Gardens of Alpena to invest $32M in senior living
City of AlpenaCity · Alpena, MI- Disclosed value
- $32,221,000
- From agenda
- Document date
- Mar 3, 2025
- Term
- 20 years
The 30-second brief
City of Alpena is planning a senior living facilities with Tax Increment Financing, with the Gardens of Alpena investing $32,221,000 over 20 years.
Gardens of Alpena holds this tax increment financing contract with City of Alpena.
Term as filed: 20 years.
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Contract details
- Contract type
- Tax Increment Financing
- Amount
- $32,221,000
- Document date
- March 3, 2025
- Term
- 20 years
- Vendor
- Gardens of Alpena
- Agency
- City of Alpena
- Source document
- city-of-alpena-regular-council-meeting-agenda-march-3-2025_81f.pdf (Agenda)
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Questions about this contract
Who was awarded the tax increment financing contract by City of Alpena?
Gardens of Alpena was awarded this tax increment financing contract by City of Alpena, as recorded on March 3, 2025. The contract value is $32,221,000.
How much is the Gardens of Alpena contract with City of Alpena worth?
The Gardens of Alpena contract with City of Alpena is valued at $32,221,000, covering tax increment financing work.
What type of contract is this?
This is a Tax Increment Financing contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city-of-alpena-regular-council-meeting-agenda-march-3-2025_81f.pdf (Agenda), dated March 3, 2025 from City of Alpena. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Gardens of Alpena hold?
Gardens of Alpena 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 Alpena currently buying?
Explore City of Alpena's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.