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City of North Plains Awards Financial Services Contract to Stratus Development (September 2024)

City of North Plains
Approved
Sep 16, 2024
Term
7-year installment period

The 30-second brief

What it covers

North Plains approved a TDT Bancroft Installment Agreement allowing the business at 28925 NW West Union Road, represented by Stratus Development, to finance its Transportation Development Tax over a seven-year period. This arrangement structures tax payments associated with a 200,000 square foot industrial building.

Who holds it

Stratus Development holds this financial services contract with City of North Plains. Its other public contracts on record include work for Town of Leipzig and Town of North Plains.

What happens next

Term as filed: 7-year installment period.

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Contract details

Contract type
Financial Services
Document date
September 16, 2024
Term
7-year installment period
Vendor
Stratus Development
Agency
City of North Plains
Source document
city-of-north-plains-agenda-2024-09-16_7bc.pdf (Agenda)

Stratus Development's other public contracts

City of North Plains, OregonStratus Development Tax Incentive Approved for 7 years · Sep 3, 2024UndisclosedTown of Leipzig, North DakotaStratus Secures TDT Financing Agreement · Sep 3, 2024$1.3MTown of North Plains, MichiganStratus Development Secures $1.3M Bancroft Financing Agreement · Sep 3, 2024$133.1KTown of North Plains, MichiganStratus Development finances Transportation Development Tax · Sep 3, 2024UndisclosedTown of Leipzig, North DakotaStratus Development finances Transportation Development Tax · Sep 3, 2024UndisclosedAll Stratus Development contractsVendor profile

More City of North Plains contracts

3j ConsultingNorth Plains Plans New 3J Consulting Contract · Oct 14, 2026Undisclosed3j ConsultingNorth Plains Continues Municipal Work With 3J Consulting · Oct 14, 2026Undisclosed3j Consulting3J Consulting Continues North Plains Vision Plan · Oct 5, 2026Merina & CoNorth Plains Continues Merina Accounting Engagement · Oct 5, 2026UndisclosedGMPGMP Proposal Considered for North Plains Manager Search · Oct 5, 2026All City of North Plains activityAgency profile

Questions about this contract

Who was awarded the financial services contract by City of North Plains?

Stratus Development was awarded this financial services contract by City of North Plains, as recorded on September 16, 2024.

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-of-north-plains-agenda-2024-09-16_7bc.pdf (Agenda), dated September 16, 2024 from City of North Plains. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Stratus Development hold?

Stratus Development 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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What is City of North Plains currently buying?

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

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