Prime Realty Incentives for Vista View Apartments Negotiated
Wood Lake villageCity · NE- Disclosed value
- $423,762
- From agenda
- Document date
- Aug 26, 2019
- Term
- 12 years
The 30-second brief
Prime Realty Investors, LLC is authorized to complete negotiations with the City of Wood Village Urban Renewal Agency for a development incentive agreement. The agreement offers financial incentives for the Vista View Apartment Complex construction with a value of up to 25% of the projected total return to the agency, with an estimated value of $423,762, for the construction of a mixed-use project at the intersection of 240th and Halsey. The actual incentive amount will be based on the final investment, completion time, and applicable tax rates at completion.
Prime Realty Investors holds this incentive contract with Wood Lake village.
Term as filed: 12 years.
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Contract details
- Contract type
- Incentive
- Amount
- $423,762
- Document date
- August 26, 2019
- Term
- 12 years
- Vendor
- Prime Realty Investors
- Agency
- Wood Lake village
- Source document
- wood-lake-village-agenda-2019-08-26_84c.pdf (Agenda)
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Questions about this contract
Who was awarded the incentive contract by Wood Lake village?
Prime Realty Investors was awarded this incentive contract by Wood Lake village, as recorded on August 26, 2019. The contract value is $423,762.
How much is the Prime Realty Investors contract with Wood Lake village worth?
The Prime Realty Investors contract with Wood Lake village is valued at $423,762, covering incentive work.
What type of contract is this?
This is a Incentive contract, documented as a agenda record.
Where was this contract approved?
This contract appears in wood-lake-village-agenda-2019-08-26_84c.pdf (Agenda), dated August 26, 2019 from Wood Lake village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Prime Realty Investors hold?
Prime Realty Investors 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 Wood Lake village currently buying?
Explore Wood Lake village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.