Platte City Benefit Assessment Road District Awards Financial Services Contract to City of Houston Lake Missouri (March 2024)

Platte County and the City of Houston Lake executed a cooperative 2023–2033 Transportation Tax City Distribution Agreement to share countywide transportation sales tax revenues for eligible transportation improvements within the city. The County will distribute a per‑capita municipal share of tax proceeds to the City on a semi‑annual basis, subject to ongoing certification of eligible project expenditures.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Effective first day of the month following formal approval by both parties; tax is a 10‑year countywide transportation sales tax (2023–2033) with semi‑annual distributions while tax proceeds are received

Renewal date

2033-12-31

Renewal

Agreement continues in force for the duration of county transportation tax collections unless terminated by either party with 30 days’ written notice or amended by formal contract amendment signed by both parties; the underlying county tax is for 10 years (2023–2033).

Document type

Agreement

Source document

Platte County Transportation Tax City Distribution Agreement March 2024

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Platte City Benefit Assessment Road District?

City of Houston Lake Missouri was awarded this financial services contract by Platte City Benefit Assessment Road District, as recorded on March 4, 2024.

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 Platte County Transportation Tax City Distribution Agreement March 2024 (Agreement), dated March 4, 2024 from Platte City Benefit Assessment Road District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does City of Houston Lake Missouri hold?

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