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City Approves Incentive Resolution for Project Ike

Oak Ridge village logoOak Ridge village
Approved
Sep 4, 2024
Term
40 years (Tax Increment Financing)
Renews
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The 30-second brief

What it covers

Oak Ridge City Council approved a resolution expressing support for incentive transactions for Project Ike, including property transfer and a 40-year Tax Increment Financing mechanism. The project covers incentives for a nuclear enrichment facility creating 305 jobs and major municipal utility use.

Who holds it

Project Ike holds this contract with Oak Ridge village. Its other public contracts on record include work for Oak Ridge City School District and City of Oak Ridge.

What happens next

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Contract details

Document date
September 4, 2024
Term
40 years (Tax Increment Financing)
Renews
On record
Vendor
Project Ike
Agency
Oak Ridge village
Source document
oak-ridge-village-agenda-2024-09-04_b0c.pdf (Agenda)

Project Ike's other public contracts

Oak Ridge City School District, TennesseeProject Ike Receives Support for Development · Sep 4, 2024UndisclosedCity of Oak Ridge, Tennesseecity-of-oak-ridge-resolution-2024-09-04_dd9.pdf · Sep 4, 2024UndisclosedOak Ridge City School District, TennesseeResolution supports Project IKE incentive transactions · Sep 4, 2024UndisclosedOak Ridge City School District, TennesseeProject Ike supported for facility development in Tennessee · Sep 4, 2024UndisclosedOak Ridge village, LouisianaOak Ridge IDB supports Project Ike development · Sep 4, 2024UndisclosedAll Project Ike contractsVendor profile

More Oak Ridge village contracts

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Questions about this contract

Who was awarded the government contract by Oak Ridge village?

Project Ike was awarded this government contract by Oak Ridge village, as recorded on September 4, 2024.

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in oak-ridge-village-agenda-2024-09-04_b0c.pdf (Agenda), dated September 4, 2024 from Oak Ridge village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Project Ike hold?

Project Ike may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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