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PROFESSIONAL_SERVICESAMENDED

Shelby City Council Regular Meeting Agenda September 15 2025

Webbley Redevelopment Advisory Contract Extended with DFI

$58,700 (two installments: $29,350 on Nov 5, 2025 and $29,350 on Mar 5, 2026)City of ShelbyDEVELOPMENT FINANCE INITIATIVE INCSeptember 15, 2025

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Shelby City Council approved an amended agreement with Development Finance Initiative, Inc for $58,700, extending services for redevelopment of the historic Webbley property through August 2026. DFI will provide technical assistance, outreach, partner evaluation, and negotiation support.

Contract Details

Contract Amount

$58,700 (two installments: $29,350 on Nov 5, 2025 and $29,350 on Mar 5, 2026)

Vendor

DEVELOPMENT FINANCE INITIATIVE INC

Agency

City of Shelby, MT

Contract Type

PROFESSIONAL_SERVICES

Document Date

September 15, 2025

Contract Term

Through August 30, 2026

Renewal Date

2026-08-30

Renewal Info

Amends prior agreement dated February 12, 2024, extending term from Aug. 30, 2025 to Aug. 30, 2026. Expands scope and adds payments.

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