Ideal Foods seeks CRA-backed loan and subsidy
- Disclosed value
- $1M interest free loan
- From minutes
- Document date
- Sep 30, 2021
The 30-second brief
The Central CRA discussed a proposal for Ideal Foods to open a 25,000 square foot grocery store at the Minnie Lee Rogers site, contingent on a $1M interest-free loan from the City of Bradenton and a CRA-funded rent subsidy. Final terms and approval are expected to be considered at the CRA Board meeting on October 13, 2021.
Ideal Foods holds this financial services contract with City of Bradenton. Its other public contracts on record include work for Housing Authority of the city of Inglewood and Inglewood village.
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Contract details
- Contract type
- Financial Services
- Amount
- $1M interest free loan
- Document date
- September 30, 2021
- Vendor
- Ideal Foods
- Agency
- City of Bradenton
- Source document
- Central CRA Advisory Board Meeting Minutes September 2021 (Minutes)
Ideal Foods's other public contracts
More City of Bradenton contracts
Questions about this contract
Who was awarded the financial services contract by City of Bradenton?
Ideal Foods was awarded this financial services contract by City of Bradenton, as recorded on September 30, 2021. The contract value is $1M interest free loan.
How much is the Ideal Foods contract with City of Bradenton worth?
The Ideal Foods contract with City of Bradenton is valued at $1M interest free loan, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Central CRA Advisory Board Meeting Minutes September 2021 (Minutes), dated September 30, 2021 from City of Bradenton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Ideal Foods hold?
Ideal Foods 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 Bradenton currently buying?
Explore City of Bradenton's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.