CONTRACTAPPROVED

City of Bellevue Awards Financial Services Contract to Great Lakes Capital (July 2025)

City of Bellevue logoCity of Bellevue
Disclosed value
Approximately $28,000,000 project; Requesting $1,500,000 from the city
From minutes
Approved
Jul 15, 2025

The 30-second brief

What it covers

The Bellevue City Council approved Resolution No. 2025-13, endorsing the Redevelopment Plan for Lot 6, Tiller's 4th Addition with Great Lakes Capital as the developer. The roughly $28 million affordable housing project leverages tax credits, TIF-eligible expenses, and NIFA bonds, including a request for $1.5 million in city assistance to be repaid over approximately 12 years.

Who holds it

Great Lakes Capital holds this financial services contract with City of Bellevue. Its other public contracts on record include work for Utah Olene Walker Housing Loan Fund Board | State of Utah and Town of Lincoln charter.

What happens next

Term as filed: Approximately 12 years projected payoff for city funds.

See who decides the next one before it's bid.

Get pre-RFPs free

Free account · 30-second setup · No credit card

Contract details

Contract type
Financial Services
Amount
Approximately $28,000,000 project; Requesting $1,500,000 from the city
Document date
July 15, 2025
Term
Approximately 12 years projected payoff for city funds
Source document
Bellevue City Council Minutes July 15, 2025 (Minutes)

Great Lakes Capital's other public contracts

More City of Bellevue contracts

Questions about this contract

Who was awarded the financial services contract by City of Bellevue?

Great Lakes Capital was awarded this financial services contract by City of Bellevue, as recorded on July 15, 2025. The contract value is Approximately $28,000,000 project; Requesting $1,500,000 from the city.

How much is the Great Lakes Capital contract with City of Bellevue worth?

The Great Lakes Capital contract with City of Bellevue is valued at Approximately $28,000,000 project; Requesting $1,500,000 from the city, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Bellevue City Council Minutes July 15, 2025 (Minutes), dated July 15, 2025 from City of Bellevue. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Great Lakes Capital hold?

Great Lakes Capital 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 Bellevue currently buying?

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

Work in government? Get Civic IQ free →