FINANCIAL_SERVICESAMENDED

LB840 Loan Assumed by Valley Drive Properties LLC

The council adopted Resolution R26-76 approving a loan assumption agreement with Valley Drive Properties, LLC, transferring responsibility for an LB840 economic development loan tied to Vitality Village workforce housing projects.

Status
AMENDED
Document date
May 18, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Valley Drive Properties Llc
Agency
City of Columbus · NE

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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 type
FINANCIAL_SERVICES
Renewal
Economic development loan terms continue under a new borrower, Valley Drive Properties, LLC, replacing K Herman Development, LLC as obligor.
Document type
Minutes
Source document
City of Columbus Minutes Proceedings of City Council 2026-05-18

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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 Columbus?

Valley Drive Properties Llc was awarded this financial services contract by City of Columbus, as recorded on May 18, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City of Columbus Minutes Proceedings of City Council 2026-05-18 (Minutes), dated May 18, 2026 from City of Columbus. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Valley Drive Properties Llc hold?

Valley Drive 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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