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City of Spanish Fork Awards $802,934 Incentive Agreement Contract to Pheasant Run Properties (September 2023)

City of Spanish Fork logoCity of Spanish Fork
Disclosed value
$802,933.70
From contract
Approved
Sep 9, 2023
Term
10 years

The 30-second brief

What it covers

Spanish Fork City Redevelopment Agency agrees to pay development fees up to $802,933.70 on behalf of Pheasant Run Properties, LLC for the North Industrial Redevelopment Project Area. The fees will serve as a credit towards outstanding development-related charges and the project is expected to be completed within 10 years.

Who holds it

Pheasant Run Properties holds this incentive agreement contract with City of Spanish Fork.

What happens next

Term as filed: 10 years.

See who signed off on this $802.9K contract.

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Contract details

Contract type
Incentive Agreement
Amount
$802,933.70
Document date
September 9, 2023
Term
10 years
Vendor
Pheasant Run Properties
Agency
City of Spanish Fork
Source document
city-of-spanish-fork-contract-2023-09-09_e5f.pdf (Contract)

Pheasant Run Properties's other public contracts

City of Spanish Fork, Utahcity-of-spanish-fork-agenda-2023-07-11_26b.txt · Jul 11, 2023$802KCity of Spanish Fork, UtahAgreement Approved for Pheasant Run Properties, LLC · Jul 11, 2023UndisclosedCity of Spanish Fork, UtahRDA Approves Incentive Agreement With Pheasant Run Properties · Jun 20, 2023All Pheasant Run Properties contractsVendor profile

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Questions about this contract

Who was awarded the incentive agreement contract by City of Spanish Fork?

Pheasant Run Properties was awarded this incentive agreement contract by City of Spanish Fork, as recorded on September 9, 2023. The contract value is $802,933.70.

How much is the Pheasant Run Properties contract with City of Spanish Fork worth?

The Pheasant Run Properties contract with City of Spanish Fork is valued at $802,933.70, covering incentive agreement work.

What type of contract is this?

This is a Incentive Agreement contract, documented as a contract record.

Where was this contract approved?

This contract appears in city-of-spanish-fork-contract-2023-09-09_e5f.pdf (Contract), dated September 9, 2023 from City of Spanish Fork. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Pheasant Run Properties hold?

Pheasant Run Properties 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 Spanish Fork currently buying?

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

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