City of Kent Regular City Council Meeting Minutes December 2025
CRA Tax Exemption Approved for Pingree 2000 Project
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Description
Kent City Council approved a Community Reinvestment Area tax exemption agreement with Pingree 2000 Real Estate Holdings, LLC for renovation of the property at 1225 West Main Street. The CRA deal provides a real property tax exemption to support the redevelopment project.
Contract Details
Vendor
PINGREE 2000 REAL ESTATE HOLDINGS LLC
Agency
Portage Area Regional Transit Authority, OH
Contract Type
FINANCIAL_SERVICES
Document Date
December 17, 2025
Renewal Info
Community Reinvestment Area tax exemption terms are set by the approved agreement; duration and renewal provisions are not specified in the minutes.
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