Township of Livingston Awards Financial Services Contract to 45 Partners Urban Renewal Llc (August 2026)

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

Resolution provides for assignment and assumption of existing redevelopment and financial agreements to 45 Partners Urban Renewal, LLC; existing term and renewal options carry over under the assigned agreements.

Document type

Agenda

Source document

Livingston Township Council Agenda 2026-08-11

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Other contracts from 45 Partners Urban Renewal Llc.

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township-of-livingston-financial-agreement-for-tax-exemption_943.pdf

APPROVED

Township of Livingston, New JerseySee payment schedule; initial year ASC $1,220,202; amount adjusts annually per formulaJan 1, 2025

township-of-livingston-financial-agreement-for-tax-exemption_4bf.pdf

APPROVED

Township of Livingston, New JerseyAnnual Service Charge (ASC) structured by formula: 11.5%–15.5% of Annual Gross Revenue (AGR) or a percentage of conventional taxes, escalating over 30 years; plus 2% administrative fee annually; plus Land Taxes until ASC begins; see Exhibit C for projected total figures (e.g., ~$1.22M ASC in Year 1, growing annually)Jan 1, 2025

Livingston Township Council Agenda August 2024

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Township of Livingston?

45 Partners Urban Renewal Llc was awarded this financial services contract by Township of Livingston, as recorded on August 11, 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 Livingston Township Council Agenda 2026-08-11 (Agenda), dated August 11, 2026 from Township of Livingston. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does 45 Partners Urban Renewal Llc hold?

45 Partners Urban Renewal 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 45 Partners Urban Renewal Llc's profile

What is Township of Livingston currently buying?

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

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