City approves Development Agreement with Sunstone Investments, LLC
City of IndianolaCity · Indianola, MS- Disclosed value
- $3,883,219
- From agenda
- Document date
- Apr 7, 2025
- Term
- 20 consecutive semi-annual payments
The 30-second brief
The City will make up to twenty consecutive semi-annual payments of Economic Development Grants to Developer consisting of 100% of the Tax Increments.The cumulative total for all such payments not to exceed the lesser of $3,883,219
Sunstone Investments holds this economic development grants contract with City of Indianola.
Term as filed: 20 consecutive semi-annual payments.
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Contract details
- Contract type
- Economic Development Grants
- Amount
- $3,883,219
- Document date
- April 7, 2025
- Term
- 20 consecutive semi-annual payments
- Vendor
- Sunstone Investments
- Agency
- City of Indianola
- Source document
- city-of-indianola-council-meeting-agenda-april-7-2025_c1e.pdf (Agenda)
Sunstone Investments's other public contracts
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Questions about this contract
Who was awarded the economic development grants contract by City of Indianola?
Sunstone Investments was awarded this economic development grants contract by City of Indianola, as recorded on April 7, 2025. The contract value is $3,883,219.
How much is the Sunstone Investments contract with City of Indianola worth?
The Sunstone Investments contract with City of Indianola is valued at $3,883,219, covering economic development grants work.
What type of contract is this?
This is a Economic Development Grants contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city-of-indianola-council-meeting-agenda-april-7-2025_c1e.pdf (Agenda), dated April 7, 2025 from City of Indianola. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Sunstone Investments hold?
Sunstone Investments 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 Indianola currently buying?
Explore City of Indianola's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.