CONTRACTPENDING

Considering job creation tax credit to incentivise Trescal

Oakwood village logoOakwood village
Document date
Dec 10, 2024
Term
7 years

The 30-second brief

What it covers

Village Council is considering a job creation tax credit for Trescal to incentivize them to site here and produce payroll. The owner of the building will be compensated for their improvements to the facility and get reimbursed for their improvements. 75% of money will go to Tenant and the Landlord and city get only 25%.

Who holds it

TRESCAL holds this job creation tax credit contract with Oakwood village. Its other public contracts on record include work for Osgood village and Octa village.

What happens next

Term as filed: 7 years.

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Contract details

Contract type
Job Creation Tax Credit
Document date
December 10, 2024
Term
7 years
Vendor
TRESCAL
Source document
oakwood-village-meeting-minutes-2024-12-10_1ac.pdf (Meeting Minutes)

TRESCAL's other public contracts

More Oakwood village contracts

Questions about this contract

Who was awarded the job creation tax credit contract by Oakwood village?

TRESCAL was awarded this job creation tax credit contract by Oakwood village, as recorded on December 10, 2024.

What type of contract is this?

This is a Job Creation Tax Credit contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in oakwood-village-meeting-minutes-2024-12-10_1ac.pdf (Meeting Minutes), dated December 10, 2024 from Oakwood village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does TRESCAL hold?

TRESCAL may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Oakwood village currently buying?

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