FINANCIAL_SERVICESAMENDED

Merriam Amends TIF Deal for Chipotle Project

The City of Merriam approved an amendment to its Redevelopment Agreement with Merriam North Bell, LLC for the Chipotle project, reducing the maximum TIF reimbursement to $250,000 and extending the deadline to pay past-due Kmart property taxes. The amended agreement adds specified civic obligations over the TIF Project Term ending December 31, 2023.

Document date · June 13, 2022

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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
Maximum TIF reimbursement reduced from $300,000 to $250,000
Contract type
FINANCIAL_SERVICES
Contract term
TIF Project Term through December 31, 2023
Renewal date
2023-12-31
Renewal
Amendment extends the past-due tax payment deadline to August 15, 2022, reduces the maximum reimbursement, and imposes ongoing civic obligations through December 31, 2023. No automatic renewal beyond the stated TIF Project Term.
Document type
Minutes
Source document
city_council_meeting_minutes_june_13_2022.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 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 reduced from $300,000 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 reduced from $300,000 to $250,000, covering financial services work.

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_council_meeting_minutes_june_13_2022.pdf (Minutes), 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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