Duluth Reviews SODO Bexley TAD Agreement Amendment

The City of Duluth discussed amending its 2019 development agreement with The Residential Group LLC, originally established for TAD fund reimbursement on the SODO (Bexley) project. The amendment would reflect a proposed discounted lump sum payment by the assignee to terminate the City's annual reimbursement obligation, subject to future Council approval.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Development agreement executed in 2019; ongoing TAD reimbursement obligation subject to proposed lump-sum buyout

Renewal

Original development agreement executed in 2019 for ongoing TAD reimbursement; current discussion centers on terminating annual payments via a one-time discounted lump sum payment by the assignee. No specific renewal or extension terms were detailed in the minutes.

Document type

Minutes

Source document

city-of-duluth-mayor-and-council-work-session-minutes-2024-01-22_cd6.pdf

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City of Dallas Agenda Packet 2026-08-03

APPROVED

City of Dallas, GeorgiaFee waivers not to exceed $1,500,000.00Aug 3, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

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

The Residential Group Llc was awarded this financial services contract by City of Duluth, as recorded on January 22, 2024.

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 city-of-duluth-mayor-and-council-work-session-minutes-2024-01-22_cd6.pdf (Minutes), dated January 22, 2024 from City of Duluth. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does The Residential Group Llc hold?

The Residential Group 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.

View The Residential Group Llc's profile

What is City of Duluth currently buying?

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