CONTRACTAPPROVED

City of Waterville city Awards Tax Abatement Contract to Kaufman Engineered Systems (April 2025)

City of Waterville city
Approved
Apr 14, 2025
Term
10 years

The 30-second brief

What it covers

Kaufman Engineered Systems/LCR Investments to receive a 10-year, 100% real property tax abatement on a building addition. The project aims to create 16 new full-time jobs with estimated $1,055,000 payroll.

Who holds it

Kaufman Engineered Systems holds this tax abatement contract with City of Waterville city. Its other public contracts on record include work for Town of Roche de Boeuf and Town of Waterville.

What happens next

Term as filed: 10 years.

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Contract details

Contract type
Tax Abatement
Document date
April 14, 2025
Term
10 years
Source document
city-of-waterville-city-meeting-minutes-2025-04-14_4fc.pdf (Meeting Minutes)

Kaufman Engineered Systems's other public contracts

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Questions about this contract

Who was awarded the tax abatement contract by City of Waterville city?

Kaufman Engineered Systems was awarded this tax abatement contract by City of Waterville city, as recorded on April 14, 2025.

What type of contract is this?

This is a Tax Abatement contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in city-of-waterville-city-meeting-minutes-2025-04-14_4fc.pdf (Meeting Minutes), dated April 14, 2025 from City of Waterville city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Kaufman Engineered Systems hold?

Kaufman Engineered Systems 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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What is City of Waterville city currently buying?

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