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Board reviews TIF agreement with NorWood developer

Colorado Springs School District 11 logoColorado Springs School District 11
Document date
Sep 3, 2025

The 30-second brief

What it covers

Colorado Springs School District 11 is reviewing Resolution 2025-05 to approve a Tax Increment Financing Property Tax Increment Revenue Agreement for the Moreno and Cascade project with developer NorWood. The proposed URA project would develop a 180-room hotel and 70 to 115 attainable housing units using redirected property tax increments to support public infrastructure and URA bond financing.

Who holds it

NORWOOD holds this financial services contract with Colorado Springs School District 11. Its other public contracts on record include work for County of Prince Edward and Borough of Rockleigh.

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Contract details

Contract type
Financial Services
Document date
September 3, 2025
Vendor
NORWOOD
Agency
Colorado Springs School District 11
Source document
Colorado Springs School District 11 Board Meeting Agenda September 2025 (Agenda)

NORWOOD's other public contracts

County of Prince Edward, CanadaNorwood Window Design Cited in Heritage Project · Apr 8, 2026UndisclosedBorough of Rockleigh, New JerseyDiscussion Held With Norwood on Fire Services · Apr 6, 2026UndisclosedTown of Sharon, MassachusettsIntermunicipal Energy Manager Agreement with Norwood Approved · Mar 10, 2026UndisclosedTownship of Central Frontenac, CanadaTownship Sourcing Original Siding Through Norwood · Feb 26, 2026UndisclosedColorado Springs School District 11, ColoradoBoard Considers TIF Agreement for NorWood Project · Oct 1, 2025UndisclosedAll NORWOOD contractsVendor profile

More Colorado Springs School District 11 contracts

City of Colorado SpringsDistrict Approves City Drainage License Agreement · Sep 2, 2026UndisclosedMason, LaurenStaff Review Covers District Policy Revisions · Sep 2, 2026UndisclosedWise, JessicaStaff Review Covers District Policy Revisions · Sep 2, 2026UndisclosedCity of Colorado SpringsDistrict Approves 25-Year Drainage License With Colorado Springs · Sep 2, 2026UndisclosedUsi Insurance ServicesUSI Insurance Services Named Benefits Partner · Aug 28, 2026UndisclosedAll Colorado Springs School District 11 activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Colorado Springs School District 11?

NORWOOD was awarded this financial services contract by Colorado Springs School District 11, as recorded on September 3, 2025.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Colorado Springs School District 11 Board Meeting Agenda September 2025 (Agenda), dated September 3, 2025 from Colorado Springs School District 11. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does NORWOOD hold?

NORWOOD 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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What is Colorado Springs School District 11 currently buying?

Explore Colorado Springs School District 11's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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