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Authorizing the City of Madison to enter into a Purchase of Services contract with TerraVenture Advisors, LLC to provide relocation assistance and services to the tenants occupying the buildings located on the City-owned property at 1812 - 1820 S. Park Street; authorizing the payment of eligible relocation benefits; and authorizing lease negotiations with the current tenants in the interim totaling $546,650, with funding previously authorized 2026 EDD Capital Budget and in the adopted TID 51 project plan. (District 14)

Resolution Passed Introduced May 12, 2026

What this record is

Held by
TerraVenture Advisors, LLC 2 records across this site
Amount
$547K
Runs until
Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
Type
purchase
Field
Real estate

real estate contracts in WI that end within a year →
Governments publish the end date in the award. That date is when the work goes back out to bid, and it is usually stated years ahead.

Read automatically from the title of the official record. The source document below is authoritative.

TerraVenture Advisors, LLC also holds

Subject: Consideration of Resolution 24-24 related to an extension of a professional services agreement for the Lincoln-King Redevelopment Project wit… Racine, WI
Committee
Economic Development Division
Requested by
FINANCE COMMITTEE
Introduced
May 12, 2026
On agenda
June 9, 2026
Passed
June 9, 2026
Enacted
June 10, 2026
Enactment no.
RES-26-00331

Where it was heard

COMMON COUNCIL Jun 9, 2026 Adopt Unanimously Pass FINANCE COMMITTEE Jun 1, 2026 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass COMMON COUNCIL May 19, 2026 Refer Pass

Watch what Madison buys

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