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City of Grand Island Awards $143,409 Redevelopment Contract to Paramount Development (March 2024)

City of Grand Island logoCity of Grand Island
Disclosed value
$143,409
From agenda
Approved
Mar 26, 2024
Term
20 years

The 30-second brief

What it covers

Tax Increment Financing to pay for the rehabilitation of the property will come from the following real property: Property Description (the “Redevelopment Project Area"). The property is located at 123 N. Locust Street in Grand Island Nebraska, the attached map identifies the subject property and the surrounding land uses.

Who holds it

Paramount Development holds this redevelopment contract with City of Grand Island. Its other public contracts on record include work for Town of Cannon and Town of Sharon.

What happens next

Term as filed: 20 years.

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Contract details

Contract type
Redevelopment
Amount
$143,409
Document date
March 26, 2024
Term
20 years
Vendor
Paramount Development
Agency
City of Grand Island
Source document
city_council_meeting_agenda_march_26_2024.pdf (Agenda)

Paramount Development's other public contracts

Town of Cannon, MichiganBlackridge Site Condominium Amendment Submitted · Sep 8, 2026UndisclosedTown of Sharon, MassachusettsParamount Development Agreement Advances Library Redevelopment · Aug 3, 2026UndisclosedTown of Sharon, MassachusettsTown Enters Due Diligence Deal With Paramount Development · Jun 9, 2026UndisclosedTown of Sharon, MassachusettsBoard to Consider Due Diligence Deal for Carnegie · Jun 9, 2026UndisclosedTown of Sharon, MassachusettsParamount Development Library Purchase Under Review · May 26, 2026All Paramount Development contractsVendor profile

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Questions about this contract

Who was awarded the redevelopment contract by City of Grand Island?

Paramount Development was awarded this redevelopment contract by City of Grand Island, as recorded on March 26, 2024. The contract value is $143,409.

How much is the Paramount Development contract with City of Grand Island worth?

The Paramount Development contract with City of Grand Island is valued at $143,409, covering redevelopment work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city_council_meeting_agenda_march_26_2024.pdf (Agenda), dated March 26, 2024 from City of Grand Island. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Paramount Development hold?

Paramount Development 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 Grand Island currently buying?

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

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