CONTRACTAPPROVED

City of Credit River Awards $550,000 Development Agreement Contract to Ranch Credit River (November 2025)

City of Credit River
Disclosed value
$550,000
From agenda
Approved
Nov 17, 2025

The 30-second brief

What it covers

The Ranch of Credit River Developer approved a Letter of Credit reduction to $550,000 reflecting 125% of the estimated $440,000 remaining construction costs.

Who holds it

Ranch Credit River holds this development agreement contract with City of Credit River.

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Contract details

Contract type
Development Agreement
Amount
$550,000
Document date
November 17, 2025
Term
NA
Source document
city_council_meeting_agenda_november_2025.pdf (Agenda)

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Questions about this contract

Who was awarded the development agreement contract by City of Credit River?

Ranch Credit River was awarded this development agreement contract by City of Credit River, as recorded on November 17, 2025. The contract value is $550,000.

How much is the Ranch Credit River contract with City of Credit River worth?

The Ranch Credit River contract with City of Credit River is valued at $550,000, covering development agreement work.

What type of contract is this?

This is a Development Agreement contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city_council_meeting_agenda_november_2025.pdf (Agenda), dated November 17, 2025 from City of Credit River. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Ranch Credit River hold?

Ranch Credit River 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 Credit River currently buying?

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

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