CONSULTINGONGOING

Kesler Mill Plan Includes Fee to Development Finance Initiative

The Kesler Mill redevelopment framework includes a 1% development services fee to the Development Finance Initiative for advisory work on the project’s structure and financing. This fee is embedded in the Memorandum of Understanding with Self Help and DreamKey Partners.

Status
ONGOING
Document date
June 16, 2026
Contract type
CONSULTING
Vendor
Development Finance Initiative
Agency
City of Salisbury · NC

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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
1% development services fee (tied to project costs)
Contract type
CONSULTING
Contract term
Linked to Kesler Mill redevelopment evaluation and development timeline; specific dates not provided
Document type
Minutes
Source document
Salisbury City Council Minutes 2026-06-16

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the consulting contract by City of Salisbury?

Development Finance Initiative was awarded this consulting contract by City of Salisbury, as recorded on June 16, 2026. The contract value is 1% development services fee (tied to project costs).

How much is the Development Finance Initiative contract with City of Salisbury worth?

The Development Finance Initiative contract with City of Salisbury is valued at 1% development services fee (tied to project costs), covering consulting work.

What type of contract is this?

This is a Consulting contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Salisbury City Council Minutes 2026-06-16 (Minutes), dated June 16, 2026 from City of Salisbury. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Development Finance Initiative hold?

Development Finance Initiative 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 Development Finance Initiative's profile

What is City of Salisbury currently buying?

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

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