CONTRACTAMENDED

Amended TID #9 Redevelopment Agreement with New Land

City of Glendale
Disclosed value
Up to $24,549,365 (maximum TIF reimbursement cap)
From agenda
Document date
Mar 10, 2025
Renews
Free account

The 30-second brief

What it covers

Glendale is considering approval of an amended redevelopment agreement with New Land Construction for TID #9 at 2510 West Good Hope Road. The pay-as-you-go TIF deal could reimburse up to $24.55 million in qualified environmental and project costs over the life of the district, with performance guarantees and clawback provisions.

Who holds it

New Land Construction holds this facilities contract with City of Glendale. Its other public contracts on record include work for Town of Glendale.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Glendale contract.

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Contract details

Contract type
Facilities
Amount
Up to $24,549,365 (maximum TIF reimbursement cap)
Document date
March 10, 2025
Term
Through TID #9 life, expected to 2053; project completion by June 30, 2027 (with one-year extension option)
Renews
Free account
Source document
glendale-common-council-agenda-road-alley-drainageway-projects-tifs-mar-10-2025_d8d.md (Agenda)

New Land Construction's other public contracts

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Questions about this contract

Who was awarded the facilities contract by City of Glendale?

New Land Construction was awarded this facilities contract by City of Glendale, as recorded on March 10, 2025. The contract value is Up to $24,549,365 (maximum TIF reimbursement cap).

How much is the New Land Construction contract with City of Glendale worth?

The New Land Construction contract with City of Glendale is valued at Up to $24,549,365 (maximum TIF reimbursement cap), covering facilities work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in glendale-common-council-agenda-road-alley-drainageway-projects-tifs-mar-10-2025_d8d.md (Agenda), dated March 10, 2025 from City of Glendale. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does New Land Construction hold?

New Land Construction 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 Glendale currently buying?

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

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