FINANCIAL_SERVICESPENDING

Avon Plans $5.35M Series 2026B Bonds for Lennar

The Town of Avon is authorizing up to $5,350,000 in Taxable Economic Development Revenue Bonds, Series 2026B, to provide financing to Lennar Homes of Indiana, LLC for Phase II infrastructure improvements in the Avon Economic Development Area. The bonds will be secured by TIF revenues from the HOPA-1 and HOPA-2 Allocation Areas on parity with existing 2025A bonds.

Status
PENDING
Document date
July 23, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Lennar Homes of Indiana Llc
Agency
Town of Avon · IN

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $5,350,000 (principal)
Contract type
FINANCIAL_SERVICES
Contract term
Economic Development Revenue Bonds, Series 2026B, maturing no later than unspecified date in 20__
Renewal
This action supplements an existing financing structure that includes Series 2025A bonds, expanding funding for Phase II of the Lennar project under a First Supplemental Financing and Covenant Agreement and First Supplemental Trust Indenture.
Document type
AgendaPacket
Source document
Avon Town Council AgendaPacket 2026-07-23

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Avon?

Lennar Homes of Indiana Llc was awarded this financial services contract by Town of Avon, as recorded on July 23, 2026. The contract value is Not to exceed $5,350,000 (principal).

How much is the Lennar Homes of Indiana Llc contract with Town of Avon worth?

The Lennar Homes of Indiana Llc contract with Town of Avon is valued at Not to exceed $5,350,000 (principal), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Avon Town Council AgendaPacket 2026-07-23 (AgendaPacket), dated July 23, 2026 from Town of Avon. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Lennar Homes of Indiana Llc hold?

Lennar Homes of Indiana 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.

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What is Town of Avon currently buying?

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

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