City of St. Charles Awards $120,000 Tax Abatement Contract to Pearson Properties (June 2022)
City of St. CharlesCity · MN- Disclosed value
- $120,000
- From agenda
- Approved
- Jun 14, 2022
- Term
- 10 years
The 30-second brief
City of St. Charles approves tax abatement for Pearson Properties, Inc. for housing project. The city will abate 60% of new taxes generated by the project for up to 10 years, not exceeding $120,000.
Pearson Properties holds this tax abatement contract with City of St. Charles.
Term as filed: 10 years.
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Contract details
- Contract type
- Tax Abatement
- Amount
- $120,000
- Document date
- June 14, 2022
- Term
- 10 years
- Vendor
- Pearson Properties
- Agency
- City of St. Charles
- Source document
- city-of-st-charles-agenda-2022-06-14_da2.pdf (Agenda)
Pearson Properties's other public contracts
More City of St. Charles contracts
Questions about this contract
Who was awarded the tax abatement contract by City of St. Charles?
Pearson Properties was awarded this tax abatement contract by City of St. Charles, as recorded on June 14, 2022. The contract value is $120,000.
How much is the Pearson Properties contract with City of St. Charles worth?
The Pearson Properties contract with City of St. Charles is valued at $120,000, covering tax abatement work.
What type of contract is this?
This is a Tax Abatement contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city-of-st-charles-agenda-2022-06-14_da2.pdf (Agenda), dated June 14, 2022 from City of St. Charles. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Pearson Properties hold?
Pearson Properties 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 St. Charles currently buying?
Explore City of St. Charles's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.