CONTRACTAPPROVED

Coventry Housing Authority Awards Financial Services Contract to Starr Resolute LLC (July 2026)

Coventry Housing Authority
Disclosed value
Not to exceed $525,000 for traffic signal reimbursement; stabilized tax payments per TSA schedule (approx. $10,781,864 over 12 years based on $80M value)
From agendapacket
Approved
Jul 28, 2026

The 30-second brief

What it covers

The Coventry Town Council approved a Tax Stabilization Agreement with Starr Resolute LLC for the multifamily housing project on Assessor’s Plat 14, Lot 1, fixing property tax payments over a 12‑year period in exchange for up to $525,000 in traffic signal reimbursement. The agreement is intended to support housing development while expanding the tax base under a predictable payment schedule.

Who holds it

Starr Resolute LLC holds this financial services contract with Coventry Housing Authority.

What happens next

Term as filed: Stabilization Period of 12 years from Construction Completion Date; optional extension after 11th anniversary.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $525,000 for traffic signal reimbursement; stabilized tax payments per TSA schedule (approx. $10,781,864 over 12 years based on $80M value)
Document date
July 28, 2026
Term
Stabilization Period of 12 years from Construction Completion Date; optional extension after 11th anniversary
Source document
Coventry Town Council Agenda Packet 2026-07-28 (AgendaPacket)

More Coventry Housing Authority contracts

Questions about this contract

Who was awarded the financial services contract by Coventry Housing Authority?

Starr Resolute LLC was awarded this financial services contract by Coventry Housing Authority, as recorded on July 28, 2026. The contract value is Not to exceed $525,000 for traffic signal reimbursement; stabilized tax payments per TSA schedule (approx. $10,781,864 over 12 years based on $80M value).

How much is the Starr Resolute LLC contract with Coventry Housing Authority worth?

The Starr Resolute LLC contract with Coventry Housing Authority is valued at Not to exceed $525,000 for traffic signal reimbursement; stabilized tax payments per TSA schedule (approx. $10,781,864 over 12 years based on $80M value), 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 Coventry Town Council Agenda Packet 2026-07-28 (AgendaPacket), dated July 28, 2026 from Coventry Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Starr Resolute LLC hold?

Starr Resolute 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 Coventry Housing Authority currently buying?

Explore Coventry Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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