City of Franklin Awards $600,000 Tax Incentive Contract to Holley Performance Products (June 2019)
City of FranklinCity · Franklin, KY- Disclosed value
- $600,000
- From agenda
- Approved
- Jun 24, 2019
- Term
- 10 years
The 30-second brief
City to forego collection of 1% occupational license fee on Holley Performance Products' wages for 10 years.This initiative is part of the Kentucky Business Investment Program (KBI), and aims to boost local economic growth and job creation.
Holley Performance Products holds this tax incentive contract with City of Franklin. Its other public contracts on record include work for Carter County.
Term as filed: 10 years.
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Contract details
- Contract type
- Tax Incentive
- Amount
- $600,000
- Document date
- June 24, 2019
- Term
- 10 years
- Agency
- City of Franklin
- Source document
- city-of-franklin-agenda-2019-06-24_d2c.pdf (Agenda)
Holley Performance Products's other public contracts
More City of Franklin contracts
Questions about this contract
Who was awarded the tax incentive contract by City of Franklin?
Holley Performance Products was awarded this tax incentive contract by City of Franklin, as recorded on June 24, 2019. The contract value is $600,000.
How much is the Holley Performance Products contract with City of Franklin worth?
The Holley Performance Products contract with City of Franklin is valued at $600,000, covering tax incentive work.
What type of contract is this?
This is a Tax Incentive contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city-of-franklin-agenda-2019-06-24_d2c.pdf (Agenda), dated June 24, 2019 from City of Franklin. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Holley Performance Products hold?
Holley Performance Products 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 Franklin currently buying?
Explore City of Franklin's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.