Board Approves 10-Year Tax Abatement Deal with Cipher Mining
Mitchell County Hospital DistrictPublic Hospital · Colorado City, TX- Disclosed value
- $250,000 one-time payment in January 2026; $920,000 per year for 10 years to hospital; $75,000 per year for 10 years to Foundation
- From minutes
- Approved
- Dec 15, 2025
- Term
- January 2026 – December 2035 (10 years)
- Renews
- Free account
The 30-second brief
The Mitchell County Hospital District Board approved a 10-year Tax Abatement Agreement with Cipher Mining, which includes a $250,000 one-time payment, $920,000 annual payments to the hospital, and $75,000 annual payments to the Foundation.
Cipher Mining holds this contract with Mitchell County Hospital District. Its other public contracts on record include work for City of Colorado and Colorado Isd.
The renewal date is on record. A free account shows it, with the renewals for every Mitchell County Hospital District contract.
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Contract details
- Amount
- $250,000 one-time payment in January 2026; $920,000 per year for 10 years to hospital; $75,000 per year for 10 years to Foundation
- Document date
- December 15, 2025
- Term
- January 2026 – December 2035 (10 years)
- Renews
- Free account
- Vendor
- Cipher Mining
- Source document
- Mitchell County Hospital District Board Meeting Minutes December 2025 (Minutes)
Cipher Mining's other public contracts
More Mitchell County Hospital District contracts
Questions about this contract
Who was awarded the government contract by Mitchell County Hospital District?
Cipher Mining was awarded this government contract by Mitchell County Hospital District, as recorded on December 15, 2025. The contract value is $250,000 one-time payment in January 2026; $920,000 per year for 10 years to hospital; $75,000 per year for 10 years to Foundation.
How much is the Cipher Mining contract with Mitchell County Hospital District worth?
The Cipher Mining contract with Mitchell County Hospital District is valued at $250,000 one-time payment in January 2026; $920,000 per year for 10 years to hospital; $75,000 per year for 10 years to Foundation.
What type of contract is this?
This is a government contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Mitchell County Hospital District Board Meeting Minutes December 2025 (Minutes), dated December 15, 2025 from Mitchell County Hospital District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Cipher Mining hold?
Cipher Mining 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 Mitchell County Hospital District currently buying?
Explore Mitchell County Hospital District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.