FINANCIAL_SERVICESPENDING

Alternative TIF sharing draft for Moreno-Cascade URA

Pikes Peak Library District is considering an alternative Property Tax Increment Revenue Agreement with the Colorado Springs Urban Renewal Authority for the Moreno and Cascade Urban Renewal Plan that would split library tax increment revenues 50/50. This draft preserves the Authority’s ability to pledge TIF revenues for bonds while ensuring half of the District Increment is returned to the Library District.

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

Trusted by teams at

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
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 fixed at 25 years under Colorado Urban Renewal Law; no explicit renewal options. Agreement may be amended only in writing and may terminate if the urban renewal plan or TIF component is terminated.
Document type
AgendaPacket
Source document
Pikes Peak Library District AgendaPacket 2025-12-09

Related contracts

Other contracts from Colorado Springs Urban Renewal Authority.

View all →

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?

Explore Pikes Peak Library District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Pikes Peak Library District's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 100,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free