City approves rebate agreement with Barkman Honey
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Description
Newton approved an economic development rebate agreement with Barkman Honey providing up to $15,500 over three years to support a $4 million facility expansion and job creation. Rebates are structured at 75%, 50%, and 25% in years one through three, contingent on ongoing operations and compliance.
Contract Details
Contract Amount
maximum amount of $15,500
Vendor
BARKMAN HONEY
Agency
Town of Newton, KS
Contract Type
FINANCIAL_SERVICES
Document Date
June 9, 2026
Contract Term
Year 1: 75% rebate; Year 2: 50% rebate; Year 3: 25% rebate
Renewal Info
Three-year declining rebate schedule; no additional funding beyond the $15,500 maximum without further City action.
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