Restad-Backed RJR LLC Property Included in TIF Plan

Developer Ryan Restad, through RJR LLC, is proposed to participate in the Sandhills 6th & 7th Addition fifteen-year TIF district to support infrastructure for an industrial project projected at $5 million in new value. The TIF plan would apply future tax increments toward district-wide improvements if approved by governing bodies.

Document date · November 2, 2023

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

15-year Tax Increment Financing (TIF) district term (for participating property)

Renewal

Participation tied to a proposed fixed fifteen-year TIF district term; no renewal or extension provisions are described.

Document type

AgendaPacket

Source document

City of West Fargo Economic Development Advisory Committee Agenda Packet 2023-11-02

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of West Fargo?

Restad, Ryan was awarded this financial services contract by City of West Fargo, as recorded on November 2, 2023.

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 City of West Fargo Economic Development Advisory Committee Agenda Packet 2023-11-02 (AgendaPacket), dated November 2, 2023 from City of West Fargo. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Restad, Ryan hold?

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