CONTRACTRECOMMENDED

CRA Backs TIF Redevelopment With 15-Year Tax Return

City of Holdrege
Document date
Jun 15, 2026
Term
Fifteen- (15) year TIF period

The 30-second brief

What it covers

The Holdrege Community Redevelopment Authority approved and recommended Holdrege Restoration and Repair’s Redevelopment Plan and Redevelopment Contract, setting the future real property value at $400,000 with a 90% return of ad valorem taxes over a 15-year TIF period. CRA Resolution 2026-01 forwards the agreement to the Planning Commission and City Council for final approval.

Who holds it

Holdrege Restoration & Repair holds this contract with City of Holdrege. Its other public contracts on record include work for Holdrege Airport Authority.

What happens next

Term as filed: Fifteen- (15) year TIF period.

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Contract details

Document date
June 15, 2026
Term
Fifteen- (15) year TIF period
Vendor
Holdrege Restoration & Repair
Source document
Holdrege Community Redevelopment Authority Minutes 2026-06-15 (Minutes)

Holdrege Restoration & Repair's other public contracts

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Questions about this contract

Who was awarded the government contract by City of Holdrege?

Holdrege Restoration & Repair was awarded this government contract by City of Holdrege, as recorded on June 15, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Holdrege Community Redevelopment Authority Minutes 2026-06-15 (Minutes), dated June 15, 2026 from City of Holdrege. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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