Developer funds Banks at Lock 4 road improvements

Gallatin appropriated $197,765.95 received from Forestar Group Inc. under a development agreement to fund right-of-way activities for a new roundabout at Hancock Street and Lock 4 Road serving The Banks at Lock 4 project. The funds cover appraisal, acquisition, closing, and related right-of-way costs for the offsite improvements.

Scope & details

The full contract record, as filed.

Contract amount

$197,765.95

Contract type

CONSTRUCTION

Renewal

Developer funding is tied to the Banks at Lock 4 development agreement, which requires the roundabout to be completed before the 102nd certificate of occupancy; no renewals are specified.

Document type

Agenda

Source document

City of Gallatin Council Committee Meeting Agenda April 28 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by City of Gallatin?

Forestar Group Inc was awarded this construction contract by City of Gallatin, as recorded on April 28, 2026. The contract value is $197,765.95.

How much is the Forestar Group Inc contract with City of Gallatin worth?

The Forestar Group Inc contract with City of Gallatin is valued at $197,765.95, covering construction work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Gallatin Council Committee Meeting Agenda April 28 2026 (Agenda), dated April 28, 2026 from City of Gallatin. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Forestar Group Inc hold?

Forestar Group Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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