City of Wickliffe Awards Financial Services Contract to Lubrizol Advanced Materials Inc (May 2026)

Wickliffe authorized a Community Reinvestment Area Agreement that includes Lubrizol Advanced Materials, Inc., providing a 75% real property tax exemption for ten years on improvements at its new headquarters and R&D facility. The Mayor is empowered to finalize and execute the agreement and related documents.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Ten (10) years, 75% real property tax exemption

Renewal

Agreement provides a 10-year, 75% real property tax exemption; no explicit renewal or extension options are described in the resolution.

Document type

Resolution

Source document

City of Wickliffe Resolution 2026-09 Community Reinvestment Area Agreement with The Lubrizol Corporation 2026-05-18

Related contracts

Other contracts from Lubrizol Advanced Materials Inc.

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City of Wickliffe City Council Minutes 2026-04-13

APPROVED

City of Wickliffe, OhioApr 13, 2026

City of Wickliffe City Council Minutes 2026-04-13

APPROVED

City of Wickliffe, OhioApr 13, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Wickliffe?

Lubrizol Advanced Materials Inc was awarded this financial services contract by City of Wickliffe, as recorded on May 18, 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 City of Wickliffe Resolution 2026-09 Community Reinvestment Area Agreement with The Lubrizol Corporation 2026-05-18 (Resolution), dated May 18, 2026 from City of Wickliffe. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Lubrizol Advanced Materials Inc hold?

Lubrizol Advanced Materials 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.

View Lubrizol Advanced Materials Inc's profile

What is City of Wickliffe currently buying?

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