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FINANCIAL_SERVICESPENDING

City of Kokomo Common Council Agenda Packet 2026-05-18

BCG executes Series 2026 revenue note to city

$________ (original principal of Series 2026 Note)City of KokomoBROWN CAPITAL GROUP CONTRACTS LLCMay 18, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Brown Capital Group Contracts, LLC is issuing a taxable Economic Development Revenue Note, Series 2026, to the City of Kokomo to evidence a TIF-backed forgivable loan for the BCG multifamily project. The note accrues interest until its stated maturity date, when payment may be forgiven if all loan conditions are satisfied.

Contract Details

Contract Amount

$________ (original principal of Series 2026 Note)

Vendor

BROWN CAPITAL GROUP CONTRACTS LLC

Agency

City of Kokomo, IN

Contract Type

FINANCIAL_SERVICES

Document Date

May 18, 2026

Contract Term

Maturity Date _________, 20__

Renewal Info

Repayment may be fully forgiven at maturity or earlier per the Forgivable Loan Agreement; if forgiveness conditions are not met, the full outstanding principal and interest become due and are not forgiven.

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