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Industrial Revenue Bonds (IRB)approved

city-of-ottawa-city-commission-regular-meeting-agenda-august-13-2025_d42.pdf

Premier Auto Project Phase I IRB sale and lease release approved

$4,200,000City of OttawaPREMIER REAL ESTATE OTTAWAAugust 13, 2025

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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

Description

City of Ottawa approves resolution authorizing sale and conveyance of leasehold interest and release of leases for $4.2 million Industrial Revenue Bonds for Premier Auto Project Phase I, bonds mature June 1, 2027.

Contract Details

Contract Amount

$4,200,000

Vendor

PREMIER REAL ESTATE OTTAWA

Agency

City of Ottawa, KS

Contract Type

Industrial Revenue Bonds (IRB)

Document Date

August 13, 2025

Contract Term

October 1, 2024 – June 1, 2027

Renewal Date

August 31, 2025

Renewal Info

Resolution adopted August 13, 2025

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