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City of Grand Junction Awards $100 Letter Of Intent Contract to VERTIKAL (September 2025)

City of Grand Junction
Disclosed value
$100
From minutes
Approved
Sep 17, 2025

The 30-second brief

What it covers

City Council approves Letter of Intent with Vertikal for purchase of approximately 3.42 acres within the Salt Flats property for $100. Vertikal's project aims to develop a mixed-income, for-sale housing community with 21 deed-restricted homes.

Who holds it

VERTIKAL holds this letter of intent contract with City of Grand Junction.

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Contract details

Contract type
Letter Of Intent
Amount
$100
Document date
September 17, 2025
Term
NA
Vendor
VERTIKAL
Agency
City of Grand Junction
Source document
grand-junction-city-council-meeting-minutes-september-17-2025_819.pdf (Minutes)

VERTIKAL's other public contracts

City of Grand Junction, ColoradoLOI with Vertikal Approved for Mixed-Income Housing Project · Oct 1, 2025City of Grand Junction, ColoradoVertikal to purchase lots in Salt Flats Property · Sep 17, 2025$100City of Grand Junction, ColoradoCity to Consider Land Sale LOI with Vertikal · Sep 17, 2025UndisclosedCity of Grand Junction, ColoradoVertikal for Salt Flats development project · Aug 18, 2025UndisclosedCity of Grand Junction, ColoradoVertikal to develop Salt Flats housing project · Aug 18, 2025UndisclosedAll VERTIKAL contractsVendor profile

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Questions about this contract

Who was awarded the letter of intent contract by City of Grand Junction?

VERTIKAL was awarded this letter of intent contract by City of Grand Junction, as recorded on September 17, 2025. The contract value is $100.

How much is the VERTIKAL contract with City of Grand Junction worth?

The VERTIKAL contract with City of Grand Junction is valued at $100, covering letter of intent work.

What type of contract is this?

This is a Letter Of Intent contract, documented as a minutes record.

Where was this contract approved?

This contract appears in grand-junction-city-council-meeting-minutes-september-17-2025_819.pdf (Minutes), dated September 17, 2025 from City of Grand Junction. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does VERTIKAL hold?

VERTIKAL 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 Grand Junction currently buying?

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

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