City Continues 60 West TIF Deal With Developer
City of Sikeston cityCity · MO- Disclosed value
- $800,000.00 (maximum approved reimbursable costs)
- From agenda
- Document date
- Jan 4, 2021
The 30-second brief
The City of Sikeston continues its redevelopment agreement with Sikeston Development Co., LLC for the 60 West TIF District, including reimbursement of up to $800,000 in certified project costs plus 4.5% annual interest. TIF revenues are shared between the City and the developer according to a fixed formula tied to roadway and infrastructure improvements.
Sikeston Development Co LLC holds this contract with City of Sikeston city. Its other public contracts on record include work for City of Sykeston and City of Sikeston.
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Contract details
- Amount
- $800,000.00 (maximum approved reimbursable costs)
- Document date
- January 4, 2021
- Agency
- City of Sikeston city
- Source document
- city-of-sikeston-tentative-agenda-for-january-4-2021-meeting_67e.pdf (Agenda)
Sikeston Development Co LLC's other public contracts
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Questions about this contract
Who was awarded the government contract by City of Sikeston city?
Sikeston Development Co LLC was awarded this government contract by City of Sikeston city, as recorded on January 4, 2021. The contract value is $800,000.00 (maximum approved reimbursable costs).
How much is the Sikeston Development Co LLC contract with City of Sikeston city worth?
The Sikeston Development Co LLC contract with City of Sikeston city is valued at $800,000.00 (maximum approved reimbursable costs).
What type of contract is this?
This is a government contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city-of-sikeston-tentative-agenda-for-january-4-2021-meeting_67e.pdf (Agenda), dated January 4, 2021 from City of Sikeston city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Sikeston Development Co LLC hold?
Sikeston Development Co 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 Sikeston city currently buying?
Explore City of Sikeston city's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.