OTHERAPPROVED

Pre-Development Agreement Approved for Affordable Housing Project

The City Council approved a pre-development agreement with RLIC Land Holdings, LLC to support a 60-unit affordable family apartment complex. The agreement includes an option to acquire property and significant financial incentives, with a termination date of January 31, 2025.

Status
APPROVED
Document date
June 25, 2024
Contract type
OTHER
Vendor
Rlic Land Holdings Llc
Agency
PUBLIC HOUSING COMMISSION OF THE city OF MARSHALL · MN

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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

Scope & details

The full contract record, as filed.

Contract amount
$325,000 (option to acquire property) and $325,000 (cash incentive)
Contract type
OTHER
Contract term
Through January 31, 2025
Renewal date
2025-01-31
Renewal
Agreement terminates January 31, 2025. Not specified as renewable.
Document type
Meeting Minutes
Source document
public-housing-commission-of-the-city-of-marshallmeeting-minutes2024-06-25_09b.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by PUBLIC HOUSING COMMISSION OF THE city OF MARSHALL?

Rlic Land Holdings Llc was awarded this government contract by PUBLIC HOUSING COMMISSION OF THE city OF MARSHALL, as recorded on June 25, 2024. The contract value is $325,000 (option to acquire property) and $325,000 (cash incentive).

How much is the Rlic Land Holdings Llc contract with PUBLIC HOUSING COMMISSION OF THE city OF MARSHALL worth?

The Rlic Land Holdings Llc contract with PUBLIC HOUSING COMMISSION OF THE city OF MARSHALL is valued at $325,000 (option to acquire property) and $325,000 (cash incentive).

What type of contract is this?

This is a government contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in public-housing-commission-of-the-city-of-marshallmeeting-minutes2024-06-25_09b.pdf (Meeting Minutes), dated June 25, 2024 from PUBLIC HOUSING COMMISSION OF THE city OF MARSHALL. 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 PUBLIC HOUSING COMMISSION OF THE city OF MARSHALL currently buying?

Explore PUBLIC HOUSING COMMISSION OF THE city OF MARSHALL's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View PUBLIC HOUSING COMMISSION OF THE city OF MARSHALL's profile

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