City of Kent Council Meeting Agenda December 2025
Kent Considers CRA Incentive for Clerac/Enterprise Holdings
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Description
Alongside Pingree 2000 Real Estate Holdings, Kent plans a CRA tax exemption agreement with Clerac, LLC (also known as Enterprise Holdings, LLC) tied to renovations at 1225 West Main Street. The ordinance would formalize the property tax incentive as emergency legislation.
Contract Details
Vendor
CLERAC LLC AKA ENTERPRISE HOLDINGS LLC
Agency
City of Kent, OH
Contract Type
FINANCIAL_SERVICES
Document Date
December 17, 2025
Renewal Info
The CRA agreement with Clerac/Enterprise Holdings would follow a defined abatement term set in the final contract; the agenda does not state duration details.
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