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Capstone Homes Inc to be paid $1,543,843.75

Somerset village
Disclosed value
1,543,843.75
From meeting minutes
Document date
May 20, 2025
Term
June

The 30-second brief

What it covers

Capstone Homes Inc will receive $1,543,843.75 for TID 6/Reimbursement for Improvements. This payment covers the cost of improvements made in Tax Incremental District (TID) 6, helping to facilitate ongoing development within the district.

Who holds it

Capstone Homes holds this development contract with Somerset village. Its other public contracts on record include work for Town of Brandon and City of Isanti.

What happens next

Term as filed: June.

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Contract details

Contract type
Development
Amount
1,543,843.75
Document date
May 20, 2025
Term
June
Vendor
Capstone Homes
Agency
Somerset village
Source document
somerset-village-meeting-minutes-2025-05-20_482.pdf (Meeting Minutes)

Capstone Homes's other public contracts

Town of Brandon, South DakotaHouse and Garage Permit Listed for Capstone Homes · Oct 1, 2026$300.8KSomerset village, WisconsinVillage Discusses Purchase Agreement with Capstone Homes · Sep 3, 2026UndisclosedCity of Isanti, MinnesotaBoard Discusses Capstone Homes Sanbrook Greens Park · Aug 25, 2026Somerset village, WisconsinLetter of Credit Reduced for Capstone Homes Project · Aug 18, 2026UndisclosedSomerset village, WisconsinCapstone Homes Letter of Credit Reduction · Aug 18, 2026UndisclosedAll Capstone Homes contractsVendor profile

More Somerset village contracts

Sbc ConstructionSBC Construction Begins Village Roof Project · Jun 23, 2026UndisclosedNeco MetersSomerset Evaluates NECO Meters After Bid Review · Jun 23, 2026UndisclosedCOUGHLIN’SCouncil Approves Chevy Silverado Purchase From Coughlin’s · Jun 9, 2026$47.3KCity of AthensSubrecipient Agreement Amended with City of Athens · May 12, 2026UndisclosedIs ResponseIS Response Receives $19,000 IT Contract for Compliance · May 12, 2026$19KAll Somerset village activityAgency profile

Questions about this contract

Who was awarded the development contract by Somerset village?

Capstone Homes was awarded this development contract by Somerset village, as recorded on May 20, 2025. The contract value is 1,543,843.75.

How much is the Capstone Homes contract with Somerset village worth?

The Capstone Homes contract with Somerset village is valued at 1,543,843.75, covering development work.

What type of contract is this?

This is a Development contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in somerset-village-meeting-minutes-2025-05-20_482.pdf (Meeting Minutes), dated May 20, 2025 from Somerset village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Capstone Homes hold?

Capstone Homes 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 Somerset village currently buying?

Explore Somerset village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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