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Old Town Companies Receives PRIF Credits for Midtown Blocks

City of Carmel logoCity of Carmel
Disclosed value
$4,882.00 per unit
From agenda
Approved
Nov 19, 2025

The 30-second brief

What it covers

The Board plans to approve a PRIF Credit Agreement with Old Town Companies, LLC for Midtown Blocks 4 & 5, issuing impact fee credits of $4,882.00 per unit in exchange for financing and constructing agreed-upon infrastructure. This replaces direct Parks and Recreation Impact Fee payments with infrastructure contributions.

Who holds it

Old Town Companies LLC holds this contract with City of Carmel. Its other public contracts on record include work for City of Westfield city and Town of Zionsville.

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Contract details

Amount
$4,882.00 per unit
Document date
November 19, 2025
Vendor
Old Town Companies LLC
Agency
City of Carmel
Source document
board_of_public_works_and_safety_meeting_agenda_no.pdf (Agenda)

Old Town Companies LLC's other public contracts

City of Westfield city, IndianaOld Town Companies seeks vacation of right-of-way · Jul 12, 2026UndisclosedCity of Westfield city, IndianaOld Town Companies to Execute Union Square PIF Deal · Sep 3, 2025UndisclosedTown of Zionsville, IndianaOld Town Companies Park Plan Approved for Wild Air Site · May 7, 2025UndisclosedCity of Westfield city, IndianaPark + Poplar PUD rezoning recommended · May 5, 2025UndisclosedWestfield village, Illinoiswestfield-village-agenda-2025-04-21_f96.pdf · Apr 21, 2025UndisclosedAll Old Town Companies LLC contractsVendor profile

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Questions about this contract

Who was awarded the government contract by City of Carmel?

Old Town Companies LLC was awarded this government contract by City of Carmel, as recorded on November 19, 2025. The contract value is $4,882.00 per unit.

How much is the Old Town Companies LLC contract with City of Carmel worth?

The Old Town Companies LLC contract with City of Carmel is valued at $4,882.00 per unit.

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in board_of_public_works_and_safety_meeting_agenda_no.pdf (Agenda), dated November 19, 2025 from City of Carmel. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Old Town Companies LLC hold?

Old Town Companies LLC 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 Carmel currently buying?

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

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