City of Kearney Awards Financial Services Contract to Talmadge Jam Llc (August 2026)

The City of Kearney approved a tax-increment financing redevelopment project with Talmadge Jam, LLC for a 24-unit apartment complex at Younes Center Fourth Addition. The redevelopment contract will provide up to 15 years of 100% tax increment beginning in Tax Year 2027 to cover eligible project costs.

Document date · August 11, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Up to 15 years beginning with Tax Year 2027

Renewal date

2042-12-31

Renewal

TIF allocation runs for up to 15 years from the effective date identified in the redevelopment contract starting with Tax Year 2027; no standard renewal beyond statutory TIF term.

Document type

Minutes

Source document

City of Kearney Minutes Regular Meeting 2026-08-11

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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 Kearney?

Talmadge Jam Llc was awarded this financial services contract by City of Kearney, as recorded on August 11, 2026.

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 Kearney Minutes Regular Meeting 2026-08-11 (Minutes), dated August 11, 2026 from City of Kearney. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Talmadge Jam Llc hold?

Talmadge Jam 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.

View Talmadge Jam Llc's profile

What is City of Kearney currently buying?

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