLC for management of BDA Heritage 322 and Pond Brook Estates at a proposed price of $719,129.60. The town will retain ownership of the bond and control over a joint rent and expense account while the company manages and maintains the properties.

Who holds it

Heritage 322 LLC holds this facilities contract with Town of Eagle Lake.

What happens next

Term as filed: 1-year grace period for first payment; projected rent increases over 2 to 2.5 years.

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Contract details

Contract type: Facilities
Amount: $719,129.60
Document date: June 5, 2026
Term: 1-year grace period for first payment; projected rent increases over 2 to 2.5 years
Vendor: Heritage 322 LLC
Agency: Town of Eagle Lake
Source document: Town of Eagle Lake Board of Selectmen Minutes 2026-06-05 (Minutes)

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Questions about this contract

Who was awarded the facilities contract by Town of Eagle Lake?

Heritage 322 LLC was awarded this facilities contract by Town of Eagle Lake, as recorded on June 5, 2026. The contract value is $719,129.60.

How much is the Heritage 322 LLC contract with Town of Eagle Lake worth?

The Heritage 322 LLC contract with Town of Eagle Lake is valued at $719,129.60, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Town of Eagle Lake Board of Selectmen Minutes 2026-06-05 (Minutes), dated June 5, 2026 from Town of Eagle Lake. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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