Civic IQ
FINANCIAL_SERVICESAPPROVED

City of Merriam Awards Financial Services Contract to Walser Real Estate Llc (October 2025)

Merriam’s governing body approved the assignment of benefits under its $18.619 million industrial revenue bond intent resolution from Walser Automotive Group, LLC to affiliate Walser Real Estate, LLC. The change aligns the IRB benefits with the entity developing the new Genesis dealership project.

Document date · October 13, 2025

Issuing agencyCity of MerriamVendorWalser Real Estate Llc

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $18,619,000 in taxable industrial revenue bonds
Contract type
FINANCIAL_SERVICES
Contract term
Resolution consenting to assignment adopted October 13, 2025; underlying intent resolution effective until August 25, 2026, if bonds not issued
Renewal date
2026-08-25
Renewal
Assignment does not extend the original IRB intent resolution, which remains set to expire if bonds are not issued by August 25, 2026.
Document type
Agenda
Source document
city_council_agenda_october_13_2025.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Merriam?

Walser Real Estate Llc was awarded this financial services contract by City of Merriam, as recorded on October 13, 2025. The contract value is Not to exceed $18,619,000 in taxable industrial revenue bonds.

How much is the Walser Real Estate Llc contract with City of Merriam worth?

The Walser Real Estate Llc contract with City of Merriam is valued at Not to exceed $18,619,000 in taxable industrial revenue bonds, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city_council_agenda_october_13_2025.pdf (Agenda), dated October 13, 2025 from City of Merriam. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Walser Real Estate Llc hold?

Walser Real Estate Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Walser Real Estate Llc's profile

What is City of Merriam currently buying?

Explore City of Merriam's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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