CONTRACTAPPROVED

CRA & TIF Incentive for Castle Aviation Expansion Approved

Town of Green logoTown of Green
Approved
Aug 22, 2023

The 30-second brief

What it covers

Green City Council approved a CRA agreement with Castle Aviation for a new hangar and office/storage development at Akron-Canton Airport, providing an 8-year tax incentive. Further tax increment financing (TIF) will follow for up to 30 years.

Who holds it

Castle Aviation holds this contract with Town of Green. Its other public contracts on record include work for City of Quaker.

What happens next

Term as filed: 8-year CRA tax incentive; followed by 22-30 year TIF.

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Contract details

Document date
August 22, 2023
Term
8-year CRA tax incentive; followed by 22-30 year TIF
Source document
town-of-green-committee-meeting-minutes-key-infrastructure-economic-dev-decisions-aug-22-2023_cd5.md (Minutes)

Castle Aviation's other public contracts

More Town of Green contracts

Questions about this contract

Who was awarded the government contract by Town of Green?

Castle Aviation was awarded this government contract by Town of Green, as recorded on August 22, 2023.

What type of contract is this?

This is a government contract, documented as a minutes record.

Where was this contract approved?

This contract appears in town-of-green-committee-meeting-minutes-key-infrastructure-economic-dev-decisions-aug-22-2023_cd5.md (Minutes), dated August 22, 2023 from Town of Green. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Castle Aviation hold?

Castle Aviation 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 Town of Green currently buying?

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

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