arrowhead-community-improvement-district-proposed-budget-fye-6-30-2026_885.pdf
CID Budgets $300K for Developer Advances Repayment
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Description
Arrowhead Community Improvement District proposes $300,000 in FY 2026 for principal and interest payments on Developer Advances. These payments are governed by a Cooperative Agreement among the City, the CID, and the Developer.
Contract Details
Contract Amount
$300,000.00
Vendor
DEVELOPER
Agency
City of Independence, MO
Contract Type
FINANCIAL_SERVICES
Document Date
May 9, 2026
Contract Term
Fiscal year ending June 30, 2026
Renewal Date
2026-06-30
Renewal Info
Repayment terms, including interest, are governed by an existing Cooperative Agreement between the City, the CID, and the Developer; payments continue annually until advances are satisfied.
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ONGOINGarrowhead-community-improvement-district-proposed-budget-fye-6-30-2026_93a.pdf
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PENDINGMore from City of Independence
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