City of Seward Awards Construction Contract to Plex Homes Llc (July 2026)

Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $131,000.00 in TIF Indebtedness; TIF Available to Redeveloper approximately $119,658; Total Eligible Expenses $141,233

Contract type

CONSTRUCTION

Contract term

TIF period of up to fifteen (15) years for each phase; Note maturity date on or before December 31, 2043

Renewal date

2043-12-31

Renewal

Tax increment will be captured for up to 15 years for each project phase starting from each phase’s Effective Date, with the Redevelopment Revenue Note maturing no later than December 31, 2043; any unpaid amounts at maturity are forgiven. No automatic renewal is provided, and any amendment to the Redevelopment Agreement must be in writing signed by the parties.

Document type

Agreement

Source document

Community Redevelopment Authority of the City of Seward Redevelopment Agreement 9th and Lincoln Redevelopment Project 2026-07-21

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City of Seward Agenda Packet 2026-07-21

APPROVED

City of Seward, NebraskaUp to $131,000 in TIF-funded reimbursementJul 21, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by City of Seward?

Plex Homes Llc was awarded this construction contract by City of Seward, as recorded on July 21, 2026. The contract value is Not to exceed $131,000.00 in TIF Indebtedness; TIF Available to Redeveloper approximately $119,658; Total Eligible Expenses $141,233.

How much is the Plex Homes Llc contract with City of Seward worth?

The Plex Homes Llc contract with City of Seward is valued at Not to exceed $131,000.00 in TIF Indebtedness; TIF Available to Redeveloper approximately $119,658; Total Eligible Expenses $141,233, covering construction work.

What type of contract is this?

This is a Construction contract, documented as a agreement record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Community Redevelopment Authority of the City of Seward Redevelopment Agreement 9th and Lincoln Redevelopment Project 2026-07-21 (Agreement), dated July 21, 2026 from City of Seward. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Plex Homes Llc hold?

Plex Homes 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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What is City of Seward currently buying?

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