FINANCIAL_SERVICESPENDING

City Plans TIF Incentives for Colton Event Center

Woodward plans to approve a development agreement with Colton Properties LLC for a new event center, offering up to $270,000 in tax increment-based property tax rebates. Payments will be made from incremental tax revenue in the 2026 Growth and Reinvestment Urban Renewal Area subject to annual appropriation.

Document date · August 10, 2026

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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
Not to exceed $270,000 (incremental property tax payments)
Contract type
FINANCIAL_SERVICES
Contract term
Annual appropriation tax increment payments; duration tied to event center TIF period
Renewal
Payments are subject to annual appropriation; agreement term aligns with TIF district duration. Specific end date not stated.
Document type
AgendaPacket
Source document
Woodward City Council AgendaPacket 2026-08-10

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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 Woodward?

Colton Properties Llc was awarded this financial services contract by City of Woodward, as recorded on August 10, 2026. The contract value is Not to exceed $270,000 (incremental property tax payments).

How much is the Colton Properties Llc contract with City of Woodward worth?

The Colton Properties Llc contract with City of Woodward is valued at Not to exceed $270,000 (incremental property tax payments), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Woodward City Council AgendaPacket 2026-08-10 (AgendaPacket), dated August 10, 2026 from City of Woodward. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Colton Properties Llc hold?

Colton 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.

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