Webbley Redevelopment Advisory Contract Extended with DFI
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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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