Wellington District Recommends $3.1 Million JPMorgan Lease | Wellington Exempted Village Schools | JPMORGAN CHASE BANK, NA

Scope & details

The full contract record, as filed.

Contract amount

Aggregate principal component of Base Rent not to exceed $3,100,000; interest rate not to exceed 5% per year

Contract type

FINANCIAL_SERVICES

Contract term

Facilities Lease initial term and renewal terms ending no later than the earlier of the next December 1 after 15 years from commencement or the end of the improvements' weighted average useful life; Ground Lease may extend up to five years beyond the final Facilities Lease renewal term

Renewal

Facilities Lease includes an initial term and renewal terms subject to annual appropriations. The Ground Lease may run up to five years longer than the final Facilities Lease renewal term; prepayment may be permitted with any premium capped at 103% of the prepaid principal component.

Document type

Agenda

Source document

Wellington Exempted Village School District Agenda Special Session 2026-09-29

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Wellington Exempted Village Schools?

Jpmorgan Chase Bank, Na was awarded this financial services contract by Wellington Exempted Village Schools, as recorded on September 29, 2026. The contract value is Aggregate principal component of Base Rent not to exceed $3,100,000; interest rate not to exceed 5% per year.

How much is the Jpmorgan Chase Bank, Na contract with Wellington Exempted Village Schools worth?

The Jpmorgan Chase Bank, Na contract with Wellington Exempted Village Schools is valued at Aggregate principal component of Base Rent not to exceed $3,100,000; interest rate not to exceed 5% per year, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Wellington Exempted Village School District Agenda Special Session 2026-09-29 (Agenda), dated September 29, 2026 from Wellington Exempted Village Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Jpmorgan Chase Bank, Na hold?

Jpmorgan Chase Bank, Na may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Jpmorgan Chase Bank, Na's profile

What is Wellington Exempted Village Schools currently buying?

Explore Wellington Exempted Village Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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