FINANCIAL_SERVICESAPPROVED

City of Lafayette Awards $333,221 Financial Services Contract to Tate Holdings Llc (October 2024)

LURA approved an Economic Development Agreement with Tate Holdings LLC to provide a $333,221 construction loan for renovating 801 S Public Road into a restaurant for Kalita Grill and completing site improvements. The ten-year loan, bearing 5% interest, will be forgiven at maturity if the owner fulfills project warranties and lease obligations.

Document date · October 8, 2024

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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
$333,221
Contract type
FINANCIAL_SERVICES
Contract term
Loan term ends on the tenth anniversary of the funding date
Renewal
Loan term is ten years from funding date with forgiveness of principal and interest at maturity if warranties are not breached; parking lot lease runs for 10 years and will not auto-renew.
Document type
Agenda
Source document
lafayette_urban_renewal_meeting_agenda_october_8_2.pdf

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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 Lafayette?

Tate Holdings Llc was awarded this financial services contract by City of Lafayette, as recorded on October 8, 2024. The contract value is $333,221.

How much is the Tate Holdings Llc contract with City of Lafayette worth?

The Tate Holdings Llc contract with City of Lafayette is valued at $333,221, 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 lafayette_urban_renewal_meeting_agenda_october_8_2.pdf (Agenda), dated October 8, 2024 from City of Lafayette. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Tate Holdings Llc hold?

Tate Holdings 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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