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FINANCIAL_SERVICESAPPROVED

City of Avon Lake Collective Committee Meeting Agenda Packet 2026-05-18

Penske Truck Leasing Granted 2025 Jobs Growth Incentive

$173.84City of Avon LakePENSKE TRUCK LEASINGMay 18, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Penske Truck Leasing will receive a 2025 Jobs Growth Incentive award of $173.84 from Avon Lake. The incentive acknowledges the company’s expanding payroll and related tax revenues.

Contract Details

Contract Amount

$173.84

Vendor

PENSKE TRUCK LEASING

Agency

City of Avon Lake, OH

Contract Type

FINANCIAL_SERVICES

Document Date

May 18, 2026

Contract Term

Tax year 2025

Renewal Date

2026-12-31

Renewal Info

Annual awards may continue with further documented tax growth.

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