CONTRACTAPPROVED

Town of Section Awards $4,000,000 Tax Abatement Contract to Voestalpine Railway Systems Nortrak (February 2024)

Disclosed value: $4,000,000.00; From meeting minutes
Approved: Feb 20, 2024

What it covers

Resolution amends a prior authorization for Mayor James D. Stewart, Jr., or his designee, to execute a tax abatement agreement with voestalpine Railway Systems Nortrak LLC related to a $4,000,000.00 addition.

Who holds it

Voestalpine Railway Systems Nortrak holds this tax abatement contract with Town of Section. Its other public contracts on record include work for Town of Trafford and Irondale village.

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Contract details

Contract type: Tax Abatement
Amount: $4,000,000.00
Document date: February 20, 2024
Term: NA
Vendor: Voestalpine Railway Systems Nortrak
Agency: Town of Section
Source document: town-of-section-meeting-minutes-2024-02-20_d7a.pdf (Meeting Minutes)

Voestalpine Railway Systems Nortrak's other public contracts

Town of Trafford, AlabamaTax Abatement Approved for Voestalpine Railway Systems Nortrak · Feb 20, 2024$4M Irondale village, Ohioirondale-city-council-agenda-2024-02-20-pdf_900.pdf · Feb 20, 2024$4M City of Irondale, AlabamaVoestalpine Railway Systems Nortrak LLC gets tax abatement · Feb 20, 2024$4M City of Irondale, Missouri$4M Tax abatement agreement approved for voestalpine · Feb 20, 2024$4M City of Irondale, Missourivoestalpine gets tax break for $4M expansion. · Feb 20, 2024$4M All Voestalpine Railway Systems Nortrak contractsVendor profile

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Questions about this contract

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

Voestalpine Railway Systems Nortrak was awarded this tax abatement contract by Town of Section, as recorded on February 20, 2024. The contract value is $4,000,000.00.

How much is the Voestalpine Railway Systems Nortrak contract with Town of Section worth?

The Voestalpine Railway Systems Nortrak contract with Town of Section is valued at $4,000,000.00, covering tax abatement work.

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-section-meeting-minutes-2024-02-20_d7a.pdf (Meeting Minutes), dated February 20, 2024 from Town of Section. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Voestalpine Railway Systems Nortrak hold?

Voestalpine Railway Systems Nortrak 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 Town of Section currently buying?

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

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