OTHERAPPROVED

City Supports Affordable Housing Project with RLIC Land Holdings

The City approved a pre-development agreement with RLIC Land Holdings for a London Road affordable housing and senior project, providing land for $1 and $500,000 TIF support pending project feasibility.

Status
APPROVED
Document date
July 11, 2023
Contract type
OTHER
Vendor
Rlic Land Holdings Llc
Agency
City of McGrath · MN

Trusted by teams at

Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$1 property transfer (plus $500,000 pooled TIF)
Contract type
OTHER
Contract term
Pre-Development Agreement; acquisition option pending feasibility
Renewal
PDA gives developer option to purchase land if project proceeds; further agreements for construction to follow.
Document type
Agenda
Source document
city-of-marshall-agenda-2023-07-11_5d6.pdf

Related contracts

Other contracts from Rlic Land Holdings Llc.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of McGrath?

Rlic Land Holdings Llc was awarded this government contract by City of McGrath, as recorded on July 11, 2023. The contract value is $1 property transfer (plus $500,000 pooled TIF).

How much is the Rlic Land Holdings Llc contract with City of McGrath worth?

The Rlic Land Holdings Llc contract with City of McGrath is valued at $1 property transfer (plus $500,000 pooled TIF).

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-marshall-agenda-2023-07-11_5d6.pdf (Agenda), dated July 11, 2023 from City of McGrath. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Rlic Land Holdings Llc hold?

Rlic Land 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.

View Rlic Land Holdings Llc's profile

What is City of McGrath currently buying?

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

View City of McGrath's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free