Merriam Amends TIF Deal for Chipotle Project | City of Merriam | MERRIAM NORTH BELL LLC

Scope & details

The full contract record, as filed.

Contract amount

Maximum TIF reimbursement $300,000 (proposed to be reduced to $250,000)

Contract type

FINANCIAL_SERVICES

Contract term

Project Plan Term through December 1, 2023; TIF Project Term as defined in Section 402.1

Renewal date

2023-12-01

Renewal

Original agreement set a Project Plan Term expiring December 1, 2023, with Maximum Reimbursement Amount of $300,000 and conditions including tax payment and operational deadlines; the proposed amendment (Option C) extends the past-due tax payment date to July 13, 2022, lowers the Maximum Reimbursement Amount to $250,000, and adds ongoing annual civic obligations for the duration of the TIF Project Term. If the Chipotle restaurant is not operational by December 1, 2023, reimbursement is reduced to $0 and previously paid installments must be repaid by January 31, 2024, subject to limited force majeure extensions.

Document type

Agenda

Source document

city_council_agenda_june_13_2022.pdf

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The City of Lee's Summit Agenda Finance and Budget Committee Meeting 2026-09-15

APPROVED

City of Lee's Summit, MissouriSep 14, 2026

city_of_lees_summit_city_council_regular_session_f.pdf

PENDING

City of Green Ridge, MissouriNov 4, 2025

city_of_merriam_kansas_2024_annual_budget.pdf

ONGOING

City of Merriam, KansasJan 1, 2024

city_council_agenda_june_27_2022.pdf

AMENDED

City of Merriam, KansasJun 27, 2022

city_council_meeting_minutes_june_13_2022.pdf

AMENDED

City of Merriam, KansasMaximum TIF reimbursement reduced from $300,000 to $250,000Jun 13, 2022

Frequently asked questions

Common questions about this contract, answered from the record.

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

Merriam North Bell Llc was awarded this financial services contract by City of Merriam, as recorded on June 13, 2022. The contract value is Maximum TIF reimbursement $300,000 (proposed to be reduced to $250,000).

How much is the Merriam North Bell Llc contract with City of Merriam worth?

The Merriam North Bell Llc contract with City of Merriam is valued at Maximum TIF reimbursement $300,000 (proposed to be reduced to $250,000), 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 city_council_agenda_june_13_2022.pdf (Agenda), dated June 13, 2022 from City of Merriam. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Merriam North Bell Llc hold?

Merriam North Bell 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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