CONTRACTAPPROVED

City of Franklin Awards $8,550,000 Road Impact Fee Offset Agreement Contract to Highwoods Properties (September 2025)

City of Franklin logoCity of Franklin
Disclosed value
$8,550,000
From minutes
Approved
Sep 9, 2025

The 30-second brief

What it covers

Highwoods Properties, LLC secures a road impact fee offset agreement for up to $8,550,000 for the Ovation PUD Subdivision. This agreement facilitates infrastructure development and reduces the financial burden on the developer.

Who holds it

Highwoods Properties holds this road impact fee offset agreement contract with City of Franklin. Its other public contracts on record include work for Town of Cary town and Henrico County.

See who signed off on this $8.6M contract.

See who signed off

Free account · 30-second setup · No credit card

Contract details

Contract type
Road Impact Fee Offset Agreement
Amount
$8,550,000
Document date
September 9, 2025
Term
NA
Source document
city-of-franklin-board-of-mayor-aldermen-meeting-minutes-september-9-2025_c99.pdf (Minutes)

Highwoods Properties's other public contracts

More City of Franklin contracts

Questions about this contract

Who was awarded the road impact fee offset agreement contract by City of Franklin?

Highwoods Properties was awarded this road impact fee offset agreement contract by City of Franklin, as recorded on September 9, 2025. The contract value is $8,550,000.

How much is the Highwoods Properties contract with City of Franklin worth?

The Highwoods Properties contract with City of Franklin is valued at $8,550,000, covering road impact fee offset agreement work.

What type of contract is this?

This is a Road Impact Fee Offset Agreement contract, documented as a minutes record.

Where was this contract approved?

This contract appears in city-of-franklin-board-of-mayor-aldermen-meeting-minutes-september-9-2025_c99.pdf (Minutes), dated September 9, 2025 from City of Franklin. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Highwoods Properties hold?

Highwoods Properties 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 City of Franklin currently buying?

Explore City of Franklin's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

Work in government? Get Civic IQ free →