City of Salisbury Awards $3,140,000 Tax Incentive Contract to Rp Salisbury Partners (April 2024)
City of SalisburyCity · Salisbury, NC- Disclosed value
- $3,140,000
- From meeting minutes
- Approved
- Apr 16, 2024
- Term
- 5 years
The 30-second brief
Level 3 incentive grant to RP Salisbury Partners, LLC equal to 85% of real property taxes, valued at $3.14 million, paid in annual installments over five years for industrial park development.
Rp Salisbury Partners holds this tax incentive contract with City of Salisbury. Its other public contracts on record include work for Town of Salisbury.
Term as filed: 5 years.
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Contract details
- Contract type
- Tax Incentive
- Amount
- $3,140,000
- Document date
- April 16, 2024
- Term
- 5 years
- Vendor
- Rp Salisbury Partners
- Agency
- City of Salisbury
- Source document
- city-of-salisbury-meeting-minutes-2024-04-16_dee.pdf (Meeting Minutes)
Rp Salisbury Partners's other public contracts
More City of Salisbury contracts
Questions about this contract
Who was awarded the tax incentive contract by City of Salisbury?
Rp Salisbury Partners was awarded this tax incentive contract by City of Salisbury, as recorded on April 16, 2024. The contract value is $3,140,000.
How much is the Rp Salisbury Partners contract with City of Salisbury worth?
The Rp Salisbury Partners contract with City of Salisbury is valued at $3,140,000, covering tax incentive work.
What type of contract is this?
This is a Tax Incentive contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in city-of-salisbury-meeting-minutes-2024-04-16_dee.pdf (Meeting Minutes), dated April 16, 2024 from City of Salisbury. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Rp Salisbury Partners hold?
Rp Salisbury Partners 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 City of Salisbury currently buying?
Explore City of Salisbury's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.