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Columbus approves $2.8M bond for 4J Capital project

City of Sparkman
Disclosed value
$2,866,500
From agenda
Document date
Jun 3, 2019
Term
15 years

The 30-second brief

What it covers

Community Development Agency will issue a bond of up to $2,866,500 for the 4J Capital Redevelopment Project, aiming to construct an apartment complex with 180 units by January 1, 2021. The bond will be repaid using tax increment revenues generated from the project over a period of 15 years.

Who holds it

4j Capital holds this bond contract with City of Sparkman. Its other public contracts on record include work for Town of Shell Creek and City of Columbus.

What happens next

Term as filed: 15 years.

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Contract details

Contract type
Bond
Amount
$2,866,500
Document date
June 3, 2019
Term
15 years
Vendor
4j Capital
Agency
City of Sparkman
Source document
city-of-sparkman-agenda-2019-06-03_42f.pdf (Agenda)

4j Capital's other public contracts

Town of Shell Creek, Nebraska4J Capital Receives $1.2M Redevelopment Project Bond · Apr 15, 2024$1.2MCity of Columbus, NebraskaTax Increment Revenue Bond for 4J Capital · Jun 3, 2019UndisclosedCity of Columbus, NebraskaColumbus approves TIF package for 4J Capital project · Mar 11, 2019All 4j Capital contractsVendor profile

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Questions about this contract

Who was awarded the bond contract by City of Sparkman?

4j Capital was awarded this bond contract by City of Sparkman, as recorded on June 3, 2019. The contract value is $2,866,500.

How much is the 4j Capital contract with City of Sparkman worth?

The 4j Capital contract with City of Sparkman is valued at $2,866,500, covering bond work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-sparkman-agenda-2019-06-03_42f.pdf (Agenda), dated June 3, 2019 from City of Sparkman. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does 4j Capital hold?

4j Capital 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 Sparkman currently buying?

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

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