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CID Budgets $300K to Repay Developer Advances

City of Independence logoCity of Independence
Disclosed value
$300,000.00
From budget
Document date
May 9, 2026

The 30-second brief

What it covers

The Arrowhead Community Improvement District budget for FYE 6/30/2026 includes $300,000 for principal and interest payments on Developer Advances under a Cooperative Agreement with the City and the Developer. These funds support repayment of prior project financing provided by the developer.

Who holds it

DEVELOPER holds this financial services contract with City of Independence. Its other public contracts on record include work for TOWNE LAKE MANAGEMENT DISTRICT and Waterset South Community Development District - Rizzetta & Company, Inc..

What happens next

Term as filed: Fiscal Year Ending June 30, 2026 (repayment period within broader Cooperative Agreement term).

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Contract details

Contract type
Financial Services
Amount
$300,000.00
Document date
May 9, 2026
Term
Fiscal Year Ending June 30, 2026 (repayment period within broader Cooperative Agreement term)
Vendor
DEVELOPER
Agency
City of Independence
Source document
arrowhead-community-improvement-district-proposed-budget-fye-6-30-2026_93a.pdf (Budget)

DEVELOPER's other public contracts

TOWNE LAKE MANAGEMENT DISTRICT, TexasDeveloper Update on Agenda · Sep 9, 2026UndisclosedWaterset South Community Development District - Rizzetta & Company, Inc., FloridaFunding Agreement Planned With Developer · Sep 5, 2026UndisclosedMiami-Dade County, FloridaDeveloper Contribution Funds Homestead Shelter Project · Sep 3, 2026City of Sanford, MaineCity Plans Credit Enhancement Agreement for TIF · Sep 1, 2026UndisclosedCity of Johnstown, New YorkJohnstown Approves $100,000 Development Infrastructure Contribution · Sep 1, 2026Up to $100,000All DEVELOPER contractsVendor profile

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Delta Innovative Services IncFire Station Roof Change Order Approved for Delta Innovative · Oct 5, 2026Missouri Highways & Transportation CommissionSidewalk Improvement Agreement Approved with Missouri Commission · Oct 5, 2026UndisclosedWiedenmann IncSanitary Sewer Relocation Contract Approved for Wiedenmann · Oct 5, 2026P-1 ServiceP-1 Service Awarded Wastewater Motor Control Purchase · Oct 5, 2026Reed Environmental LLCReclaim Basin Restoration Contract Approved for Reed Environmental · Oct 5, 2026All City of Independence activityAgency profile

Questions about this contract

Who was awarded the financial services contract by City of Independence?

DEVELOPER was awarded this financial services contract by City of Independence, as recorded on May 9, 2026. The contract value is $300,000.00.

How much is the DEVELOPER contract with City of Independence worth?

The DEVELOPER contract with City of Independence is valued at $300,000.00, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a budget record.

Where was this contract approved?

This contract appears in arrowhead-community-improvement-district-proposed-budget-fye-6-30-2026_93a.pdf (Budget), dated May 9, 2026 from City of Independence. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does DEVELOPER hold?

DEVELOPER 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 Independence currently buying?

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

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