FINANCIAL_SERVICESDISCUSSED

Developer seeks RHID and IRB support for Lincoln School

Michael D. Graham Investments, LLC has requested an RHID and related incentives from the City of Hays to help finance renovation of the former Lincoln School and construction of additional apartment units. The proposed structure would reimburse up to $4.3 million in eligible costs from projected RHID revenues of roughly $1.3 million over 25 years and include an IRB sales tax exemption.

Status
DISCUSSED
Document date
August 13, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Michael D. Graham Investments Llc
Agency
City of Hays · KS

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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
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
Approximately $1,325,000 in estimated RHID incremental revenues; up to $4,300,000 in estimated RHID-eligible costs
Contract type
FINANCIAL_SERVICES
Contract term
RHID term up to 25 years as outlined in the October 23, 2025 project overview
Renewal
Future Development Agreement and RHID ordinance will govern actual reimbursement cap and term; current term sheet anticipates a 25-year RHID pay-as-you-go arrangement.
Document type
Agenda
Source document
City of Hays Agenda 2026-08-13

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Hays?

Michael D. Graham Investments Llc was awarded this financial services contract by City of Hays, as recorded on August 13, 2026. The contract value is Approximately $1,325,000 in estimated RHID incremental revenues; up to $4,300,000 in estimated RHID-eligible costs.

How much is the Michael D. Graham Investments Llc contract with City of Hays worth?

The Michael D. Graham Investments Llc contract with City of Hays is valued at Approximately $1,325,000 in estimated RHID incremental revenues; up to $4,300,000 in estimated RHID-eligible costs, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Hays Agenda 2026-08-13 (Agenda), dated August 13, 2026 from City of Hays. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Michael D. Graham Investments Llc hold?

Michael D. Graham Investments 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 Hays currently buying?

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

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