Housing Authority reviews IndiBuild ground lease option | City of Fruita | INDIBUILD LLC

Scope & details

The full contract record, as filed.

Contract type

FACILITIES

Contract term

Ground Lease Option Agreement entered January 2026; exclusive option currently expires at year-end 2026 with possible one-year extension at FHA’s discretion; two-year extension requested at this meeting

Renewal date

2026-12-31

Renewal

Original option expires at year-end 2026 with a possible one-year extension at the Authority’s discretion; IndiBuild requested a two-year extension to allow multiple LIHTC application cycles and continue project predevelopment.

Document type

Minutes

Source document

Fruita City Council Minutes 2026-08-04

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City of Fruita AgendaPacket Council Meeting 2026-09-01

AMENDED

City of Fruita, ColoradoSep 1, 2026

City of Fruita Agenda City Council Regular Meeting 2026-08-04

PENDING

City of Fruita, ColoradoAug 2, 2026

City of Fruita City Council Agenda February 3 2026

REJECTED

City of Fruita, Colorado$2,000 upon execution, plus option renewal paymentsFeb 3, 2026

City of Fruita City Council Regular Meeting Agenda February 2026

REJECTED

City of Fruita, Colorado$2,000 initial option payment (with escalating renewal payments)Feb 3, 2026

Fruita City Council Minutes January 2026

APPROVED

City of Fruita, ColoradoOption payments (undisclosed) per Ground Lease Option AgreementJan 6, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by City of Fruita?

Indibuild Llc was awarded this facilities contract by City of Fruita, as recorded on August 4, 2026.

What type of contract is this?

This is a Facilities contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Fruita City Council Minutes 2026-08-04 (Minutes), dated August 4, 2026 from City of Fruita. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Indibuild Llc hold?

Indibuild 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.

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What is City of Fruita currently buying?

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