CONTRACTAPPROVED

City Approves $938 Tax Rebate for Ex Nihilo

City of Newton logoCity of Newton
Disclosed value
$938.00
From report
Approved
Sep 15, 2025
Term
FY 2025/26 (first half)

The 30-second brief

What it covers

The Newton City Council approved a $938.00 property tax rebate to Ex Nihilo for the 107 1st Ave W property under a 2023 development agreement. The rebate covers 100% of TIF property taxes for the first half of FY 2025/26.

Who holds it

Ex Nihilo holds this contract with City of Newton.

What happens next

Term as filed: FY 2025/26 (first half).

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Contract details

Amount
$938.00
Document date
September 15, 2025
Term
FY 2025/26 (first half)
Vendor
Ex Nihilo
Source document
city-of-newton-council-report-on-property-tax-rebate_fb9.pdf (Report)

Ex Nihilo's other public contracts

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Questions about this contract

Who was awarded the government contract by City of Newton?

Ex Nihilo was awarded this government contract by City of Newton, as recorded on September 15, 2025. The contract value is $938.00.

How much is the Ex Nihilo contract with City of Newton worth?

The Ex Nihilo contract with City of Newton is valued at $938.00.

What type of contract is this?

This is a government contract, documented as a report record.

Where was this contract approved?

This contract appears in city-of-newton-council-report-on-property-tax-rebate_fb9.pdf (Report), dated September 15, 2025 from City of Newton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Ex Nihilo hold?

Ex Nihilo 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 Newton currently buying?

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

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