Columbus CDA Sets $1.07M TIF Bond for B&R Project

The Community Development Agency of the City of Columbus proposes to issue a $1,066,000 Tax Increment Revenue Bond, Series 2026, to Columbus Realty Holdings, LLC in connection with the B & R Stores Redevelopment Project – Phase I. The bond, bearing interest at 4.65% and maturing December 1, 2040, will be repaid solely from tax increment revenues generated within the designated Project Area beginning with the 2025 tax year.

Scope & details

The full contract record, as filed.

Contract amount

$1,066,000

Contract type

FINANCIAL_SERVICES

Contract term

Dated 2026; principal due December 1, 2040, with semiannual interest payments and mandatory redemptions from Available Funds

Renewal date

2040-12-01

Renewal

Single tax increment revenue bond with final maturity on December 1, 2040; no renewal or extension terms stated. Principal and interest may be adjusted downward if certified Eligible Costs are less than the initial principal amount.

Document type

AgendaPacket

Source document

Community Development Agency AgendaPacket B&R Stores Redevelopment Project 2026-07-06

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APPROVED

City of Columbus, NebraskaMay 20, 2024

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Columbus?

Columbus Realty Holdings Llc was awarded this financial services contract by City of Columbus, as recorded on July 6, 2026. The contract value is $1,066,000.

How much is the Columbus Realty Holdings Llc contract with City of Columbus worth?

The Columbus Realty Holdings Llc contract with City of Columbus is valued at $1,066,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Community Development Agency AgendaPacket B&R Stores Redevelopment Project 2026-07-06 (AgendaPacket), dated July 6, 2026 from City of Columbus. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Columbus Realty Holdings Llc hold?

Columbus Realty Holdings Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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