CONTRACTAPPROVED

City of Kokomo Awards Financial Services Contract to Brown Capital Group Contracts LLC (June 2026)

City of Kokomo logoCity of Kokomo
Disclosed value
Bonds not to exceed $4,800,000 and forgivable notes not to exceed $2,760,000
From agendapacket
Approved
Jun 8, 2026

The 30-second brief

What it covers

The Kokomo Common Council approved Ordinance 7239 authorizing up to $4.8 million in taxable economic development TIF bonds and up to $2.76 million in forgivable revenue notes to be loaned to Brown Capital Group Contracts, LLC for the BCG Project. The financing will support construction of a 192-unit multifamily housing complex with amenities, backed by project revenues and pledged TIF funds.

Who holds it

Brown Capital Group Contracts LLC holds this financial services contract with City of Kokomo. Its other public contracts on record include work for City of Evansville.

What happens next

Term as filed: Bonds and Forgivable Notes: each up to 25 years.

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Contract details

Contract type
Financial Services
Amount
Bonds not to exceed $4,800,000 and forgivable notes not to exceed $2,760,000
Document date
June 8, 2026
Term
Bonds and Forgivable Notes: each up to 25 years
Source document
City of Kokomo AgendaPacket Kokomo Common Council Meeting 2026-06-08 (AgendaPacket)

Brown Capital Group Contracts LLC's other public contracts

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Questions about this contract

Who was awarded the financial services contract by City of Kokomo?

Brown Capital Group Contracts LLC was awarded this financial services contract by City of Kokomo, as recorded on June 8, 2026. The contract value is Bonds not to exceed $4,800,000 and forgivable notes not to exceed $2,760,000.

How much is the Brown Capital Group Contracts LLC contract with City of Kokomo worth?

The Brown Capital Group Contracts LLC contract with City of Kokomo is valued at Bonds not to exceed $4,800,000 and forgivable notes not to exceed $2,760,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Kokomo AgendaPacket Kokomo Common Council Meeting 2026-06-08 (AgendaPacket), dated June 8, 2026 from City of Kokomo. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Brown Capital Group Contracts LLC hold?

Brown Capital Group Contracts 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.

What is City of Kokomo currently buying?

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

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