Webbley Redevelopment Advisory Contract Extended with DFI

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.

Document date · September 15, 2025

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Scope & details

The full contract record, as filed.

Contract amount

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

Contract type

PROFESSIONAL_SERVICES

Contract term

Through August 30, 2026

Renewal date

2026-08-30

Renewal

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

Document type

Agenda

Source document

Shelby City Council Regular Meeting Agenda September 15 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the professional services contract by City of Shelby?

Development Finance Initiative Inc was awarded this professional services contract by City of Shelby, as recorded on September 15, 2025. The contract value is $58,700 (two installments: $29,350 on Nov 5, 2025 and $29,350 on Mar 5, 2026).

How much is the Development Finance Initiative Inc contract with City of Shelby worth?

The Development Finance Initiative Inc contract with City of Shelby is valued at $58,700 (two installments: $29,350 on Nov 5, 2025 and $29,350 on Mar 5, 2026), covering professional services work.

What type of contract is this?

This is a Professional Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Shelby City Council Regular Meeting Agenda September 15 2025 (Agenda), dated September 15, 2025 from City of Shelby. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Development Finance Initiative Inc hold?

Development Finance Initiative Inc 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 Development Finance Initiative Inc's profile

What is City of Shelby currently buying?

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

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