CONTRACTAPPROVED

Janesville Area MPO Awards $3,450,000 Tif Development Agreement Contract to FREDENDALL (January 2025)

Janesville Area MPO
Disclosed value
$3,450,000.00
From resolution
Approved
Jan 27, 2025
Term
15 years

The 30-second brief

What it covers

Fredendall LLC secures a TIF Development Agreement with the City of Janesville. Agreement covers the renovation and redevelopment of a commercial property at 37 South Main Street. The city will provide a pay-as-you-go development incentive for 15 years, capped at 90% of the newly created real estate tax.

Who holds it

FREDENDALL holds this tif development agreement contract with Janesville Area MPO. Its other public contracts on record include work for Janesville Neighborhood & Community Services and City of Janesville.

What happens next

Term as filed: 15 years.

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Contract details

Contract type
Tif Development Agreement
Amount
$3,450,000.00
Document date
January 27, 2025
Term
15 years
Source document
janesville-area-mpo-resolution-2025-01-27_d88.pdf (Resolution)

FREDENDALL's other public contracts

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Questions about this contract

Who was awarded the tif development agreement contract by Janesville Area MPO?

FREDENDALL was awarded this tif development agreement contract by Janesville Area MPO, as recorded on January 27, 2025. The contract value is $3,450,000.00.

How much is the FREDENDALL contract with Janesville Area MPO worth?

The FREDENDALL contract with Janesville Area MPO is valued at $3,450,000.00, covering tif development agreement work.

What type of contract is this?

This is a Tif Development Agreement contract, documented as a resolution record.

Where was this contract approved?

This contract appears in janesville-area-mpo-resolution-2025-01-27_d88.pdf (Resolution), dated January 27, 2025 from Janesville Area MPO. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does FREDENDALL hold?

FREDENDALL 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 Janesville Area MPO currently buying?

Explore Janesville Area MPO's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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