City of Torrington Awards Tax Abatement Contract to Torrington Main Street Development (October 2025)
- Approved
- Oct 20, 2025
- Term
- 10 years
The 30-second brief
Tax abatement granted to Torrington Main Street Development Corporation for property at 11 Main Street. Assessed value increased to $1.475 million and City is projected to receive approximately $350,000 more in tax revenue over ten years due to redevelopment.
Torrington Main Street Development holds this tax abatement contract with City of Torrington. Its other public contracts on record include work for Torrington Housing Authority.
Term as filed: 10 years.
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Contract details
- Contract type
- Tax Abatement
- Document date
- October 20, 2025
- Term
- 10 years
- Agency
- City of Torrington
- Source document
- city-of-torrington-city-council-meeting-minutes-october-20-2025_e6a.pdf (Minutes)
Torrington Main Street Development's other public contracts
More City of Torrington contracts
Questions about this contract
Who was awarded the tax abatement contract by City of Torrington?
Torrington Main Street Development was awarded this tax abatement contract by City of Torrington, as recorded on October 20, 2025.
What type of contract is this?
This is a Tax Abatement contract, documented as a minutes record.
Where was this contract approved?
This contract appears in city-of-torrington-city-council-meeting-minutes-october-20-2025_e6a.pdf (Minutes), dated October 20, 2025 from City of Torrington. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Torrington Main Street Development hold?
Torrington Main Street Development 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 City of Torrington currently buying?
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