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City of Norfolk Awards $794,400 Tax Increment Revenue Bond Contract to Norfolk Extended Lodging (September 2025)

City of Norfolk logoCity of Norfolk
Disclosed value
$794,400
From minutes
Approved
Sep 2, 2025

The 30-second brief

What it covers

Resolution No. 2021-13 authorizes the issuance of a tax increment revenue bond not to exceed $794,400 for the Norfolk Extended Lodging Project, moving forward after delays due to COVID-19.

Who holds it

Norfolk Extended Lodging holds this tax increment revenue bond contract with City of Norfolk.

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Contract details

Contract type
Tax Increment Revenue Bond
Amount
$794,400
Document date
September 2, 2025
Term
NA
Vendor
Norfolk Extended Lodging
Agency
City of Norfolk
Source document
community_development_agency_meeting_minutes_sep_2.pdf (Minutes)

Norfolk Extended Lodging's other public contracts

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Questions about this contract

Who was awarded the tax increment revenue bond contract by City of Norfolk?

Norfolk Extended Lodging was awarded this tax increment revenue bond contract by City of Norfolk, as recorded on September 2, 2025. The contract value is $794,400.

How much is the Norfolk Extended Lodging contract with City of Norfolk worth?

The Norfolk Extended Lodging contract with City of Norfolk is valued at $794,400, covering tax increment revenue bond work.

What type of contract is this?

This is a Tax Increment Revenue Bond contract, documented as a minutes record.

Where was this contract approved?

This contract appears in community_development_agency_meeting_minutes_sep_2.pdf (Minutes), dated September 2, 2025 from City of Norfolk. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Norfolk Extended Lodging hold?

Norfolk Extended Lodging 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 Norfolk currently buying?

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

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