City of Bellevue Awards Financial Services Contract to Great Lakes Capital (July 2025)
- Disclosed value
- Approximately $28,000,000 project; Requesting $1,500,000 from the city
- From minutes
- Approved
- Jul 15, 2025
The 30-second brief
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.
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.
Term as filed: Approximately 12 years projected payoff for city funds.
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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
- Vendor
- Great Lakes Capital
- Agency
- City of Bellevue
- 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.
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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.