Common Contracts

REVISED 9/15/16

Improvement Reimbursement Agreement • September 13th, 2016 • Colorado

• Contract Type
  Improvement Reimbursement Agreement
• Filed
  September 13th, 2016
• Jurisdiction
  Colorado

Concentus Partners, LLC purchased two buildings: 10699 Melody Drive (European Market) and 10701 Melody Drive (Wells Fargo Building) for $4M. Exterior improvements to 10701 Melody Drive are estimated at $625,00Atta0, and interior improvements to both buildings are estimated at $700,000 (Exhibit B – Improvements). Total costs are estimated at $1,325,000. To assist in the financial gap to revitalize these buildings and properties (Exhibit A – Legal Description), Concentus is requesting NURA’s consideration of a business incentive for $450,000. See attached Business Assistance Incentive (Exhibit C).