CONTRACTPENDING

Lupe Development may receive $200,000 TIF assistance

Town of Nevada logoTown of Nevada
Disclosed value
$200,000
From minutes
Document date
Jun 23, 2025
Term
5 years

The 30-second brief

What it covers

City council agreed to offer a $200,000 TIF District for a five-year term, but Lupe Development has now revised their TIF request and is also asking for conduit debt assistance from the city for the 99 County Road B East Senior Housing Project.

Who holds it

Lupe Development holds this tax increment financing contract with Town of Nevada. Its other public contracts on record include work for City of Richfield and City of Little Canada.

What happens next

Term as filed: 5 years.

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Contract details

Contract type
Tax Increment Financing
Amount
$200,000
Document date
June 23, 2025
Term
5 years
Source document
town-of-nevada-city-council-minutes-little-canada-road-project-lupe-development-tif-jun-23-2025_dd2.pdf (Minutes)

Lupe Development's other public contracts

More Town of Nevada contracts

Questions about this contract

Who was awarded the tax increment financing contract by Town of Nevada?

Lupe Development was awarded this tax increment financing contract by Town of Nevada, as recorded on June 23, 2025. The contract value is $200,000.

How much is the Lupe Development contract with Town of Nevada worth?

The Lupe Development contract with Town of Nevada is valued at $200,000, covering tax increment financing work.

What type of contract is this?

This is a Tax Increment Financing contract, documented as a minutes record.

Where was this contract approved?

This contract appears in town-of-nevada-city-council-minutes-little-canada-road-project-lupe-development-tif-jun-23-2025_dd2.pdf (Minutes), dated June 23, 2025 from Town of Nevada. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Lupe Development hold?

Lupe Development 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 Town of Nevada currently buying?

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

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