City of Longmont Awards Financial Services Contract to Boulder County (August 2026)

The Longmont Urban Renewal Authority approved a Tax Increment Revenue Agreement with Boulder County for the 1st and Main Urban Renewal Plan Area. Under the 25-year arrangement, Boulder County commits a share of property tax increment to fund public improvements while specified health and human services mill levies are remitted back to the County.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

25 years

Renewal date

2052-12-31

Renewal

Agreement duration aligned to the 25-year TIF period; County increment is shared until either the TIF duration expires or all Authority bonds and indebtedness for improvements are repaid. Agreement may be amended by mutual written instrument and contemplates potential future mill levy changes.

Document type

AgendaPacket

Source document

Longmont Urban Renewal Authority AgendaPacket 1st and Main Urban Renewal Plan 2026-08-18

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Longmont?

Boulder County was awarded this financial services contract by City of Longmont, as recorded on August 18, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Longmont Urban Renewal Authority AgendaPacket 1st and Main Urban Renewal Plan 2026-08-18 (AgendaPacket), dated August 18, 2026 from City of Longmont. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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