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Oak Ridge IDB Sells Land, Incentivizes Project R50

Oak Ridge City School District logoOak Ridge City School District
Disclosed value
$20,000 per acre
From agenda
Document date
Oct 6, 2025
Term
90 days

The 30-second brief

What it covers

Industrial Development Board is selling Parcel Z2-14 and Parcel Z2-15 at Heritage Center Industrial Park to facilitate Project R50. Agreement includes a price of $20,000 per acre and a 15-year fifty percent (50%) tax abatement.

Who holds it

NA holds this land sale contract with Oak Ridge City School District. Its other public contracts on record include work for Town of Ticonderoga and City of Eagan.

What happens next

Term as filed: 90 days.

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Contract details

Contract type
Land Sale
Amount
$20,000 per acre
Document date
October 6, 2025
Term
90 days
Vendor
NA
Agency
Oak Ridge City School District
Source document
industrial-development-board-meeting-agenda-october-6-2025_efd.pdf (Agenda)

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Questions about this contract

Who was awarded the land sale contract by Oak Ridge City School District?

NA was awarded this land sale contract by Oak Ridge City School District, as recorded on October 6, 2025. The contract value is $20,000 per acre.

How much is the NA contract with Oak Ridge City School District worth?

The NA contract with Oak Ridge City School District is valued at $20,000 per acre, covering land sale work.

What type of contract is this?

This is a Land Sale contract, documented as a agenda record.

Where was this contract approved?

This contract appears in industrial-development-board-meeting-agenda-october-6-2025_efd.pdf (Agenda), dated October 6, 2025 from Oak Ridge City School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does NA hold?

NA 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 Oak Ridge City School District currently buying?

Explore Oak Ridge City School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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