FINANCIAL_SERVICESAPPROVED

Lyon County Awards Financial Services Contract to Bend Rite Fabrication Inc (August 2026)

The Lyon County Board of Commissioners approved a four-year property tax abatement for Bend Rite Fabrication Inc on its industrial parcel in Marshall. The county will rebate a declining percentage of increased property taxes, beginning with 80% in the first year and decreasing to 20% by year four, contingent on timely tax payments.

Status
APPROVED
Document date
August 3, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Bend Rite Fabrication Inc
Agency
Lyon County · MN

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
Four-year abatement period beginning two taxes payable years following the year of application, or not more than two years following approval of this resolution, whichever is first
Renewal date
2032-12-30
Renewal
Abatement is structured as a fixed four-year declining schedule and becomes null and void if property taxes are not paid by due dates; no renewal or extension provisions are stated.
Document type
Resolution
Source document
Lyon County Resolution Approving Tax Abatement for Bend Rite Fabrication Inc 2026-08-04

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Lyon County?

Bend Rite Fabrication Inc was awarded this financial services contract by Lyon County, as recorded on August 3, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record.

Where was this contract approved?

This contract appears in Lyon County Resolution Approving Tax Abatement for Bend Rite Fabrication Inc 2026-08-04 (Resolution), dated August 3, 2026 from Lyon County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bend Rite Fabrication Inc hold?

Bend Rite Fabrication 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.

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What is Lyon County currently buying?

Explore Lyon County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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