CONTRACTRECOMMENDED

Strand project funded with REV and bond service

Disclosed value: $625,000 (REV); $128,900 interest; $240,000 principal; From agendapacket
Document date: Apr 12, 2024
Term: Fiscal Year 2024-2025

What it covers

The Southside CRA’s proposed FY 2024-2025 budget allocates $625,000 in REV grant funding and $368,900 in bond debt service (interest and principal) for The Strand project. DIA’s tentative adoption positions these commitments for inclusion in the City’s final budget.

Who holds it

The Strand holds this financial services contract with Downtown Investment Authority (DIA). Its other public contracts on record include work for City of Marietta and Town of Keene.

What happens next

Term as filed: Fiscal Year 2024-2025.

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Contract details

Contract type: Financial Services
Amount: $625,000 (REV); $128,900 interest; $240,000 principal
Document date: April 12, 2024
Term: Fiscal Year 2024-2025
Vendor: The Strand
Agency: Downtown Investment Authority (DIA)
Source document: Downtown Investment Authority AgendaPacket Finance and Budget Committee Meeting 2024-04-12 (AgendaPacket)

The Strand's other public contracts

City of Marietta, MinnesotaThe Strand Theatre gets $25k additional funding · Jun 11, 2025$25K Downtown Investment Authority (DIA), FloridaSouthside Budget Continues Strand REV Grant in FY25 · Jun 14, 2024$625K Downtown Investment Authority (DIA), FloridaThe Strand REV Grant Funding Continues in FY25 · Apr 17, 2024$625K Town of Keene, New YorkFirst edition book appraisal approved for Strand · Mar 5, 2024Undisclosed All The Strand contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by Downtown Investment Authority (DIA)?

The Strand was awarded this financial services contract by Downtown Investment Authority (DIA), as recorded on April 12, 2024. The contract value is $625,000 (REV); $128,900 interest; $240,000 principal.

How much is the The Strand contract with Downtown Investment Authority (DIA) worth?

The The Strand contract with Downtown Investment Authority (DIA) is valued at $625,000 (REV); $128,900 interest; $240,000 principal, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Downtown Investment Authority AgendaPacket Finance and Budget Committee Meeting 2024-04-12 (AgendaPacket), dated April 12, 2024 from Downtown Investment Authority (DIA). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does The Strand hold?

The Strand 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 Downtown Investment Authority (DIA) currently buying?

Explore Downtown Investment Authority (DIA)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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