CONTRACTPENDING

$42M in Bonds Considered for Big Red Development

Lake Andes Housing and Redevelopment Commission logoLake Andes Housing and Redevelopment Commission
Disclosed value
$42,000,000
From minutes
Document date
Jul 8, 2025

The 30-second brief

What it covers

Preliminary approval granted for the issuance of up to $42,000,000 in revenue bonds for Big Red Development, to finance The Rhys Apartments in Sioux Falls.

Who holds it

Big Red Development holds this bond contract with Lake Andes Housing and Redevelopment Commission. Its other public contracts on record include work for Sioux Falls Housing and Redevelopment Commission and City of Ogallala.

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Contract details

Contract type
Bond
Amount
$42,000,000
Document date
July 8, 2025
Term
NA
Source document
lake-andes-hrc-minutes-south-lake-housing-rhys-apts-funding-july-8-2025_6ed.pdf (Minutes)

Big Red Development's other public contracts

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Questions about this contract

Who was awarded the bond contract by Lake Andes Housing and Redevelopment Commission?

Big Red Development was awarded this bond contract by Lake Andes Housing and Redevelopment Commission, as recorded on July 8, 2025. The contract value is $42,000,000.

How much is the Big Red Development contract with Lake Andes Housing and Redevelopment Commission worth?

The Big Red Development contract with Lake Andes Housing and Redevelopment Commission is valued at $42,000,000, covering bond work.

What type of contract is this?

This is a Bond contract, documented as a minutes record.

Where was this contract approved?

This contract appears in lake-andes-hrc-minutes-south-lake-housing-rhys-apts-funding-july-8-2025_6ed.pdf (Minutes), dated July 8, 2025 from Lake Andes Housing and Redevelopment Commission. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Big Red Development hold?

Big Red Development 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 Lake Andes Housing and Redevelopment Commission currently buying?

Explore Lake Andes Housing and Redevelopment Commission's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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