Town of Salem Awards Development Agreement Contract to Conant Development (April 2025)
- Approved
- Apr 21, 2025
The 30-second brief
Council approved an amendment to the Scott Conant/ Hilda Garden Apartments TIF Agreement (2023-22) to define the reimbursement of infrastructure as phases of the project are completed. The agreement is structured as a loan and requires Mr. Conant to pay back the loan amount to the City if TIF 4 does not pass.
Conant Development holds this development agreement contract with Town of Salem. Its other public contracts on record include work for City of Salem and Town of Salamonia.
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Contract details
- Contract type
- Development Agreement
- Document date
- April 21, 2025
- Term
- NA
- Vendor
- Conant Development
- Agency
- Town of Salem
- Source document
- town-of-salem-meeting-minutes-2025-04-21_883.pdf (Meeting Minutes)
Conant Development's other public contracts
More Town of Salem contracts
Questions about this contract
Who was awarded the development agreement contract by Town of Salem?
Conant Development was awarded this development agreement contract by Town of Salem, as recorded on April 21, 2025.
What type of contract is this?
This is a Development Agreement contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in town-of-salem-meeting-minutes-2025-04-21_883.pdf (Meeting Minutes), dated April 21, 2025 from Town of Salem. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Conant Development hold?
Conant Development 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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