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Stratus Development Tax Incentive Approved for 7 years

City of North Plains
Document date
Sep 3, 2024
Term
7 years

The 30-second brief

What it covers

Stratus Development financing Transportation Development Tax for 200,000 sq ft industrial building over 7 years. Finance Director Bill Reid explained how business on the property at 28925 NW West Union Road will be financing their Transportation Development Tax

Who holds it

Stratus Development holds this tax incentive contract with City of North Plains. Its other public contracts on record include work for Town of Leipzig and Town of North Plains.

What happens next

Term as filed: 7 years.

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Contract details

Contract type
Tax Incentive
Document date
September 3, 2024
Term
7 years
Vendor
Stratus Development
Agency
City of North Plains
Source document
city-of-north-plains-meeting-minutes-2024-09-03_b6b.pdf (Meeting Minutes)

Stratus Development's other public contracts

City of North Plains, OregonTDT Installment Agreement With Stratus Development · Sep 16, 2024UndisclosedTown of Leipzig, North DakotaStratus Secures TDT Financing Agreement · Sep 3, 2024$1.3MTown of North Plains, MichiganStratus Development Secures $1.3M Bancroft Financing Agreement · Sep 3, 2024$133.1KTown of North Plains, MichiganStratus Development finances Transportation Development Tax · Sep 3, 2024UndisclosedTown of Leipzig, North DakotaStratus Development finances Transportation Development Tax · Sep 3, 2024UndisclosedAll Stratus Development contractsVendor profile

More City of North Plains contracts

3j ConsultingNorth Plains Plans New 3J Consulting Contract · Oct 14, 2026Undisclosed3j ConsultingNorth Plains Continues Municipal Work With 3J Consulting · Oct 14, 2026Undisclosed3j Consulting3J Consulting Continues North Plains Vision Plan · Oct 5, 2026Merina & CoNorth Plains Continues Merina Accounting Engagement · Oct 5, 2026UndisclosedGMPGMP Proposal Considered for North Plains Manager Search · Oct 5, 2026All City of North Plains activityAgency profile

Questions about this contract

Who was awarded the tax incentive contract by City of North Plains?

Stratus Development was awarded this tax incentive contract by City of North Plains, as recorded on September 3, 2024.

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-north-plains-meeting-minutes-2024-09-03_b6b.pdf (Meeting Minutes), dated September 3, 2024 from City of North Plains. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Stratus Development hold?

Stratus Development 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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