FINANCIAL_SERVICESAPPROVED

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

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.

Status
APPROVED
Document date
June 8, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Brown Capital Group Contracts Llc
Agency
City of Kokomo · IN

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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
Bonds not to exceed $4,800,000 and forgivable notes not to exceed $2,760,000
Contract type
FINANCIAL_SERVICES
Contract term
Bonds and Forgivable Notes: each up to 25 years
Renewal
Bonds and forgivable notes may mature up to 25 years and are subject to loan forgiveness terms in the Financing Agreements; ordinance cannot be repealed or amended to adversely affect holders while obligations remain outstanding.
Document type
AgendaPacket
Source document
City of Kokomo AgendaPacket Kokomo Common Council Meeting 2026-06-08

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Frequently asked questions

Common questions about this contract, answered from the record.

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.

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.

View Brown Capital Group Contracts Llc's 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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