FINANCIAL_SERVICESONGOING

Elkhorn Approves $15.9 Million Neumann Development Incentive

Elkhorn agreed to provide Neumann Development up to $15.9 million in Tax Incremental District incentives for the Sugar Creek Ridge project. The incentives will be paid through approximately ten 0% interest Municipal Revenue Obligations over the 2025–2046 period.

Document date · September 17, 2026

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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 amount
Up to $15,914,704 in development incentives
Contract type
FINANCIAL_SERVICES
Contract term
2025–2046; estimated ten Municipal Revenue Obligations issued through six development phases
Renewal date
2046-12-31
Renewal
Pay-As-You-Go incentive structure tied to annual tax increments; approximately ten Municipal Revenue Obligations are expected across six development phases. The plan states that each obligation is paid from project-generated incremental revenue before the next is awarded.
Document type
AgendaPacket
Source document
City of Elkhorn AgendaPacket Architectural Review Board and City Plan Commission Meeting 2026-09-17

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Neumann Development was awarded this financial services contract by City of Elkhorn, as recorded on September 17, 2026. The contract value is Up to $15,914,704 in development incentives.

How much is the Neumann Development contract with City of Elkhorn worth?

The Neumann Development contract with City of Elkhorn is valued at Up to $15,914,704 in development incentives, covering financial services work.

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 Elkhorn AgendaPacket Architectural Review Board and City Plan Commission Meeting 2026-09-17 (AgendaPacket), dated September 17, 2026 from City of Elkhorn. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Neumann Development hold?

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

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