Developer, City, District ink TK-8 school facilities deal
Western Placer UnifiedSchool · Lincoln, CA- Disclosed value
- Approximately $108,150,000 total School Facilities cost (2025 dollars); Developer Contribution equal to Park Credit estimated at $6,000,000; Construction Ready Costs estimated at $1,800,000; School Site Development Costs (Park) estimated at $2,800,000; School Site Purchase Price based on appraised fair-market value plus School Site Development Costs
- From agreement
- Document date
- Jan 1, 2025
The 30-second brief
Western Placer Unified School District, the City of Lincoln, and Lincoln Land Holdings, LLC entered into a comprehensive School Facilities Agreement to finance and construct a TK–8 school and joint-use park serving up to 1,200 students within the Liberty at Lincoln project. Lewis will sell a Construction Ready school site at appraised value, fund site and park improvements estimated at several million dollars as a Developer Contribution, and participate in a CMFA BOLD community facilities district expected to generate about $40 million toward the $108.15 million school program.
Lincoln Land Holdings LLC holds this facilities contract with Western Placer Unified. Its other public contracts on record include work for City of Lincoln.
Term as filed: Agreement effective 2025; CFD special taxes up to 45 years; Bonds up to 30 years; Special Note due by the latest of: (i) 95% of Residential Units permitted, (ii) sufficient State Funding/Special Note Revenues received, or (iii) seven years after DSA close-out of School Facilities.
See who signed off on this contract.
See who signed offFree account · 30-second setup · No credit card
Contract details
- Contract type
- Facilities
- Amount
- Approximately $108,150,000 total School Facilities cost (2025 dollars); Developer Contribution equal to Park Credit estimated at $6,000,000; Construction Ready Costs estimated at $1,800,000; School Site Development Costs (Park) estimated at $2,800,000; School Site Purchase Price based on appraised fair-market value plus School Site Development Costs
- Document date
- January 1, 2025
- Term
- Agreement effective 2025; CFD special taxes up to 45 years; Bonds up to 30 years; Special Note due by the latest of: (i) 95% of Residential Units permitted, (ii) sufficient State Funding/Special Note Revenues received, or (iii) seven years after DSA close-out of School Facilities
- Agency
- Western Placer Unified
- Source document
- Western Placer Unified School District, City of Lincoln, and Lewis Communities School Facilities Agreement 2025-01-01 (Agreement)
Lincoln Land Holdings LLC's other public contracts
More Western Placer Unified contracts
Questions about this contract
Who was awarded the facilities contract by Western Placer Unified?
Lincoln Land Holdings LLC was awarded this facilities contract by Western Placer Unified, as recorded on January 1, 2025. The contract value is Approximately $108,150,000 total School Facilities cost (2025 dollars); Developer Contribution equal to Park Credit estimated at $6,000,000; Construction Ready Costs estimated at $1,800,000; School Site Development Costs (Park) estimated at $2,800,000; School Site Purchase Price based on appraised fair-market value plus School Site Development Costs.
How much is the Lincoln Land Holdings LLC contract with Western Placer Unified worth?
The Lincoln Land Holdings LLC contract with Western Placer Unified is valued at Approximately $108,150,000 total School Facilities cost (2025 dollars); Developer Contribution equal to Park Credit estimated at $6,000,000; Construction Ready Costs estimated at $1,800,000; School Site Development Costs (Park) estimated at $2,800,000; School Site Purchase Price based on appraised fair-market value plus School Site Development Costs, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a agreement record.
Where was this contract approved?
This contract appears in Western Placer Unified School District, City of Lincoln, and Lewis Communities School Facilities Agreement 2025-01-01 (Agreement), dated January 1, 2025 from Western Placer Unified. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does Lincoln Land Holdings LLC hold?
Lincoln Land Holdings LLC 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 Western Placer Unified currently buying?
Explore Western Placer Unified's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.