FINANCIAL_SERVICESPENDING

City Considers TIF Assistance for Yellow Tree Project

Yellow Tree is seeking TIF assistance from the City of Crystal to build a 5-story, 178-unit market-rate apartment building on the Wells Fargo site at 7000 56th Ave. N. The proposed arrangement includes a 25-year TIF district with 10 years of increment dedicated to a pay-as-you-go note to the developer.

Document date · March 17, 2026

Track City of Crystal contracts

Get alerts when new contracts are awarded or existing ones approach renewal at City of Crystal.

Get started free

Create a free account · no credit card

Trusted by 200+ enterprise customers and 1,000+ teams on the free plan

Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
25-year TIF district; 10-year pay-as-you-go note to developer
Renewal date
2051-12-31
Renewal
TIF District No. 6 would run for up to 25 years, while the developer’s pay-as-you-go assistance is limited to 10 years of increment; district decertification or continued use of increment will be decided after obligations are satisfied.
Document type
AgendaPacket
Source document
City of Crystal AgendaPacket City Council Meeting March 17, 2026

Related contracts

Other contracts from Yellow Tree.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

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

Yellow Tree was awarded this financial services contract by City of Crystal, as recorded on March 17, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Crystal AgendaPacket City Council Meeting March 17, 2026 (AgendaPacket), dated March 17, 2026 from City of Crystal. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Yellow Tree hold?

Yellow Tree may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Yellow Tree's profile

What is City of Crystal currently buying?

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

View City of Crystal's profile