Agenda Item
Meeting Date:
1/16/2025 - 7:00 PM  
Category:
Information and Study Items  
Type:
Action  
Subject:
Contract Agreement: Redevelopment of District Property (Phase VIII) Terra Realty Advisors  
District Priorities:
 
Enclosure:
 
File Attachment:
Terra Realty Phase VIII - Signed.pdf
 
Summary:
At the June 10, 2019, Board Meeting the Governing Board of Trustees entered into a contract with Terra Realty Advisors to investigate potential redevelopment of District properties. Subsequent contracts for Phase II - Phase VII, were entered into on October 21, 2019, March 25, 2020, March 18, 2021, January 20, 2022, January 19, 2023, and February 1, 2024. The Phase VIII contract proposed here continues the work on Metzler A, additional consulting support for potential negotiations necessary for property in the "North 40 Phase II" project which encompasses land development within the Cambrian School District boundaries, and other potential developers within the District boundaries.  
Funding:
 
Recommendation
Staff recommends that the Governing Board to approve the Phase VIII contract with Terra Realty Advisors to further the work on redevelopment of District Property.  
Approvals:
Recommended By:
Signed By:
Carlena Grandey - Administrative Assistant to the Superintendent
Signed By:  
Kristi Schwiebert - Superintendent