Town of South Windsor Awards $71,000,000 Tax Abatement Contract to Project Fin (April 2024)
Town of South WindsorCity · South Windsor, CT- Disclosed value
- $71,000,000
- From meeting minutes
- Approved
- Apr 15, 2024
- Term
- 7 years
The 30-second brief
South Windsor Town Council approves tax abatement agreement with Project Fin, an out-of-state company, for a development project at 50 Talbot Lane. The agreement spans seven years and is contingent upon Project Fin investing an estimated $71 million for upgrades and expansion. This is expected to create 210 jobs in South Windsor.
Project Fin holds this tax abatement contract with Town of South Windsor. Its other public contracts on record include work for South Windsor Housing Authority.
Term as filed: 7 years.
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Contract details
- Contract type
- Tax Abatement
- Amount
- $71,000,000
- Document date
- April 15, 2024
- Term
- 7 years
- Vendor
- Project Fin
- Agency
- Town of South Windsor
- Source document
- town-of-south-windsor-meeting-minutes-2024-04-15_a41.pdf (Meeting Minutes)
Project Fin's other public contracts
More Town of South Windsor contracts
Questions about this contract
Who was awarded the tax abatement contract by Town of South Windsor?
Project Fin was awarded this tax abatement contract by Town of South Windsor, as recorded on April 15, 2024. The contract value is $71,000,000.
How much is the Project Fin contract with Town of South Windsor worth?
The Project Fin contract with Town of South Windsor is valued at $71,000,000, 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-south-windsor-meeting-minutes-2024-04-15_a41.pdf (Meeting Minutes), dated April 15, 2024 from Town of South Windsor. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Project Fin hold?
Project Fin 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 South Windsor currently buying?
Explore Town of South Windsor's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.