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Kingsbury County board approves contracts, advances schedule for 425th Avenue TIF project
Summary
County commissioners approved placement-agent and engineering contracts to create a Tax Increment Financing district and set a two-week bid schedule for 425th Avenue improvements, with a possible bid opening on Feb. 15 and award on Feb. 17, 2026.
Kingsbury County commissioners moved forward on plans for improvements to 425th Avenue, approving contracts with Colliers Securities (placement agent) and Civil Design (engineering) and endorsing a tight schedule for bids and award.
Toby Morris of Colliers Securities and Andreq Kangas of Civil Design presented the contracts and the proposed timeline. Kangas told the Board, "The plan is to have the final plans and bid documents to the Highway Superintendent for review this week, advertise for bids for 2 weeks starting next week with a possible bid opening on February 15, 2026 and awarding on February 17, 2026." Morris said he "would need to move forward with requesting closing documents on the bond from the bank" if the schedule remains in place. Chairman Kyle Lee deferred immediate signature earlier in the meeting to allow legal review, and Deputy States Attorney Todd Wilkinson later told the Board he had reviewed the contracts and "saw no issues."
The Board approved the Colliers Securities agreement (motion by Roger Walls) and the Civil Design, Inc. engineering services agreement (motion by Corey Lundquist), each by unanimous vote. Approving those contracts allows staff to advertise the work and move toward formal bond closing and contracting steps. The presentations noted the TIF is intended to finance the road improvements tied to development interests near Redstone Dairy; the Board discussed next procedural steps including bid advertisement and banking closing requirements.
The county did not publish a total project budget or show finalized bond documents at the meeting; Morris said he would request closing documents from the bank once the schedule was approved. The Board scheduled two commissioners to meet with Redstone Dairy on Feb. 9, 2026, to continue project coordination.
