FINANCIAL_SERVICESAPPROVED

St. Vrain Valley School District RE 1J Awards Financial Services Contract to Longmont Urban Renewal Authority (August 2026)

St. Vrain Valley School District RE-1J and the Longmont Urban Renewal Authority entered into a Tax Increment Revenue Agreement for the First and Main Urban Renewal Project, establishing how school property tax increment will be shared over the 25-year TIF period. The agreement caps the amount of school increment pledged to project financing at $16.6 million while returning a portion of revenues to the District.

Status
APPROVED
Document date
August 12, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Longmont Urban Renewal Authority
Agency
St. Vrain Valley School District RE 1J · CO

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WithersRavenel logo
Derivita logo
Comcate logo
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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
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Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
25-year tax increment period (base year 2026; last increment year 2052)
Renewal date
2052-12-31
Renewal
Agreement is tied to the 25-year TIF duration or until all LURA obligations for the project are paid; any amendments require written consent of both parties.
Document type
AgendaPacket
Source document
St. Vrain Valley Schools Agenda Packet 2026-08-12

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by St. Vrain Valley School District RE 1J?

Longmont Urban Renewal Authority was awarded this financial services contract by St. Vrain Valley School District RE 1J, as recorded on August 12, 2026.

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 St. Vrain Valley Schools Agenda Packet 2026-08-12 (AgendaPacket), dated August 12, 2026 from St. Vrain Valley School District RE 1J. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Longmont Urban Renewal Authority hold?

Longmont 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.

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What is St. Vrain Valley School District RE 1J currently buying?

Explore St. Vrain Valley School District RE 1J's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View St. Vrain Valley School District RE 1J's profile

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