CONTRACTPENDING

Mobis Alabama, LLC expansion with tax abatement

City of West Point logoCity of West Point
Disclosed value
$94,600,000
From minutes
Document date
Jan 5, 2023
Term
7 years

See who signed off on this $94.6M contract.

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THE 30-SECOND BRIEF

What it covers

Mobis Alabama, LLC plans to expand its facility on the Kia campus with a $94.6 million investment, creating 60 new jobs, supported by a seven-year PILOT program with a 50% tax abatement from 2024-2030.

Who holds it

Mobis Alabama holds this tax abatement contract with City of West Point.

What happens next

Term as filed: 7 years.

Contract details

Contract type
Tax Abatement
Amount
$94,600,000
Document date
January 5, 2023
Term
7 years
Source document
city-of-west-point-council-work-session-minutes-january-5-2023_c0c.pdf (Minutes)

Mobis Alabama's other public contracts

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Questions about this contract

Who was awarded the tax abatement contract by City of West Point?

Mobis Alabama was awarded this tax abatement contract by City of West Point, as recorded on January 5, 2023. The contract value is $94,600,000.

How much is the Mobis Alabama contract with City of West Point worth?

The Mobis Alabama contract with City of West Point is valued at $94,600,000, covering tax abatement work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-west-point-council-work-session-minutes-january-5-2023_c0c.pdf (Minutes), dated January 5, 2023 from City of West Point. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Mobis Alabama hold?

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

What is City of West Point currently buying?

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

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