CONTRACTTERMINATED

City Ends Unused Jones District Tax Incentive Agreement

City of Centennial logoCity of Centennial
Disclosed value
Up to $9.5 million in construction use tax reimbursements (never utilized)
From agenda
Document date
Dec 2, 2025

The 30-second brief

What it covers

Centennial plans to terminate its development incentive and escrow agreement with The Jones District, L.L.C., which authorized up to $9.5 million in construction use tax reimbursements but was never utilized due to lack of qualifying projects. The mutual termination will become effective with adoption of Resolution 2025-R-56 on December 2, 2025.

Who holds it

Jones District LLC holds this financial services contract with City of Centennial. Its other public contracts on record include work for Jones District Community Authority Board.

What happens next

Term as filed: Agreement approved 2014, amended and restated November 18, 2019; terminated effective December 2, 2025.

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Contract details

Contract type
Financial Services
Amount
Up to $9.5 million in construction use tax reimbursements (never utilized)
Document date
December 2, 2025
Term
Agreement approved 2014, amended and restated November 18, 2019; terminated effective December 2, 2025
Source document
Centennial Regular City Council Meeting Agenda 2025-12-02 (Agenda)

Jones District LLC's other public contracts

More City of Centennial contracts

Questions about this contract

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

Jones District LLC was awarded this financial services contract by City of Centennial, as recorded on December 2, 2025. The contract value is Up to $9.5 million in construction use tax reimbursements (never utilized).

How much is the Jones District LLC contract with City of Centennial worth?

The Jones District LLC contract with City of Centennial is valued at Up to $9.5 million in construction use tax reimbursements (never utilized), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Centennial Regular City Council Meeting Agenda 2025-12-02 (Agenda), dated December 2, 2025 from City of Centennial. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Jones District LLC hold?

Jones District LLC 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 Centennial currently buying?

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

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