FINANCIAL_SERVICESAPPROVED

Provo School District Awards Financial Services Contract to Redevelopment Agency of Provo City (April 2020)

Provo School District entered into an interlocal agreement with the Redevelopment Agency of Provo City to share up to $1,626,446 in tax increment from the Center Street Community Development Project Area between 2022 and 2033. The funds will support public infrastructure, development incentives, and agency operations under Utah redevelopment statutes.

Document date · April 20, 2020

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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 amount
Not to exceed $1,626,446
Contract type
FINANCIAL_SERVICES
Contract term
Tax Increment collection period 2022–2033 (final payment in 2034); agreement terminates December 31, 2040
Renewal date
2040-12-31
Renewal
Agreement runs through 180 days after the final tax increment payment for the collection period and automatically terminates on December 31, 2040. Any modification or amendment must be in writing and signed by all parties; there are no automatic renewals.
Document type
Contract
Source document
provo-school-districtcontract2020-04-20_a07.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Provo School District?

Redevelopment Agency of Provo City was awarded this financial services contract by Provo School District, as recorded on April 20, 2020. The contract value is Not to exceed $1,626,446.

How much is the Redevelopment Agency of Provo City contract with Provo School District worth?

The Redevelopment Agency of Provo City contract with Provo School District is valued at Not to exceed $1,626,446, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a contract record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in provo-school-districtcontract2020-04-20_a07.pdf (Contract), dated April 20, 2020 from Provo School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Redevelopment Agency of Provo City hold?

Redevelopment Agency of Provo City 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 Redevelopment Agency of Provo City's profile

What is Provo School District currently buying?

Explore Provo School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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