City of Columbus Awards Financial Services Contract to 4j Capital (March 2019)
City of ColumbusCity · Columbus, NE- Disclosed value
- Not to exceed $2,866,500 (TIF bond or note); total project cost $26,738,280
- From resolution
- Approved
- Mar 11, 2019
The 30-second brief
The City of Columbus approved a redevelopment plan with 4J Capital that uses tax increment financing up to $2,866,500 to support construction of a 180-unit apartment complex and related public infrastructure in the 23rd Street Corridor Redevelopment Area. The TIF assistance will reimburse eligible costs including land acquisition, utilities, and site improvements over a financing period of up to 15 years.
4j Capital holds this financial services contract with City of Columbus. Its other public contracts on record include work for Town of Shell Creek and City of Sparkman.
Term as filed: Tax increment financing period not to exceed 15 years from effective date (anticipated January 1, 2020).
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $2,866,500 (TIF bond or note); total project cost $26,738,280
- Document date
- March 11, 2019
- Term
- Tax increment financing period not to exceed 15 years from effective date (anticipated January 1, 2020)
- Vendor
- 4j Capital
- Agency
- City of Columbus
- Source document
- city_of_columbus_redevelopment_plan_resolution_r19.pdf (Resolution)
4j Capital's other public contracts
More City of Columbus contracts
Questions about this contract
Who was awarded the financial services contract by City of Columbus?
4j Capital was awarded this financial services contract by City of Columbus, as recorded on March 11, 2019. The contract value is Not to exceed $2,866,500 (TIF bond or note); total project cost $26,738,280.
How much is the 4j Capital contract with City of Columbus worth?
The 4j Capital contract with City of Columbus is valued at Not to exceed $2,866,500 (TIF bond or note); total project cost $26,738,280, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in city_of_columbus_redevelopment_plan_resolution_r19.pdf (Resolution), dated March 11, 2019 from City of Columbus. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does 4j Capital hold?
4j Capital 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 City of Columbus currently buying?
Explore City of Columbus's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.