arrowhead-community-improvement-district-proposed-budget-fye-6-30-2026_744.pdf
CID budget includes City administrative fee payment
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Description
The Arrowhead Community Improvement District proposes to pay the City an estimated $3,750.00 in administrative fees for fiscal year 2026 for managing CID-related functions. This cost reflects a 1.5% charge on CID revenues as outlined in their cooperative agreement.
Contract Details
Contract Amount
$3,750.00
Vendor
CITY
Agency
Housing Authority of the city of Independence, MO
Contract Type
OTHER
Document Date
May 9, 2026
Contract Term
Fiscal year ending June 30, 2026
Renewal Date
2026-06-30
Renewal Info
Ongoing administrative fee calculated at 1.5% of CID revenues, budgeted annually under the cooperative agreement between the City and the CID.
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ONGOINGIssuing Agency
Housing Authority of the city of Independence
Local Housing Authority
Independence, MO
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arrowhead-community-improvement-district-proposed-budget-fye-6-30-2026_744.pdf
arrowhead-community-improvement-district-proposed-budget-fye-6-30-2026_744.pdf
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arrowhead-community-improvement-district-proposed-budget-fye-6-30-2026_744.pdf
City of Independence City Council Meeting Agenda May 4 2026
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