Town of Fall River Awards Financial Services Contract to Hyde Development LLC (February 2023)
Town of Fall RiverCity · KS- Disclosed value
- Approximately $6,000,000 investment
- From agenda
- Approved
- Feb 14, 2023
The 30-second brief
The City Council approved a Housing Development Incentive local Tax Increment Exemption Agreement with Hyde Development LLC for a roughly $6 million redevelopment of the former Lincoln School at 439 Pine Street into 24 market-rate residential units and commercial space. The 10-year TIE, with higher abatements in the early years, will be submitted to the state housing agency.
Hyde Development LLC holds this financial services contract with Town of Fall River. Its other public contracts on record include work for City of Fridley.
Term as filed: Proposed 10-year Tax Increment Exemption schedule (80% abatement for first five years, 20% for next five years).
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Contract details
- Contract type
- Financial Services
- Amount
- Approximately $6,000,000 investment
- Document date
- February 14, 2023
- Term
- Proposed 10-year Tax Increment Exemption schedule (80% abatement for first five years, 20% for next five years)
- Vendor
- Hyde Development LLC
- Agency
- Town of Fall River
- Source document
- town-of-fall-river-city-council-meeting-agenda-february-14-2023_260.pdf (Agenda)
Hyde Development LLC's other public contracts
More Town of Fall River contracts
Questions about this contract
Who was awarded the financial services contract by Town of Fall River?
Hyde Development LLC was awarded this financial services contract by Town of Fall River, as recorded on February 14, 2023. The contract value is Approximately $6,000,000 investment.
How much is the Hyde Development LLC contract with Town of Fall River worth?
The Hyde Development LLC contract with Town of Fall River is valued at Approximately $6,000,000 investment, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in town-of-fall-river-city-council-meeting-agenda-february-14-2023_260.pdf (Agenda), dated February 14, 2023 from Town of Fall River. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Hyde Development LLC hold?
Hyde Development LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Town of Fall River currently buying?
Explore Town of Fall River's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.