CONTRACTAPPROVED

City of Hobbs Awards $300,000 Development Agreement Contract to Stuard Development (March 2025)

Disclosed value: $300,000.00; From minutes
Approved: Mar 17, 2025

What it covers

Stuard Development LLC gets approval for a development agreement with infrastructure incentives of $300,000 for market-rate single-family housing.

Who holds it

Stuard Development holds this development agreement contract with City of Hobbs.

See who signed off on this $300K contract.

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Contract details

Contract type: Development Agreement
Amount: $300,000.00
Document date: March 17, 2025
Term: NA
Vendor: Stuard Development
Agency: City of Hobbs
Source document: city-of-hobbs-city-commission-meeting-minutes-march-17-2025_b2a.pdf (Minutes)

Stuard Development's other public contracts

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Questions about this contract

Who was awarded the development agreement contract by City of Hobbs?

Stuard Development was awarded this development agreement contract by City of Hobbs, as recorded on March 17, 2025. The contract value is $300,000.00.

How much is the Stuard Development contract with City of Hobbs worth?

The Stuard Development contract with City of Hobbs is valued at $300,000.00, covering development agreement work.

What type of contract is this?

This is a Development Agreement contract, documented as a minutes record.

Where was this contract approved?

This contract appears in city-of-hobbs-city-commission-meeting-minutes-march-17-2025_b2a.pdf (Minutes), dated March 17, 2025 from City of Hobbs. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Stuard Development hold?

Stuard Development 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 Hobbs currently buying?

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

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