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City of Sparkman Awards $1,200,000 Loan Contract to K Herman Development (April 2025)

City of Sparkman
Disclosed value
$1,200,000
From meeting minutes
Approved
Apr 7, 2025

The 30-second brief

What it covers

City approves $1,200,000 loan agreement with K Herman Development LLC for two workforce housing development projects, supporting community development efforts.

Who holds it

K Herman Development holds this loan contract with City of Sparkman. Its other public contracts on record include work for City of Madison and City of Schuyler.

See who signed off on this $1.2M contract.

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Contract details

Contract type
Loan
Amount
$1,200,000
Document date
April 7, 2025
Term
NA
Vendor
K Herman Development
Agency
City of Sparkman
Source document
city-of-sparkman-meeting-minutes-2025-04-07_705.pdf (Meeting Minutes)

K Herman Development's other public contracts

City of Madison, NebraskaMadison Approves South Ingram Lot Sale To Developer · Apr 16, 2026City of Madison, NebraskaMadison Approves Sale Of Six Lots To Developer · Apr 8, 2026City of Madison, NebraskaMadison Considers Six-Lot Sale to K. Herman Development · Apr 8, 2026City of Schuyler, NebraskaK. Herman Development LB840 Loan Disbursed · Dec 16, 2025$100KCity of Schuyler, NebraskaK. Herman Development LB840 Loan Approved · Dec 16, 2025$100KAll K Herman Development contractsVendor profile

More City of Sparkman contracts

City of ColumbusCITY OF COLUMBUS water and sewer services contract · Dec 16, 2025$163.3Front Line Mobile HealthFRONT LINE MOBILE HEALTH awarded $1,500.00 health services contract · Dec 16, 2025$1.5KSirius ComputerSIRIUS COMPUTER SOLUTIONS Cisco SmartNet maintenance contract · Dec 16, 2025$856.2Nebraska Library CommissionNEBRASKA LIBRARY COMMISSION awarded $1,598.00 digital license contract · Dec 16, 2025$1.6KColumbus PlumbingCOLUMBUS PLUMBING COMPANY awarded $106.75 plumbing supplies contract · Dec 16, 2025$106.8All City of Sparkman activityAgency profile

Questions about this contract

Who was awarded the loan contract by City of Sparkman?

K Herman Development was awarded this loan contract by City of Sparkman, as recorded on April 7, 2025. The contract value is $1,200,000.

How much is the K Herman Development contract with City of Sparkman worth?

The K Herman Development contract with City of Sparkman is valued at $1,200,000, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in city-of-sparkman-meeting-minutes-2025-04-07_705.pdf (Meeting Minutes), dated April 7, 2025 from City of Sparkman. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does K Herman Development hold?

K Herman 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 City of Sparkman currently buying?

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

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