Eudora weighs TIF and IRBs for K-10 corridor project

Scope & details

The full contract record, as filed.

Contract amount

$31,363,050 estimated TIF-eligible infrastructure costs; up to $200,000,000 in IRBs (sales tax exemption only)

Contract type

FINANCIAL_SERVICES

Contract term

TIF project plan anticipated 20-year term; phased buildout roughly 2026–2035+

Renewal

TIF project plan expected to run for up to 20 years from adoption; reimbursements will be pay-as-you-go from incremental tax revenues until eligible costs plus approved interest are repaid or the TIF term expires. IRB authority would be available for future vertical construction within the project area up to the authorized principal amount.

Document type

Agenda

Source document

Eudora City Commission Agenda 2026-07-27

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Town of Eudora, Kansas$30,000Jul 27, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Eudora?

Main Street Development Group Llc was awarded this financial services contract by Town of Eudora, as recorded on July 27, 2026. The contract value is $31,363,050 estimated TIF-eligible infrastructure costs; up to $200,000,000 in IRBs (sales tax exemption only).

How much is the Main Street Development Group Llc contract with Town of Eudora worth?

The Main Street Development Group Llc contract with Town of Eudora is valued at $31,363,050 estimated TIF-eligible infrastructure costs; up to $200,000,000 in IRBs (sales tax exemption only), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Eudora City Commission Agenda 2026-07-27 (Agenda), dated July 27, 2026 from Town of Eudora. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Main Street Development Group Llc hold?

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