FINANCIAL_SERVICESAPPROVED

Davis County Mosquito Abatement District Awards Financial Services Contract to Syracuse City Redevelopment Agency (August 2024)

The Mosquito Abatement District-Davis approved an interlocal agreement with the Syracuse City Redevelopment Agency to remit 50% of its tax increment share from the Syracuse WDC Gateway Community Reinvestment Project Area for up to 25 years. Davis County will pay the agreed share directly to the Agency, which may use the funds for project-related public infrastructure, incentives, and administrative costs.

Document date · August 13, 2024

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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
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Scope & details

The full contract record, as filed.

Contract amount
Fifty percent (50%) of the Mosquito Abatement District-Davis share of tax increment from the Project Area for up to 25 consecutive years
Contract type
FINANCIAL_SERVICES
Contract term
Up to 25 consecutive years of tax increment collection from the Project Area, beginning January 1 of the trigger year and not beyond December 31, 2051; interlocal agreement automatically terminates December 31, 2052
Renewal date
2052-12-31
Renewal
Agreement term runs from publication of statutory notice through 180 days after the final tax increment payment to the Agency, with an automatic termination date of December 31, 2052. No automatic renewal or extension beyond that date is provided.
Document type
Agreement
Source document
Syracuse City RDA and Mosquito Abatement District Interlocal Agreement 2024-08-13

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Davis County Mosquito Abatement District?

Syracuse City Redevelopment Agency was awarded this financial services contract by Davis County Mosquito Abatement District, as recorded on August 13, 2024. The contract value is Fifty percent (50%) of the Mosquito Abatement District-Davis share of tax increment from the Project Area for up to 25 consecutive years.

How much is the Syracuse City Redevelopment Agency contract with Davis County Mosquito Abatement District worth?

The Syracuse City Redevelopment Agency contract with Davis County Mosquito Abatement District is valued at Fifty percent (50%) of the Mosquito Abatement District-Davis share of tax increment from the Project Area for up to 25 consecutive years, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Syracuse City RDA and Mosquito Abatement District Interlocal Agreement 2024-08-13 (Agreement), dated August 13, 2024 from Davis County Mosquito Abatement District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Syracuse City Redevelopment Agency hold?

Syracuse City Redevelopment Agency may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Syracuse City Redevelopment Agency's profile

What is Davis County Mosquito Abatement District currently buying?

Explore Davis County Mosquito Abatement District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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