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$445,000 TIF Requested for Phillip Avenue Apartments

City of Norfolk logoCity of Norfolk
Disclosed value
$445,000
From agenda
Document date
Apr 3, 2023
Term
15 years

The 30-second brief

What it covers

Phillip Avenue Apartments, LLC requests $445,000 TIF for a 30-unit apartment complex. Total project costs are expected to be $5,032,000, with TIF covering site acquisition, dirt work, utility extensions, and engineering fees.

Who holds it

Phillip Avenue Apartments holds this tif bond contract with City of Norfolk.

What happens next

Term as filed: 15 years.

See who signed off on this $445K contract.

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Contract details

Contract type
Tif Bond
Amount
$445,000
Document date
April 3, 2023
Term
15 years
Vendor
Phillip Avenue Apartments
Agency
City of Norfolk
Source document
community_development_agency_meeting_agenda_april.pdf (Agenda)

Phillip Avenue Apartments's other public contracts

City of Norfolk, NebraskaPhillip Avenue Apartments Contract Approved · Jul 15, 2024UndisclosedCity of Norfolk, NebraskaPhillip Avenue Apartments, LLC Redevelopment Contract Approved · Jun 5, 2023$445KCity of Norfolk, NebraskaPhillip Avenue Apartments seeks $445K TIF · May 1, 2023$445KCity of Norfolk, NebraskaPhillip Avenue Apartments Redevelopment Contract Approved · May 1, 2023$445KCity of Norfolk, NebraskaApartment complex redevelopment with TIF request · Apr 3, 2023$445KAll Phillip Avenue Apartments contractsVendor profile

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Questions about this contract

Who was awarded the tif bond contract by City of Norfolk?

Phillip Avenue Apartments was awarded this tif bond contract by City of Norfolk, as recorded on April 3, 2023. The contract value is $445,000.

How much is the Phillip Avenue Apartments contract with City of Norfolk worth?

The Phillip Avenue Apartments contract with City of Norfolk is valued at $445,000, covering tif bond work.

What type of contract is this?

This is a Tif Bond contract, documented as a agenda record.

Where was this contract approved?

This contract appears in community_development_agency_meeting_agenda_april.pdf (Agenda), dated April 3, 2023 from City of Norfolk. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Phillip Avenue Apartments hold?

Phillip Avenue Apartments 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 Norfolk currently buying?

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

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