Town Considers CHIP Agreement With Middlebury Investors LLC

The Selectboard will vote on a Housing Infrastructure Agreement with Middlebury Investors LLC tied to the proposed Middle Road Apartments project and a related CHIP application to the State. The agreement would dedicate 85% of future municipal and State Education Fund tax increment from the project area for up to 20 years to repay housing infrastructure costs.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Up to 20 years of tax increment dedication

Renewal

Initial Housing Infrastructure Agreement associated with a CHIP/TIF district; term extends until infrastructure debt is paid or 20 years, whichever comes first, subject to Selectboard approval and VEPC designation.

Document type

Agenda

Source document

Town of Middlebury Selectboard Meeting Agenda 2026-08-25

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Town of Middlebury Selectboard Meeting Agenda 2026-08-25

PENDING

Town of Middlebury, VermontAug 25, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Middlebury?

Middlebury Investors Llc was awarded this financial services contract by Town of Middlebury, as recorded on August 25, 2026.

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 Middlebury Selectboard Meeting Agenda 2026-08-25 (Agenda), dated August 25, 2026 from Town of Middlebury. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Middlebury Investors Llc hold?

Middlebury Investors 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.

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What is Town of Middlebury currently buying?

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