Payment in Lieu of Taxes (PILOT)pending

Henderson Court Eyes $80K PILOT for Renovations

Henderson Court seeks a 17-year PILOT agreement with Bloomington. The deal starts at $80,400 annually with a 3% increase to facilitate renovations for affordable units, requiring HUD Section 8 HAP for 60% AMI.

Status
pending
Document date
June 4, 2025
Contract type
Payment in Lieu of Taxes (PILOT)
Vendor
Henderson Court
Agency
City of Bloomington · IN

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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

Scope & details

The full contract record, as filed.

Contract amount
$80,400
Contract type
Payment in Lieu of Taxes (PILOT)
Contract term
17 years
Document type
Agenda
Source document
city-of-bloomingtonagenda-2025-06-04_f4e.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the payment in lieu of taxes (pilot) contract by City of Bloomington?

Henderson Court was awarded this payment in lieu of taxes (pilot) contract by City of Bloomington, as recorded on June 4, 2025. The contract value is $80,400.

How much is the Henderson Court contract with City of Bloomington worth?

The Henderson Court contract with City of Bloomington is valued at $80,400, covering payment in lieu of taxes (pilot) work.

What type of contract is this?

This is a Payment In Lieu Of Taxes (Pilot) contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-bloomingtonagenda-2025-06-04_f4e.pdf (Agenda), dated June 4, 2025 from City of Bloomington. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Henderson Court hold?

Henderson Court may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Henderson Court's profile

What is City of Bloomington currently buying?

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

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