City of Florence Awards Financial Services Contract to County of Boone Kentucky (April 2021)
City of FlorenceCity · Florence, KY- Disclosed value
- Up to $44 million (maximum recoverable from City and County incremental revenues)
- From minutes
- Approved
- Apr 13, 2021
- Term
- Up to thirty (30) years
- Renews
- Free account
The 30-second brief
Through Ordinance O-3-21, Florence authorized a Local Development Area Agreement that includes the County of Boone, Kentucky in a shared TIF arrangement for the Marydale Local Development Area. County incremental tax revenues will contribute toward a combined cap of $44 million for reimbursement of public infrastructure costs over up to 30 years.
County of Boone Kentucky holds this financial services contract with City of Florence.
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $44 million (maximum recoverable from City and County incremental revenues)
- Document date
- April 13, 2021
- Term
- Up to thirty (30) years
- Renews
- On record
- Vendor
- County of Boone Kentucky
- Agency
- City of Florence
- Source document
- Florence City Council Business Meeting Minutes April 13 2021 (Minutes)
More City of Florence contracts
Questions about this contract
Who was awarded the financial services contract by City of Florence?
County of Boone Kentucky was awarded this financial services contract by City of Florence, as recorded on April 13, 2021. The contract value is Up to $44 million (maximum recoverable from City and County incremental revenues).
How much is the County of Boone Kentucky contract with City of Florence worth?
The County of Boone Kentucky contract with City of Florence is valued at Up to $44 million (maximum recoverable from City and County incremental revenues), covering financial services work.
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 Florence City Council Business Meeting Minutes April 13 2021 (Minutes), dated April 13, 2021 from City of Florence. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does County of Boone Kentucky hold?
County of Boone Kentucky 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 Florence currently buying?
Explore City of Florence's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.