FINANCIAL_SERVICESPENDING

Library District TIF revenue agreement for Moreno-Cascade URA

Pikes Peak Library District plans to enter a 25-year Property Tax Increment Revenue Agreement with the Colorado Springs Urban Renewal Authority for the Moreno and Cascade Urban Renewal Plan, enabling the Authority to pledge library-related tax increment revenues toward bonds and project costs. The agreement defines revenue sharing, mill levy treatment, and legal obligations for both parties throughout the duration of the urban renewal project.

Status
PENDING
Document date
December 9, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Colorado Springs Urban Renewal Authority
Agency
Pikes Peak Library District · CO

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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 type
FINANCIAL_SERVICES
Contract term
Twenty-five (25) years from approval of the Moreno and Cascade Urban Renewal Plan
Renewal
Duration is fixed at 25 years in accordance with Colorado Urban Renewal Law §31-25-107(9)(a); no renewal options are described, though the Authority may terminate if the plan or its TIF component is terminated.
Document type
AgendaPacket
Source document
Pikes Peak Library District AgendaPacket 2025-12-09

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Pikes Peak Library District?

Colorado Springs Urban Renewal Authority was awarded this financial services contract by Pikes Peak Library District, as recorded on December 9, 2025.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Pikes Peak Library District AgendaPacket 2025-12-09 (AgendaPacket), dated December 9, 2025 from Pikes Peak Library District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Colorado Springs Urban Renewal Authority hold?

Colorado Springs Urban Renewal Authority 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 Colorado Springs Urban Renewal Authority's profile

What is Pikes Peak Library District currently buying?

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