City Weighs Stormwater Funding Agreement With Franktown
Town of FranklinCity · AL- Disclosed value
- Not to exceed $900,000 (Option 1); Not to exceed $450,000 (Option 2); Not to exceed $650,000 (Board member recommendation)
- From meeting minutes
- Document date
- Apr 22, 2025
The 30-second brief
Franklin officials discussed Resolution 2025-34 to potentially enter a multi-year funding agreement with Franktown Open Hearts to offset required stormwater infrastructure for its planned facility, with options ranging up to $900,000. The proposed funding would primarily use County Adequate Facilities Tax and CDBG resources and is slated for consideration on May 13, 2025.
Franktown Open Hearts holds this contract with Town of Franklin. Its other public contracts on record include work for City of Franklin.
Term as filed: Funding over a two- to three-year period (to be negotiated).
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Contract details
- Amount
- Not to exceed $900,000 (Option 1); Not to exceed $450,000 (Option 2); Not to exceed $650,000 (Board member recommendation)
- Document date
- April 22, 2025
- Term
- Funding over a two- to three-year period (to be negotiated)
- Vendor
- Franktown Open Hearts
- Agency
- Town of Franklin
- Source document
- town-of-franklinmeeting-minutes2025-04-22_1b1.pdf (Meeting Minutes)
Franktown Open Hearts's other public contracts
More Town of Franklin contracts
Questions about this contract
Who was awarded the government contract by Town of Franklin?
Franktown Open Hearts was awarded this government contract by Town of Franklin, as recorded on April 22, 2025. The contract value is Not to exceed $900,000 (Option 1); Not to exceed $450,000 (Option 2); Not to exceed $650,000 (Board member recommendation).
How much is the Franktown Open Hearts contract with Town of Franklin worth?
The Franktown Open Hearts contract with Town of Franklin is valued at Not to exceed $900,000 (Option 1); Not to exceed $450,000 (Option 2); Not to exceed $650,000 (Board member recommendation).
What type of contract is this?
This is a government contract, documented as a meeting minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in town-of-franklinmeeting-minutes2025-04-22_1b1.pdf (Meeting Minutes), dated April 22, 2025 from Town of Franklin. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Franktown Open Hearts hold?
Franktown Open Hearts 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 Franklin currently buying?
Explore Town of Franklin's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.