Newton Approves 3-Year Tax Abatement for Avcon Industries
City of NewtonCity · Newton, KS- Disclosed value
- Estimated capital investment $875,000; improvements required ≥$200,000, machinery and equipment ~$340,000; property, 3-year tiered abatement
- From agenda
- Approved
- Dec 23, 2025
- Renews
- Free account
The 30-second brief
The City of Newton approved a 3-year, tiered property tax abatement agreement with Avcon Industries, Inc. for improvements and equipment at 532 North Oliver Road. The abatement covers new valuation related to manufacturing expansion and requires job creation and capital investment benchmarks. The action was finalized at the December 23, 2025 commission meeting.
Avcon Industries Inc holds this contract with City of Newton. Its other public contracts on record include work for Lee County Hyacinth Control District.
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Contract details
- Amount
- Estimated capital investment $875,000; improvements required ≥$200,000, machinery and equipment ~$340,000; property, 3-year tiered abatement
- Document date
- December 23, 2025
- Term
- 3 years (tiered abatement: years 1-3), starting Dec 23, 2025 upon County/State approval
- Renews
- On record
- Vendor
- Avcon Industries Inc
- Agency
- City of Newton
- Source document
- city_of_newton_regular_commission_meeting_agenda_d.pdf (Agenda)
Avcon Industries Inc's other public contracts
More City of Newton contracts
Questions about this contract
Who was awarded the government contract by City of Newton?
Avcon Industries Inc was awarded this government contract by City of Newton, as recorded on December 23, 2025. The contract value is Estimated capital investment $875,000; improvements required ≥$200,000, machinery and equipment ~$340,000; property, 3-year tiered abatement.
How much is the Avcon Industries Inc contract with City of Newton worth?
The Avcon Industries Inc contract with City of Newton is valued at Estimated capital investment $875,000; improvements required ≥$200,000, machinery and equipment ~$340,000; property, 3-year tiered abatement.
What type of contract is this?
This is a government contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city_of_newton_regular_commission_meeting_agenda_d.pdf (Agenda), dated December 23, 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 Avcon Industries Inc hold?
Avcon Industries 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.
What is City of Newton currently buying?
Explore City of Newton's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.