Downtown Bixby to receive $33M renovation
City of BixbyCity · Bixby, OK- Disclosed value
- $33,214,245
- From agenda
- Document date
- Jan 18, 2022
- Term
- 25 years
The 30-second brief
The City of Bixby will undertake infrastructure improvements and land acquisition in the Downtown Core area with an estimated cost of $33,214,245, funded through the formation of Tax Increment Financing (TIF) District. A proposed Reconstruction of Bixby Public School's Administrative Complex into a mixed-use development may be eligible for TIF funds reimbursement of development costs. The TIF will cease when $39,857,094 is collected, or in 25 years whichever is first.
City of Bixby holds this tax increment financing contract with City of Bixby. Its other public contracts on record include work for City of Coweta.
Term as filed: 25 years.
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Contract details
- Contract type
- Tax Increment Financing
- Amount
- $33,214,245
- Document date
- January 18, 2022
- Term
- 25 years
- Vendor
- City of Bixby
- Agency
- City of Bixby
- Source document
- city-of-bixby-agenda-2022-01-18_fcc.pdf (Agenda)
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Questions about this contract
Who was awarded the tax increment financing contract by City of Bixby?
City of Bixby was awarded this tax increment financing contract by City of Bixby, as recorded on January 18, 2022. The contract value is $33,214,245.
How much is the City of Bixby contract with City of Bixby worth?
The City of Bixby contract with City of Bixby is valued at $33,214,245, covering tax increment financing work.
What type of contract is this?
This is a Tax Increment Financing contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city-of-bixby-agenda-2022-01-18_fcc.pdf (Agenda), dated January 18, 2022 from City of Bixby. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does City of Bixby hold?
City of Bixby 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 City of Bixby currently buying?
Explore City of Bixby's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.