County Considers 15-Year NRA Incentive for First Management
Douglas CountyCounty · Lawrence, KS- Disclosed value
- NRA rebate estimated County share $311,328 over 15 years; total multi-jurisdiction NRA value $829,524; IRB sales tax exemption estimated City share $18,702; State share $57,073
- From agenda
- Document date
- Jul 12, 2023
- Term
- 15 years
The 30-second brief
Douglas County is asked to participate in a 15-year, 90% Neighborhood Revitalization Area tax incentive for First Management, Inc. to redevelop an office headquarters at 700 New Hampshire Street. The multi-jurisdictional package includes an estimated $311,328 County property tax rebate and associated IRB sales tax exemptions.
First Management Inc holds this financial services contract with Douglas County. Its other public contracts on record include work for Sarpy County and Lawrence Unified School District 497.
Term as filed: 15 years.
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Contract details
- Contract type
- Financial Services
- Amount
- NRA rebate estimated County share $311,328 over 15 years; total multi-jurisdiction NRA value $829,524; IRB sales tax exemption estimated City share $18,702; State share $57,073
- Document date
- July 12, 2023
- Term
- 15 years
- Vendor
- First Management Inc
- Agency
- Douglas County
- Source document
- douglas_county_commission_board_meeting_agenda_jul.pdf (Agenda)
First Management Inc's other public contracts
More Douglas County contracts
Questions about this contract
Who was awarded the financial services contract by Douglas County?
First Management Inc was awarded this financial services contract by Douglas County, as recorded on July 12, 2023. The contract value is NRA rebate estimated County share $311,328 over 15 years; total multi-jurisdiction NRA value $829,524; IRB sales tax exemption estimated City share $18,702; State share $57,073.
How much is the First Management Inc contract with Douglas County worth?
The First Management Inc contract with Douglas County is valued at NRA rebate estimated County share $311,328 over 15 years; total multi-jurisdiction NRA value $829,524; IRB sales tax exemption estimated City share $18,702; State share $57,073, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in douglas_county_commission_board_meeting_agenda_jul.pdf (Agenda), dated July 12, 2023 from Douglas County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does First Management Inc hold?
First Management Inc 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 Douglas County currently buying?
Explore Douglas County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.