Janesville Area MPO Awards $1,897,749 Tif Development Agreement Contract to Pontiac Place Hotel (April 2022)
Janesville Area MPOMPO · Janesville, WI- Disclosed value
- $1,897,749.01
- From resolution
- Approved
- Apr 25, 2022
- Term
- 12 years
The 30-second brief
City approves TIF Development Agreement with Pontiac Place Hotel Associates 2 for hotel construction, with a maximum incentive of $1,897,749.01 over 12 years based on tax increments.
Pontiac Place Hotel holds this tif development agreement contract with Janesville Area MPO. Its other public contracts on record include work for Janesville Neighborhood & Community Services and City of Janesville.
Term as filed: 12 years.
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Contract details
- Contract type
- Tif Development Agreement
- Amount
- $1,897,749.01
- Document date
- April 25, 2022
- Term
- 12 years
- Vendor
- Pontiac Place Hotel
- Agency
- Janesville Area MPO
- Source document
- janesville-area-mpo-resolution-2022-04-25_1e8.pdf (Resolution)
Pontiac Place Hotel's other public contracts
More Janesville Area MPO contracts
Questions about this contract
Who was awarded the tif development agreement contract by Janesville Area MPO?
Pontiac Place Hotel was awarded this tif development agreement contract by Janesville Area MPO, as recorded on April 25, 2022. The contract value is $1,897,749.01.
How much is the Pontiac Place Hotel contract with Janesville Area MPO worth?
The Pontiac Place Hotel contract with Janesville Area MPO is valued at $1,897,749.01, covering tif development agreement work.
What type of contract is this?
This is a Tif Development Agreement contract, documented as a resolution record.
Where was this contract approved?
This contract appears in janesville-area-mpo-resolution-2022-04-25_1e8.pdf (Resolution), dated April 25, 2022 from Janesville Area MPO. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Pontiac Place Hotel hold?
Pontiac Place Hotel 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 Janesville Area MPO currently buying?
Explore Janesville Area MPO's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.