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Town of Shell Creek Awards $1,200,000 Loan Contract to K Herman Development (July 2025)

Town of Shell Creek
Disclosed value
$1,200,000
From report
Approved
Jul 17, 2025
Term
5 years

The 30-second brief

What it covers

K Herman Development LLC awarded a $1,200,000 loan for two workforce housing projects over a 5-year term.

Who holds it

K Herman Development holds this loan contract with Town of Shell Creek. Its other public contracts on record include work for City of Madison and City of Schuyler.

What happens next

Term as filed: 5 years.

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Contract details

Contract type
Loan
Amount
$1,200,000
Document date
July 17, 2025
Term
5 years
Vendor
K Herman Development
Agency
Town of Shell Creek
Source document
citizens_advisory_review_committee_carc_semi_annua.pdf (Report)

K Herman Development's other public contracts

City of Madison, NebraskaMadison Approves South Ingram Lot Sale To Developer · Apr 16, 2026City of Madison, NebraskaMadison Approves Sale Of Six Lots To Developer · Apr 8, 2026City of Madison, NebraskaMadison Considers Six-Lot Sale to K. Herman Development · Apr 8, 2026City of Schuyler, NebraskaK. Herman Development LB840 Loan Disbursed · Dec 16, 2025$100KCity of Schuyler, NebraskaK. Herman Development LB840 Loan Approved · Dec 16, 2025$100KAll K Herman Development contractsVendor profile

More Town of Shell Creek contracts

AQUAPUREAQUA-PURE INC awarded $13,028 chemical supply contract · Nov 18, 2025$13KBRITEBRITE awarded $137,036 IT hardware contract · Nov 18, 2025$137KMd SolutionsMD SOLUTIONS awarded $1,779 industrial supplies contract · Nov 18, 2025$1.8KRembolt LudtkeREMBOLT LUDTKE LLP awarded $660 labor and employment services contract · Nov 18, 2025$660HYVEEHY-VEE INC awarded $285 food supplies contract · Nov 18, 2025$285All Town of Shell Creek activityAgency profile

Questions about this contract

Who was awarded the loan contract by Town of Shell Creek?

K Herman Development was awarded this loan contract by Town of Shell Creek, as recorded on July 17, 2025. The contract value is $1,200,000.

How much is the K Herman Development contract with Town of Shell Creek worth?

The K Herman Development contract with Town of Shell Creek is valued at $1,200,000, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a report record.

Where was this contract approved?

This contract appears in citizens_advisory_review_committee_carc_semi_annua.pdf (Report), dated July 17, 2025 from Town of Shell Creek. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does K Herman Development hold?

K Herman 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 Town of Shell Creek currently buying?

Explore Town of Shell Creek's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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