Town of Defiance Awards Financial Services Contract to Board of Directors of the Delaware-defiance Joint Economic Development District I (April 2026)

Scope & details

The full contract record, as filed.

Contract amount

JEDD Revenue Contribution equal to 80% of net JEDD income tax revenues, limited to sum of non‑forgiven AOFF Loan debt service, $1,500,000 County Contribution, and any Company Overruns Contributions

Contract type

FINANCIAL_SERVICES

Contract term

From Effective Date in 2026 until full reimbursement of County Contribution, repayment or forgiveness of AOFF Funding, and reimbursement of any Company Overruns Contributions; Agreement term stated from 2026 to a future year during which obligations are outstanding

Renewal

Agreement remains in force until public infrastructure obligations are fully repaid or forgiven; may terminate earlier only once County Contribution and AOFF Loan are satisfied and any Company Overruns Contributions reimbursed.

Document type

Contract

Source document

Delaware-Defiance Joint Economic Development District Contract April 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Defiance?

Board of Directors of the Delaware-defiance Joint Economic Development District I was awarded this financial services contract by Town of Defiance, as recorded on April 6, 2026. The contract value is JEDD Revenue Contribution equal to 80% of net JEDD income tax revenues, limited to sum of non‑forgiven AOFF Loan debt service, $1,500,000 County Contribution, and any Company Overruns Contributions.

How much is the Board of Directors of the Delaware-defiance Joint Economic Development District I contract with Town of Defiance worth?

The Board of Directors of the Delaware-defiance Joint Economic Development District I contract with Town of Defiance is valued at JEDD Revenue Contribution equal to 80% of net JEDD income tax revenues, limited to sum of non‑forgiven AOFF Loan debt service, $1,500,000 County Contribution, and any Company Overruns Contributions, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a contract record.

Where was this contract approved?

This contract appears in Delaware-Defiance Joint Economic Development District Contract April 2026 (Contract), dated April 6, 2026 from Town of Defiance. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Board of Directors of the Delaware-defiance Joint Economic Development District I hold?

Board of Directors of the Delaware-defiance Joint Economic Development District I may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Board of Directors of the Delaware-defiance Joint Economic Development District I's profile

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