FINANCIAL_SERVICESPENDING

Kokomo Considers $1.2 Million St. Joan Financing

Kokomo is considering final approval of financing documents with St. Joan Apartments LLC for the St. Joan Apartments Project. Ordinance No. 7251 authorizes a forgivable loan of up to $1.2 million, funded with TIF revenues and maturing within five years unless forgiven under the agreement.

Document date · September 28, 2026

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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
Not to exceed $1,200,000
Contract type
FINANCIAL_SERVICES
Contract term
Matures no later than five years from the date of delivery; payment may be forgiven under the Loan Agreement if the forgiveness condition is met
Renewal
No renewal option is stated. The note may be forgiven after five years if the Loan Agreement’s conditions are satisfied.
Document type
AgendaPacket
Source document
Kokomo City Council AgendaPacket September 28, 2026

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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 Kokomo?

St. Joan Apartments Llc was awarded this financial services contract by City of Kokomo, as recorded on September 28, 2026. The contract value is Not to exceed $1,200,000.

How much is the St. Joan Apartments Llc contract with City of Kokomo worth?

The St. Joan Apartments Llc contract with City of Kokomo is valued at Not to exceed $1,200,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Kokomo City Council AgendaPacket September 28, 2026 (AgendaPacket), dated September 28, 2026 from City of Kokomo. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does St. Joan Apartments Llc hold?

St. Joan Apartments 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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