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Vermillion to create district, boost housing.

City of Vermillion logoCity of Vermillion
Disclosed value
$6,000,000
From agenda
Document date
Apr 28, 2025
Term
20 years

The 30-second brief

What it covers

City of Vermillion intends to create Tax Increment District #11 for the benefit of Stencil Group LLC to finance construction costs. City will provide infrastructure grant not exceeding $6,000,000.

Who holds it

Stencil Group holds this infrastructure grant contract with City of Vermillion. Its other public contracts on record include work for City of Dundas and City of Yankton.

What happens next

Term as filed: 20 years.

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Contract details

Contract type
Infrastructure Grant
Amount
$6,000,000
Document date
April 28, 2025
Term
20 years
Vendor
Stencil Group
Agency
City of Vermillion
Source document
city-of-vermillion-agenda-2025-04-28_775.pdf (Agenda)

Stencil Group's other public contracts

City of Dundas, MinnesotaStencil Group To Build Cannon River Lofts · Aug 23, 2026City of Yankton, South DakotaStencil Group Receives TID Reimbursement Payment · Jul 27, 2026$45.1KCity of Pierre, South DakotaPlanning Commission Recommends Apartment Project by Stencil Group · Apr 27, 2026UndisclosedCity of Pierre, South DakotaStencil Group to Build 92-Unit Downtown Apartment Complex · Mar 31, 2026UndisclosedHousing Authority of the Town of Douglas, WyomingURA Development Agreement For Seven Trails Approved · Mar 23, 2026UndisclosedAll Stencil Group contractsVendor profile

More City of Vermillion contracts

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Questions about this contract

Who was awarded the infrastructure grant contract by City of Vermillion?

Stencil Group was awarded this infrastructure grant contract by City of Vermillion, as recorded on April 28, 2025. The contract value is $6,000,000.

How much is the Stencil Group contract with City of Vermillion worth?

The Stencil Group contract with City of Vermillion is valued at $6,000,000, covering infrastructure grant work.

What type of contract is this?

This is a Infrastructure Grant contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-vermillion-agenda-2025-04-28_775.pdf (Agenda), dated April 28, 2025 from City of Vermillion. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Stencil Group hold?

Stencil Group 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 Vermillion currently buying?

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

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