OTHERPENDING

Farmington Considers Rose Community Development Reimbursement Plan

Farmington is considering a combined brownfield plan for Rose Community Development Company’s rehabilitation of Farmington Place. The proposed reimbursement arrangement covers up to $11.05 million in eligible activities over a 30-year tax increment capture period.

Document date · October 5, 2026

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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 $11,048,179 in estimated eligible activities; approximately $7,667,707 for capital improvements
Contract type
OTHER
Contract term
30 years beginning in 2028, or until eligible activities are fully reimbursed
Renewal date
2057-12-31
Renewal
The Brownfield Plan may be amended to fund additional eligible activities. Reimbursement continues for up to 30 years or until eligible activities are fully reimbursed.
Document type
AgendaPacket
Source document
City of Farmington AgendaPacket Regular City Council Meeting 2026-10-05

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Farmington?

Rose Community Development Company Llc was awarded this government contract by City of Farmington, as recorded on October 5, 2026. The contract value is Up to $11,048,179 in estimated eligible activities; approximately $7,667,707 for capital improvements.

How much is the Rose Community Development Company Llc contract with City of Farmington worth?

The Rose Community Development Company Llc contract with City of Farmington is valued at Up to $11,048,179 in estimated eligible activities; approximately $7,667,707 for capital improvements.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Farmington AgendaPacket Regular City Council Meeting 2026-10-05 (AgendaPacket), dated October 5, 2026 from City of Farmington. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Rose Community Development Company Llc hold?

Rose Community Development Company 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 Rose Community Development Company Llc's profile

What is City of Farmington currently buying?

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

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