Annexation Agreement Sets Terms with K Holdings

Nibley City considers an annexation agreement with K Holdings LLC for the Nielson-Ropelato property covering approximately 42 acres. Under the 10-year agreement, K Holdings will improve 1500 West and upsize utilities while the City processes annexation and assigns R-2A and R-M zoning, with future reimbursement from benefitted developers for certain street upgrades.

Scope & details

The full contract record, as filed.

Contract type

FACILITIES

Contract term

10 years from execution date (annexation agreement term)

Renewal

Annexation agreement has a fixed 10-year term from the execution date; any unexercised development rights under the agreement expire at term end. No automatic renewal is provided.

Document type

AgendaPacket

Source document

Nibley City Council Agenda Packet 2026-06-25

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by City of Nibley?

K Holdings Llc was awarded this facilities contract by City of Nibley, as recorded on June 25, 2026.

What type of contract is this?

This is a Facilities contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Nibley City Council Agenda Packet 2026-06-25 (AgendaPacket), dated June 25, 2026 from City of Nibley. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does K Holdings Llc hold?

K Holdings 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.

View K Holdings Llc's profile

What is City of Nibley currently buying?

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

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