Town of Mission Awards Financial Services Contract to Foxridge Mission Llc (March 2025)

Scope & details

The full contract record, as filed.

Contract amount

Up to $28,188,674 in reimbursable TIF-eligible project costs; IRB Origination Fee of $350,000 or $500,000

Contract type

FINANCIAL_SERVICES

Contract term

TIF reimbursements for a 20-year term beginning January 1, 2030; IRBs not to exceed five years from date of issuance

Renewal date

2049-12-31

Renewal

Project Plan term is 20 years from effective date January 1, 2030, expiring December 31, 2049, unless earlier terminated by the City under default or upon full reimbursement of the TIF cap of $28,188,674. IRBs, once issued, must be redeemed within five years and are intended solely to provide a sales tax exemption on construction materials; no TIF bonds will be issued and the City may not reduce the term before full reimbursement absent developer default.

Document type

AgendaPacket

Source document

City of Mission Agenda Packet 2025-03-19

Related contracts

Other contracts from Foxridge Mission Llc.

View all →

City of Mission AgendaPacket September 16 2026

APPROVED

Town of Mission, KansasSep 14, 2026

City of Mission Finance & Administration Committee Agenda Packet 2025-03-05

PENDING

Town of Mission, KansasMar 5, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

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

Foxridge Mission Llc was awarded this financial services contract by Town of Mission, as recorded on March 19, 2025. The contract value is Up to $28,188,674 in reimbursable TIF-eligible project costs; IRB Origination Fee of $350,000 or $500,000.

How much is the Foxridge Mission Llc contract with Town of Mission worth?

The Foxridge Mission Llc contract with Town of Mission is valued at Up to $28,188,674 in reimbursable TIF-eligible project costs; IRB Origination Fee of $350,000 or $500,000, covering financial services work.

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 City of Mission Agenda Packet 2025-03-19 (AgendaPacket), dated March 19, 2025 from Town of Mission. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Foxridge Mission Llc hold?

Foxridge Mission 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.

View Foxridge Mission Llc's profile

What is Town of Mission currently buying?

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

View Town of Mission's profile