City of Goshen Awards Financial Services Contract to Cherry Creek (August 2024)
City of GoshenCity · Goshen, IN- Disclosed value
- $24,000,000 (projected bond authorization); first series $11,000,000
- From minutes
- Approved
- Aug 26, 2024
- Renews
- Free account
The 30-second brief
The Goshen Common Council approved on First Reading Ordinance 5195 authorizing up to $24 million in taxable Economic Development Revenue Bonds, with an initial $11 million series, to finance public infrastructure for the Cherry Creek housing project. The Indiana Finance Authority will purchase the bonds, which the Cherry Creek developer will repay over a 20‑year residential TIF period backed by a Minimum Taxpayer Agreement.
Cherry Creek holds this financial services contract with City of Goshen. Its other public contracts on record include work for City of Mankato and Village of Sherman.
The renewal date is on record. A free account shows it, with the renewals for every City of Goshen contract.
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Contract details
- Contract type
- Financial Services
- Amount
- $24,000,000 (projected bond authorization); first series $11,000,000
- Document date
- August 26, 2024
- Term
- Residential TIF reimbursement for 20 years (bond term to be corrected from 25 to 20 years)
- Renews
- Free account
- Vendor
- Cherry Creek
- Agency
- City of Goshen
- Source document
- city-of-goshen-common-council-meeting-minutes-august-26-2024_b3d.pdf (Minutes)
Cherry Creek's other public contracts
More City of Goshen contracts
Questions about this contract
Who was awarded the financial services contract by City of Goshen?
Cherry Creek was awarded this financial services contract by City of Goshen, as recorded on August 26, 2024. The contract value is $24,000,000 (projected bond authorization); first series $11,000,000.
How much is the Cherry Creek contract with City of Goshen worth?
The Cherry Creek contract with City of Goshen is valued at $24,000,000 (projected bond authorization); first series $11,000,000, 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 city-of-goshen-common-council-meeting-minutes-august-26-2024_b3d.pdf (Minutes), dated August 26, 2024 from City of Goshen. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Cherry Creek hold?
Cherry Creek 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 Goshen currently buying?
Explore City of Goshen's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.