CONTRACTAPPROVED

Town of Section Awards $4,000,000 Tax Abatement Agreement Contract to Voestalpine Railway Systems Nortrak (February 2024)

Disclosed value: $4,000,000.00; From agenda
Approved: Feb 20, 2024

What it covers

Tax abatement agreement approved for voestalpine Railway Systems Nortrak LLC related to the construction of a $4,000,000.00 major addition of the company's existing facility, adding a new production line and six new jobs.

Who holds it

Voestalpine Railway Systems Nortrak holds this tax abatement agreement contract with Town of Section. Its other public contracts on record include work for Town of Trafford and Irondale village.

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Contract details

Contract type: Tax Abatement Agreement
Amount: $4,000,000.00
Document date: February 20, 2024
Term: NA
Vendor: Voestalpine Railway Systems Nortrak
Agency: Town of Section
Source document: town-of-section-agenda-2024-02-20_106.pdf (Agenda)

Voestalpine Railway Systems Nortrak's other public contracts

Town of Trafford, AlabamaTax Abatement Approved for Voestalpine Railway Systems Nortrak · Feb 20, 2024$4M Irondale village, Ohioirondale-city-council-agenda-2024-02-20-pdf_900.pdf · Feb 20, 2024$4M City of Irondale, AlabamaVoestalpine Railway Systems Nortrak LLC gets tax abatement · Feb 20, 2024$4M City of Irondale, Missouri$4M Tax abatement agreement approved for voestalpine · Feb 20, 2024$4M City of Irondale, Missourivoestalpine gets tax break for $4M expansion. · Feb 20, 2024$4M All Voestalpine Railway Systems Nortrak contractsVendor profile

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Questions about this contract

Who was awarded the tax abatement agreement contract by Town of Section?

Voestalpine Railway Systems Nortrak was awarded this tax abatement agreement contract by Town of Section, as recorded on February 20, 2024. The contract value is $4,000,000.00.

How much is the Voestalpine Railway Systems Nortrak contract with Town of Section worth?

The Voestalpine Railway Systems Nortrak contract with Town of Section is valued at $4,000,000.00, covering tax abatement agreement work.

What type of contract is this?

This is a Tax Abatement Agreement contract, documented as a agenda record.

Where was this contract approved?

This contract appears in town-of-section-agenda-2024-02-20_106.pdf (Agenda), dated February 20, 2024 from Town of Section. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Voestalpine Railway Systems Nortrak hold?

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

What is Town of Section currently buying?

Explore Town of Section's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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