OTHERAPPROVED

328 E Broadway Redevelopment Agreement, Tax Abatement Approved

Excelsior Springs approved a development agreement with Excelsior Springs Redevelopment Corporation for 328 E Broadway Avenue, granting up to $476,626.80 in tax abatement incentives tied to qualified redevelopment expenditures, with a maximum term of 15 years.

Status
APPROVED
Document date
July 21, 2025
Contract type
OTHER
Vendor
Excelsior Springs Redevelopment Corporation
Agency
City of Excelsior Springs · MO

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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
$476,626.80 (projected eligible costs)
Contract type
OTHER
Contract term
Up to 15 years (10 years 100% abatement, then 5 years 50% abatement, or until $476,626.80 is reached)
Renewal date
2040-07-21
Renewal
Abatement ends after 15 years or when eligible cost reach $476,626.80; agreement is project-specific.
Document type
Agenda
Source document
city-of-excelsior-springs-city-council-meeting-agenda-july-21-2025_05b.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Excelsior Springs?

Excelsior Springs Redevelopment Corporation was awarded this government contract by City of Excelsior Springs, as recorded on July 21, 2025. The contract value is $476,626.80 (projected eligible costs).

How much is the Excelsior Springs Redevelopment Corporation contract with City of Excelsior Springs worth?

The Excelsior Springs Redevelopment Corporation contract with City of Excelsior Springs is valued at $476,626.80 (projected eligible costs).

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-excelsior-springs-city-council-meeting-agenda-july-21-2025_05b.pdf (Agenda), dated July 21, 2025 from City of Excelsior Springs. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Excelsior Springs Redevelopment Corporation hold?

Excelsior Springs Redevelopment Corporation 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 Excelsior Springs Redevelopment Corporation's profile

What is City of Excelsior Springs currently buying?

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

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