Dowagiac BRA Approves $75,165 Brownfield Reimbursement for Ur Real Estate
Town of PokagonCity · MI- Disclosed value
- Estimated reimbursable Eligible Costs $75,165 (total capital investment $919,906)
- From agenda
- Approved
- Jan 13, 2024
- Renews
- Free account
The 30-second brief
The City of Dowagiac Brownfield Redevelopment Authority has approved a development and reimbursement agreement with Ur Real Estate, LLC for the redevelopment of 113 Commercial Street. The agreement allows for up to $75,165 in eligible costs to be reimbursed from tax increment revenue generated by the property after project completion. The reimbursement period will last up to 20 years or until all eligible costs are paid, with up to 5 additional years for the local brownfield revolving fund, for a total of 25 years.
Ur Real Estate LLC holds this contract with Town of Pokagon. Its other public contracts on record include work for City of Dowagiac and Dowagiac Housing Commission.
The renewal date is on record. A free account shows it, with the renewals for every Town of Pokagon contract.
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Contract details
- Amount
- Estimated reimbursable Eligible Costs $75,165 (total capital investment $919,906)
- Document date
- January 13, 2024
- Term
- Reimbursement up to 20 years, or until full reimbursement of Eligible Costs plus 5 years for Local Fund; maximum of 25 years total
- Renews
- Free account
- Vendor
- Ur Real Estate LLC
- Agency
- Town of Pokagon
- Source document
- town-of-pokagon-agenda-2024-01-13_b7b.pdf (Agenda)
Ur Real Estate LLC's other public contracts
More Town of Pokagon contracts
Questions about this contract
Who was awarded the government contract by Town of Pokagon?
Ur Real Estate LLC was awarded this government contract by Town of Pokagon, as recorded on January 13, 2024. The contract value is Estimated reimbursable Eligible Costs $75,165 (total capital investment $919,906).
How much is the Ur Real Estate LLC contract with Town of Pokagon worth?
The Ur Real Estate LLC contract with Town of Pokagon is valued at Estimated reimbursable Eligible Costs $75,165 (total capital investment $919,906).
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 town-of-pokagon-agenda-2024-01-13_b7b.pdf (Agenda), dated January 13, 2024 from Town of Pokagon. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Ur Real Estate LLC hold?
Ur Real Estate 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 Town of Pokagon currently buying?
Explore Town of Pokagon's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.