IndiBuild Granted Option for Affordable Housing Development Lease

Scope & details

The full contract record, as filed.

Contract amount

Option payments (undisclosed) per Ground Lease Option Agreement

Contract type

OTHER

Contract term

Through July 31, 2027, with possible six-month extensions

Renewal date

2027-07-31

Renewal

Option runs through July 31, 2027, with possible six-month extensions via additional option payments; can be terminated if funding or approvals not achieved by Dec. 31, 2027.

Document type

Minutes

Source document

Fruita City Council Minutes January 2026

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City of Fruita Agenda City Council Regular Meeting 2026-08-04

PENDING

City of Fruita, ColoradoAug 2, 2026

City of Fruita City Council Agenda February 3 2026

REJECTED

City of Fruita, Colorado$2,000 upon execution, plus option renewal paymentsFeb 3, 2026

City of Fruita City Council Regular Meeting Agenda February 2026

REJECTED

City of Fruita, Colorado$2,000 initial option payment (with escalating renewal payments)Feb 3, 2026

fruita_city_council_regular_meeting_agenda_decembe.pdf

APPROVED

City of Fruita, Colorado$2,000 option payment (with up to $16,500 total for all extensions); $150,000 upfront lease payment (for first 15 years of lease)Dec 16, 2025

Fruita City Council Minutes December 2025

REJECTED

City of Fruita, Colorado$2,000 (option payment per term, plus increases for renewals)Dec 16, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Fruita?

Indibuild Llc was awarded this government contract by City of Fruita, as recorded on January 6, 2026.

What type of contract is this?

This is a government contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Fruita City Council Minutes January 2026 (Minutes), dated January 6, 2026 from City of Fruita. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Indibuild Llc hold?

Indibuild 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.

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Scope & details

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Frequently asked questions

Who was awarded the government contract by City of Fruita?

What type of contract is this?

Where was this contract approved?

What other contracts does Indibuild Llc hold?

What is City of Fruita currently buying?

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