City of Concord city Awards $749,700 Tax-Based Economic Industrial Spec Grant Contract to HSREI (February 2025)
City of Concord cityCity · Concord, NC- Disclosed value
- $749,700
- From minutes
- Approved
- Feb 13, 2025
- Term
- 3 years
The 30-second brief
City of Concord approves a three-year/85% tax-based economic industrial spec grant to HSREI, LLC, incentivizing their location at 4295 Defender Way. This grant, estimated at $749,700, is part of a $65-70 million investment in a manufacturing facility.
HSREI holds this tax-based economic industrial spec grant contract with City of Concord city. Its other public contracts on record include work for Housing Authority of the city of Concord and Town of Concord.
Term as filed: 3 years.
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Contract details
- Contract type
- Tax-Based Economic Industrial Spec Grant
- Amount
- $749,700
- Document date
- February 13, 2025
- Term
- 3 years
- Vendor
- HSREI
- Agency
- City of Concord city
- Source document
- city-of-concord-city-council-meeting-minutes-february-13-2025_518.pdf (Minutes)
HSREI's other public contracts
More City of Concord city contracts
Questions about this contract
Who was awarded the tax-based economic industrial spec grant contract by City of Concord city?
HSREI was awarded this tax-based economic industrial spec grant contract by City of Concord city, as recorded on February 13, 2025. The contract value is $749,700.
How much is the HSREI contract with City of Concord city worth?
The HSREI contract with City of Concord city is valued at $749,700, covering tax-based economic industrial spec grant work.
What type of contract is this?
This is a Tax-Based Economic Industrial Spec Grant contract, documented as a minutes record.
Where was this contract approved?
This contract appears in city-of-concord-city-council-meeting-minutes-february-13-2025_518.pdf (Minutes), dated February 13, 2025 from City of Concord city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does HSREI hold?
HSREI 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 Concord city currently buying?
Explore City of Concord city's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.