County terminates escrow and refunds developer funds
El Paso CountyCounty · Colorado Springs, CO- Disclosed value
- $43,067
- From resolution
- Document date
- Aug 5, 2026
- Term
- June 20, 2020 – June 20, 2040
- Renews
- Free account
The 30-second brief
El Paso County and CHALLENGER COMMUNITIES, LLC entered into a 2020 Escrow Agreement requiring a $43,067 deposit for a future traffic signal at Woodmen Road and Golden Sage Road. In August 2026, the Board of County Commissioners adopted Resolution 26-240 to terminate the agreement and refund all escrowed funds with interest to the developer after the intersection was annexed and improved by the City of Colorado Springs.
Challenger Communities LLC holds this financial services contract with El Paso County.
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Contract details
- Contract type
- Financial Services
- Amount
- $43,067
- Document date
- August 5, 2026
- Term
- June 20, 2020 – June 20, 2040
- Renews
- Free account
- Agency
- El Paso County
- Source document
- El Paso County Resolution To Terminate Escrow Agreements and Return Funds 2026-08-05 (Resolution)
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Questions about this contract
Who was awarded the financial services contract by El Paso County?
Challenger Communities LLC was awarded this financial services contract by El Paso County, as recorded on August 5, 2026. The contract value is $43,067.
How much is the Challenger Communities LLC contract with El Paso County worth?
The Challenger Communities LLC contract with El Paso County is valued at $43,067, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record.
Where was this contract approved?
This contract appears in El Paso County Resolution To Terminate Escrow Agreements and Return Funds 2026-08-05 (Resolution), dated August 5, 2026 from El Paso County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Challenger Communities LLC hold?
Challenger Communities 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.
What is El Paso County currently buying?
Explore El Paso County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.