FINANCIAL_SERVICESAPPROVED

City of Sandy Springs Awards Financial Services Contract to North River Apartments Owner Llc (August 2026)

The Sandy Springs Development Authority authorized up to $110 million in taxable revenue bonds for the North River Apartments Owner, LLC project, using bond proceeds to finance a multifamily housing development structured with a lease and property tax incentive. The company will lease the project from the Authority and guarantee repayment under a Guaranty Agreement.

Status
APPROVED
Document date
August 26, 2026
Contract type
FINANCIAL_SERVICES
Vendor
North River Apartments Owner Llc
Agency
City of Sandy Springs · GA

Trusted by teams at

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
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 aggregate principal amount of $110,000,000 in taxable revenue bonds
Contract type
FINANCIAL_SERVICES
Contract term
Bonds to mature on December 1, 2038; lease term and related incentive period governed by Lease Agreement and Memoranda executed in 2026
Renewal date
2038-12-01
Renewal
The Series 2026 bonds mature December 1, 2038, with no automatic renewal; related lease and incentive agreements may include option and purchase provisions rather than renewals. Any future bond refunding would require separate approval.
Document type
AgendaPacket
Source document
Sandy Springs Development Authority Agenda Packet 2026-08-26

Related contracts

Other contracts from North River Apartments Owner Llc.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Sandy Springs?

North River Apartments Owner Llc was awarded this financial services contract by City of Sandy Springs, as recorded on August 26, 2026. The contract value is Maximum aggregate principal amount of $110,000,000 in taxable revenue bonds.

How much is the North River Apartments Owner Llc contract with City of Sandy Springs worth?

The North River Apartments Owner Llc contract with City of Sandy Springs is valued at Maximum aggregate principal amount of $110,000,000 in taxable revenue bonds, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Sandy Springs Development Authority Agenda Packet 2026-08-26 (AgendaPacket), dated August 26, 2026 from City of Sandy Springs. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does North River Apartments Owner Llc hold?

North River Apartments Owner 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.

View North River Apartments Owner Llc's profile

What is City of Sandy Springs currently buying?

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

View City of Sandy Springs's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free