Noblesville Housing Authority Awards Professional Services Contract to Sexton Biotechnologies Inc (June 2026)

Scope & details

The full contract record, as filed.

Contract amount

$1,000,000 forgivable loan; $5,000,000 personal property investment; $16,000,000 total project investment

Contract type

PROFESSIONAL_SERVICES

Contract term

Forgivable loan: 7 years (2026–2033, forgiveness if conditions met); Personal property tax abatement: 10 years (Years 1-3: 90%, 4-6: 80%, 7-10: 70%); project completion by Dec 31, 2028; employment must be maintained for 5 years after 2028; tax covenant 15 years from agreement

Renewal date

2036-06-11

Renewal

Personal property tax abatement is for 10 years. Forgivable loan is forgiven if job and investment conditions are met after 5 years of operations commencing Jan 1, 2028; loan due immediately if terms not met. Tax covenant runs 15 years from agreement.

Document type

AgendaPacket

Source document

Noblesville Redevelopment Commission AgendaPacket BioLife Solutions Project 2026-06-11

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Noblesville Common Council Agenda 2026-08-25

PENDING

City of Noblesville, IndianaNot to exceed $1,000,000Aug 25, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the professional services contract by Noblesville Housing Authority?

Sexton Biotechnologies Inc was awarded this professional services contract by Noblesville Housing Authority, as recorded on June 11, 2026. The contract value is $1,000,000 forgivable loan; $5,000,000 personal property investment; $16,000,000 total project investment.

How much is the Sexton Biotechnologies Inc contract with Noblesville Housing Authority worth?

The Sexton Biotechnologies Inc contract with Noblesville Housing Authority is valued at $1,000,000 forgivable loan; $5,000,000 personal property investment; $16,000,000 total project investment, covering professional services work.

What type of contract is this?

This is a Professional Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Noblesville Redevelopment Commission AgendaPacket BioLife Solutions Project 2026-06-11 (AgendaPacket), dated June 11, 2026 from Noblesville Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Sexton Biotechnologies Inc hold?

Sexton Biotechnologies Inc 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 Sexton Biotechnologies Inc's profile

What is Noblesville Housing Authority currently buying?

Explore Noblesville Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Noblesville Housing Authority's profile