CONTRACTPENDING

Tax incentive for Norstein Properties, LLC

Town of Concord
Disclosed value
$51,408
From agenda
Document date
May 11, 2023
Term
3 year

The 30-second brief

What it covers

The City of Concord is considering granting a three-year/85% tax-based center city economic development grant to Norstein Properties, LLC, to redevelop two properties located at 69 and 75 Corban Avenue SE, Concord, North Carolina 28025 and having an investment of approximately $4,200,000 in real and personal property.

Who holds it

Norstein Properties holds this economic development incentive grant contract with Town of Concord. Its other public contracts on record include work for City of Concord city.

What happens next

Term as filed: 3 year.

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Contract details

Contract type
Economic Development Incentive Grant
Amount
$51,408
Document date
May 11, 2023
Term
3 year
Source document
city-of-concord-council-agenda-may-11-2023_39f.pdf (Agenda)

Norstein Properties's other public contracts

More Town of Concord contracts

Questions about this contract

Who was awarded the economic development incentive grant contract by Town of Concord?

Norstein Properties was awarded this economic development incentive grant contract by Town of Concord, as recorded on May 11, 2023. The contract value is $51,408.

How much is the Norstein Properties contract with Town of Concord worth?

The Norstein Properties contract with Town of Concord is valued at $51,408, covering economic development incentive grant work.

What type of contract is this?

This is a Economic Development Incentive Grant contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-concord-council-agenda-may-11-2023_39f.pdf (Agenda), dated May 11, 2023 from Town of Concord. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Norstein Properties hold?

Norstein Properties 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 Town of Concord currently buying?

Explore Town of Concord's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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