CONTRACTAPPROVED

City of Milwaukee city Awards Financial Services Contract to Bmo Bank (July 2026)

Disclosed value: Ownership stake in $61 million Midtown Commons project; From minutes
Approved: Jul 16, 2026
Renews: Mar 2027; Free account

What it covers

Under TID No. 132, BMO Bank will own 99.99% of the Midtown Commons 200-unit affordable housing project, with Gorman & Company and One5 Olive managing the complex during a 15-year tax compliance period. The $61 million development is supported by a $3.95 million developer-financed TID.

Who holds it

Bmo Bank holds this financial services contract with City of Milwaukee city. Its other public contracts on record include work for Bensenville village (pt.) and City of Peoria.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Milwaukee city contract.

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Contract details

Contract type: Financial Services
Amount: Ownership stake in $61 million Midtown Commons project
Document date: July 16, 2026
Term: 15-year tax compliance period for ownership and operation
Renews: Free account
Vendor: Bmo Bank
Agency: City of Milwaukee city
Source document: City of Milwaukee Redevelopment Authority Meeting Minutes 2026-07-16 (Minutes)

Bmo Bank's other public contracts

Bensenville village (pt.), IllinoisPension Fund Records BMO Bank Fee Payments · Oct 23, 2026$39.2 City of Peoria, IllinoisBoard Reviews BMO Bank Pension Fund Reports · Oct 23, 2026Undisclosed Bensenville village (pt.), IllinoisPension Fund Updates BMO Signers and Pays Bank Fees · Oct 23, 2026 Glen Ellyn village, IllinoisPension Fund Pays BMO Bank Quarterly Fees · Oct 21, 2026$446.6 City of Sycamore city, IllinoisPension Fund Considers BMO Bank Signature Update · Oct 21, 2026Undisclosed All Bmo Bank contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of Milwaukee city?

Bmo Bank was awarded this financial services contract by City of Milwaukee city, as recorded on July 16, 2026. The contract value is Ownership stake in $61 million Midtown Commons project.

How much is the Bmo Bank contract with City of Milwaukee city worth?

The Bmo Bank contract with City of Milwaukee city is valued at Ownership stake in $61 million Midtown Commons project, 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 of Milwaukee Redevelopment Authority Meeting Minutes 2026-07-16 (Minutes), dated July 16, 2026 from City of Milwaukee city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Bmo Bank hold?

Bmo Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Milwaukee city currently buying?

Explore City of Milwaukee city's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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