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FINANCIAL_SERVICESAPPROVED

City of Newton Agenda 2026-05-26

City Approves Incentive Grant for Barkman Honey Expansion

Not to exceed $15,500 totalTown of NewtonBARKMAN HONEY LLCMay 26, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The City of Newton approved an economic development grant agreement and ordinance with Barkman Honey, LLC, authorizing periodic property tax rebate payments for improvement and continued operation of its manufacturing facility. The three-year incentive, capped at $15,500, is paid from city tax funds and subject to performance terms.

Contract Details

Contract Amount

Not to exceed $15,500 total

Vendor

BARKMAN HONEY LLC

Agency

Town of Newton, KS

Contract Type

FINANCIAL_SERVICES

Document Date

May 26, 2026

Contract Term

Three years (2026-2028 tax years), payments based on property's city share of taxes, structured at 75% (Year 1), 50% (Year 2), 25% (Year 3)

Renewal Date

2029-05-26

Renewal Info

No automatic renewal; agreement runs for three years, subject to City’s continuation of operations and legal compliance.

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