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Stratus Development Secures $1.3M Bancroft Financing Agreement

Town of North Plains
Disclosed value
$1,330,95.97
From agenda
Document date
Sep 3, 2024
Term
7 years

The 30-second brief

What it covers

Stratus Development, LLC has secured a Bancroft financing agreement for $1,330,95.97 over seven years for Transportation Development Tax (TDT) related to a 200,000 sq ft industrial building development.

Who holds it

Stratus Development holds this financing contract with Town of North Plains. Its other public contracts on record include work for City of North Plains and Town of Leipzig.

What happens next

Term as filed: 7 years.

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Contract details

Contract type
Financing
Amount
$1,330,95.97
Document date
September 3, 2024
Term
7 years
Vendor
Stratus Development
Agency
Town of North Plains
Source document
town-of-north-plains-city-council-agenda-september-3-2024_881.pdf (Agenda)

Stratus Development's other public contracts

City of North Plains, OregonTDT Installment Agreement With Stratus Development · Sep 16, 2024UndisclosedCity of North Plains, OregonStratus Development Tax Incentive Approved for 7 years · Sep 3, 2024UndisclosedTown of Leipzig, North DakotaStratus Secures TDT Financing Agreement · Sep 3, 2024$1.3MTown of North Plains, MichiganStratus Development finances Transportation Development Tax · Sep 3, 2024UndisclosedTown of Leipzig, North DakotaStratus Development finances Transportation Development Tax · Sep 3, 2024UndisclosedAll Stratus Development contractsVendor profile

More Town of North Plains contracts

3j Consulting3J Consulting Continues City Engineering Services · Nov 17, 2025UndisclosedECOSCONNECTCity Selects EcosConnect for Backflow Compliance System · Nov 17, 2025UndisclosedMerina & AssociatesCity Plans Consulting Engagement with Merina & Associates · Nov 17, 2025UndisclosedCna SuretyCity Confirms Active Surety Bond with CNA Surety · Oct 20, 2025UndisclosedNACity Approves Purchase of Case 580 Backhoe-Loader · Aug 4, 2025$154.9KAll Town of North Plains activityAgency profile

Questions about this contract

Who was awarded the financing contract by Town of North Plains?

Stratus Development was awarded this financing contract by Town of North Plains, as recorded on September 3, 2024. The contract value is $1,330,95.97.

How much is the Stratus Development contract with Town of North Plains worth?

The Stratus Development contract with Town of North Plains is valued at $1,330,95.97, covering financing work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in town-of-north-plains-city-council-agenda-september-3-2024_881.pdf (Agenda), dated September 3, 2024 from Town of North Plains. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Stratus Development hold?

Stratus Development 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 Town of North Plains currently buying?

Explore Town of North Plains's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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