CONTRACTONGOING

Powell Executes Four-Year Public Parking Agreement with Margello

Powell Community Infrastructure Financing Authority
Disclosed value
$115,000 annually, payable quarterly; City reimbursement for snow and salt capped at $5,000 per calendar year
From agenda
Document date
Nov 3, 2026

The 30-second brief

What it covers

Powell entered into a four-year parking agreement with Margello to make designated private-lot spaces available for public use. The City will pay $115,000 annually, payable quarterly, and reimburse snow and salt costs up to $5,000 per year.

Who holds it

MARGELLO holds this facilities contract with Powell Community Infrastructure Financing Authority.

What happens next

Term as filed: Four years; includes a termination clause.

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Contract details

Contract type
Facilities
Amount
$115,000 annually, payable quarterly; City reimbursement for snow and salt capped at $5,000 per calendar year
Document date
November 3, 2026
Term
Four years; includes a termination clause
Vendor
MARGELLO
Source document
Powell Agenda 2026-11-04 (Agenda)

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Questions about this contract

Who was awarded the facilities contract by Powell Community Infrastructure Financing Authority?

MARGELLO was awarded this facilities contract by Powell Community Infrastructure Financing Authority, as recorded on November 3, 2026. The contract value is $115,000 annually, payable quarterly; City reimbursement for snow and salt capped at $5,000 per calendar year.

How much is the MARGELLO contract with Powell Community Infrastructure Financing Authority worth?

The MARGELLO contract with Powell Community Infrastructure Financing Authority is valued at $115,000 annually, payable quarterly; City reimbursement for snow and salt capped at $5,000 per calendar year, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Powell Agenda 2026-11-04 (Agenda), dated November 3, 2026 from Powell Community Infrastructure Financing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What is Powell Community Infrastructure Financing Authority currently buying?

Explore Powell Community Infrastructure Financing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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