Fall River village Awards $20,186,138 Tax Increment Exemption (Tie) Contract to 295 Bedford Street (March 2025)
Fall River villageCity · WI- Disclosed value
- $20,186,138
- From minutes
- Approved
- Mar 25, 2025
- Term
- 10 years
The 30-second brief
City Council approved the TIE agreement for 295 Bedford Street LLC, involving a total project cost of $20,186,138. The TIE provides an 80% exemption in years 1-5 and a 20% exemption in years 6-10, contingent on HDIP Tax Credit award and Certified Project Status approval.
295 Bedford Street holds this tax increment exemption (tie) contract with Fall River village. Its other public contracts on record include work for City of Fall River and Town of Fall River.
Term as filed: 10 years.
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Contract details
- Contract type
- Tax Increment Exemption (Tie)
- Amount
- $20,186,138
- Document date
- March 25, 2025
- Term
- 10 years
- Vendor
- 295 Bedford Street
- Agency
- Fall River village
- Source document
- city-of-fall-river-city-council-meeting-minutes-march-25-2025_495.pdf (Minutes)
295 Bedford Street's other public contracts
More Fall River village contracts
Questions about this contract
Who was awarded the tax increment exemption (tie) contract by Fall River village?
295 Bedford Street was awarded this tax increment exemption (tie) contract by Fall River village, as recorded on March 25, 2025. The contract value is $20,186,138.
How much is the 295 Bedford Street contract with Fall River village worth?
The 295 Bedford Street contract with Fall River village is valued at $20,186,138, covering tax increment exemption (tie) work.
What type of contract is this?
This is a Tax Increment Exemption (Tie) contract, documented as a minutes record.
Where was this contract approved?
This contract appears in city-of-fall-river-city-council-meeting-minutes-march-25-2025_495.pdf (Minutes), dated March 25, 2025 from Fall River village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does 295 Bedford Street hold?
295 Bedford Street 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 Fall River village currently buying?
Explore Fall River village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.