CONTRACTPENDING

Kubtec to get offered 10-Year freeze followed by 5-Year phase

Document date: Apr 21, 2025

What it covers

Committee is considering offering Kubtec an agreement with a 10-year tax freeze followed by a 5-year phased tax schedule to encourage their investment into the property. This incentive aims to prevent further decline and remediate the current foreclosure status of the property.

Who holds it

KUBTEC holds this tax abatement contract with Town of Trumbull. Its other public contracts on record include work for Cgh Medical Center and Trumbull village.

What happens next

Term as filed: 10-year tax freeze followed by a 5-year phased tax schedule.

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Contract details

Contract type: Tax Abatement
Document date: April 21, 2025
Term: 10-year tax freeze followed by a 5-year phased tax schedule
Vendor: KUBTEC
Agency: Town of Trumbull
Source document: town-of-trumbull-meeting-minutes-2025-04-21_92a.pdf (Meeting Minutes)

KUBTEC's other public contracts

Cgh Medical Center, IllinoisCGH Committee to Consider KUBTEC Imaging System · Sep 21, 2026Undisclosed Trumbull village, NebraskaKubtec to receive 20 year tax abetment deal · Jun 2, 2025$3M Trumbull Metropolitan Housing Authority, OhioKubtec receives approval for 20-year tax abatement · Jun 2, 2025$3M Trumbull Metropolitan Housing Authority, OhioKubtec Receives 20-Year Tax Abatement Approval · May 8, 2025$3M Trumbull village, NebraskaKubtec Receives 20-Year Tax Abatement for Development · May 8, 2025$3M All KUBTEC contractsVendor profile

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Questions about this contract

Who was awarded the tax abatement contract by Town of Trumbull?

KUBTEC was awarded this tax abatement contract by Town of Trumbull, as recorded on April 21, 2025.

What type of contract is this?

This is a Tax Abatement contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in town-of-trumbull-meeting-minutes-2025-04-21_92a.pdf (Meeting Minutes), dated April 21, 2025 from Town of Trumbull. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does KUBTEC hold?

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

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