FINANCIAL_SERVICESAMENDED

Northpoint IRB Authorization Increased to $250 Million

The Unified Government approved an amendment to the 2019 industrial revenue bonds agreement with Northpoint Development, raising the IRB authorization from $155 million to $250 million to address higher construction costs. The developer-purchased bonds provide up to 10 years of property tax abatement and sales tax exemption on construction materials for the project at I-70 and Turner Diagonal.

Status
AMENDED
Document date
March 30, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Northpoint Development
Agency
City of Kansas · KS

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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
Increase of $95,000,000 (from $155,000,000 to $250,000,000 in IRBs)
Contract type
FINANCIAL_SERVICES
Contract term
Property tax abatement for up to 10 years on IRB-supported facilities
Renewal
Amendment increases the total IRB authorization; underlying abatement term remains up to 10 years per facility under the existing 2019 agreement.
Document type
Minutes
Source document
Unified Government of Wyandotte County and Kansas City, Kansas Minutes Economic Development & Finance Meeting 2026-03-30

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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 Kansas?

Northpoint Development was awarded this financial services contract by City of Kansas, as recorded on March 30, 2026. The contract value is Increase of $95,000,000 (from $155,000,000 to $250,000,000 in IRBs).

How much is the Northpoint Development contract with City of Kansas worth?

The Northpoint Development contract with City of Kansas is valued at Increase of $95,000,000 (from $155,000,000 to $250,000,000 in IRBs), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Unified Government of Wyandotte County and Kansas City, Kansas Minutes Economic Development & Finance Meeting 2026-03-30 (Minutes), dated March 30, 2026 from City of Kansas. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Northpoint Development hold?

Northpoint Development may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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