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Redevelopment Agreement Extended for Cardinal Ventures Project

City of Crete logoCity of Crete
Disclosed value
$1.78 Million TIF
From minutes
Document date
Jan 6, 2026

The 30-second brief

What it covers

The City Council granted Cardinal Ventures, LLC a 2-year extension on the Redevelopment Agreement for the Cardinal Ventures Redevelopment Project, increasing project completion flexibility. The agreement, originally for $1.78 million in TIF, supports construction of 35 dwelling units over several phases. Amendment reflects delays in infrastructure and market slowdowns.

Who holds it

Cardinal Ventures LLC holds this contract with City of Crete.

What happens next

Term as filed: Extended by 2 years (originally 6 years, now 8 years total for project phases).

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Contract details

Amount
$1.78 Million TIF
Document date
January 6, 2026
Term
Extended by 2 years (originally 6 years, now 8 years total for project phases)
Vendor
Cardinal Ventures LLC
Agency
City of Crete
Source document
Crete City Council Minutes January 2026 (Minutes)

Cardinal Ventures LLC's other public contracts

City of Crete, NebraskaCrete Approves Redevelopment Agreement Amendment with Cardinal Ventures LLC · Feb 3, 2026UndisclosedCity of Crete, NebraskaCrete Agency Amends Cardinal Ventures Redevelopment Contract · Feb 3, 2026UndisclosedCity of Crete, NebraskaCrete Extends Cardinal Ventures Redevelopment and TIF Phases · Jan 20, 2026UndisclosedCity of Crete, NebraskaCity Extends Redevelopment Deal with Cardinal Ventures, LLC · Jan 20, 2026City of Crete, NebraskaRedevelopment Agreement Amended with Cardinal Ventures LLC · Jan 20, 2026UndisclosedAll Cardinal Ventures LLC contractsVendor profile

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Questions about this contract

Who was awarded the government contract by City of Crete?

Cardinal Ventures LLC was awarded this government contract by City of Crete, as recorded on January 6, 2026. The contract value is $1.78 Million TIF.

How much is the Cardinal Ventures LLC contract with City of Crete worth?

The Cardinal Ventures LLC contract with City of Crete is valued at $1.78 Million TIF.

What type of contract is this?

This is a government contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Crete City Council Minutes January 2026 (Minutes), dated January 6, 2026 from City of Crete. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Cardinal Ventures LLC hold?

Cardinal Ventures 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.

What is City of Crete currently buying?

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

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