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Jeffersonville Discusses Revenue Agreement With River Ridge

Jeffersonville officials discussed a negotiated agreement with River Ridge expected to provide approximately $1.7 million, plus about $300,000 retained from an existing lease service agreement. The agreement was treated as guaranteed revenue for the proposed 2026 budget, although no formal approval vote appears in the minutes.

Document date · October 6, 2025

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WithersRavenel logo
Derivita logo
Comcate logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
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WithersRavenel logo
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Scope & details

The full contract record, as filed.

Contract amount
Approximately $1.7 million, plus approximately $300,000 retained from the existing lease service agreement; approximately $2 million net
Contract type
OTHER
Renewal
The minutes indicate that a longer-term agreement may be developed in the future, with River Ridge's financial advisor expected to provide additional figures.
Document type
Minutes
Source document
City of Jeffersonville Minutes Special Meeting Minutes 2025-10-06

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Jeffersonville?

River Ridge was awarded this government contract by City of Jeffersonville, as recorded on October 6, 2025. The contract value is Approximately $1.7 million, plus approximately $300,000 retained from the existing lease service agreement; approximately $2 million net.

How much is the River Ridge contract with City of Jeffersonville worth?

The River Ridge contract with City of Jeffersonville is valued at Approximately $1.7 million, plus approximately $300,000 retained from the existing lease service agreement; approximately $2 million net.

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 City of Jeffersonville Minutes Special Meeting Minutes 2025-10-06 (Minutes), dated October 6, 2025 from City of Jeffersonville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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