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City of Olathe Awards Financial Services Contract to Ace Properties LLC (December 2019)

City of Olathe logoCity of Olathe
Disclosed value
Not to exceed $1,700,000
From minutes
Approved
Dec 17, 2019

The 30-second brief

What it covers

The City Council approved Ordinance 19-84 authorizing issuance of up to $1.7 million in taxable industrial revenue bonds to Ace Properties LLC for construction of an 18,750 square-foot office and warehouse at 601 North Lindenwood. The IRB facilitates project financing through city-backed bonds.

Who holds it

Ace Properties LLC holds this financial services contract with City of Olathe. Its other public contracts on record include work for Town of Olathe.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $1,700,000
Document date
December 17, 2019
Vendor
Ace Properties LLC
Agency
City of Olathe
Source document
city_council_meeting_minutes_december_17_2019.pdf (Minutes)

Ace Properties LLC's other public contracts

Town of Olathe, KansasOlathe Approves Ace Properties Lease Assignment · Oct 6, 2026UndisclosedCity of Olathe, KansasAce Properties To Receive $1.7M IRB Financing · Dec 17, 2019City of Olathe, KansasCity Consents to IRB Benefit Assignment From Ace Properties · Aug 6, 2019UndisclosedCity of Olathe, KansasIRB benefits partially assigned from Ace Properties · Aug 6, 2019UndisclosedCity of Olathe, KansasAce Properties Seeks Builders Stone Site Plan · Mar 25, 2019UndisclosedAll Ace Properties LLC contractsVendor profile

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Questions about this contract

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

Ace Properties LLC was awarded this financial services contract by City of Olathe, as recorded on December 17, 2019. The contract value is Not to exceed $1,700,000.

How much is the Ace Properties LLC contract with City of Olathe worth?

The Ace Properties LLC contract with City of Olathe is valued at Not to exceed $1,700,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in city_council_meeting_minutes_december_17_2019.pdf (Minutes), dated December 17, 2019 from City of Olathe. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Ace Properties LLC hold?

Ace Properties 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.

What is City of Olathe currently buying?

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

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