Kesler Mill Plan Includes Fee to Development Finance Initiative
City of SalisburyCity · Salisbury, NC- Disclosed value
- 1% development services fee (tied to project costs)
- From minutes
- Document date
- Jun 16, 2026
The 30-second brief
The Kesler Mill redevelopment framework includes a 1% development services fee to the Development Finance Initiative for advisory work on the project’s structure and financing. This fee is embedded in the Memorandum of Understanding with Self Help and DreamKey Partners.
Development Finance Initiative holds this consulting contract with City of Salisbury. Its other public contracts on record include work for Town of Garner and Town of Franklin.
Term as filed: Linked to Kesler Mill redevelopment evaluation and development timeline; specific dates not provided.
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Contract details
- Contract type
- Consulting
- Amount
- 1% development services fee (tied to project costs)
- Document date
- June 16, 2026
- Term
- Linked to Kesler Mill redevelopment evaluation and development timeline; specific dates not provided
- Agency
- City of Salisbury
- Source document
- Salisbury City Council Minutes 2026-06-16 (Minutes)
Development Finance Initiative's other public contracts
More City of Salisbury contracts
Questions about this contract
Who was awarded the consulting contract by City of Salisbury?
Development Finance Initiative was awarded this consulting contract by City of Salisbury, as recorded on June 16, 2026. The contract value is 1% development services fee (tied to project costs).
How much is the Development Finance Initiative contract with City of Salisbury worth?
The Development Finance Initiative contract with City of Salisbury is valued at 1% development services fee (tied to project costs), covering consulting work.
What type of contract is this?
This is a Consulting contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Salisbury City Council Minutes 2026-06-16 (Minutes), dated June 16, 2026 from City of Salisbury. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Development Finance Initiative hold?
Development Finance Initiative 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 Salisbury currently buying?
Explore City of Salisbury's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.