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MRRA TIF Agreement Nears Fifteen Million Dollar Cap

Brunswick continues its 30-year Credit Enhancement Agreement with MRRA for the Brunswick Landing Municipal TIF District. The agreement is capped at $15 million, has provided $12.45 million cumulatively, and has $1.58 million available for fiscal 2026-27.

Document date · September 28, 2026

Issuing agencyTown of BrunswickVendorMRRA

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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
Up to $15,000,000 total; $12,447,029.28 cumulative through 2026-27; $1,576,739.22 available for 2026-27
Contract type
OTHER
Contract term
30 years; created September 22, 2016
Renewal date
2046-09-22
Renewal
30-year CEA term with payments of up to 50% of TIF revenues and an annual request to the Town Council; total payment cap is $15 million.
Document type
AgendaPacket
Source document
Town of Brunswick AgendaPacket Finance Committee Meeting 2026-09-28

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Town of Brunswick?

MRRA was awarded this government contract by Town of Brunswick, as recorded on September 28, 2026. The contract value is Up to $15,000,000 total; $12,447,029.28 cumulative through 2026-27; $1,576,739.22 available for 2026-27.

How much is the MRRA contract with Town of Brunswick worth?

The MRRA contract with Town of Brunswick is valued at Up to $15,000,000 total; $12,447,029.28 cumulative through 2026-27; $1,576,739.22 available for 2026-27.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Town of Brunswick AgendaPacket Finance Committee Meeting 2026-09-28 (AgendaPacket), dated September 28, 2026 from Town of Brunswick. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does MRRA hold?

MRRA 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 MRRA's profile

What is Town of Brunswick currently buying?

Explore Town of Brunswick's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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