CONTRACTAPPROVED

Town of Balance of Oliver Awards $1,600,000 Tax Abatement Contract to Coop Elevator (May 2025)

Town of Balance of Oliver
Disclosed value
$1,600,000
From meeting minutes
Approved
May 6, 2025
Term
12 years

The 30-second brief

What it covers

Co-op Elevator Company receives approval for a 50% tax abatement over 12 years for its $1.6 million project involving new fertilizer storage tanks.

Who holds it

Coop Elevator holds this tax abatement contract with Town of Balance of Oliver. Its other public contracts on record include work for McClusky-Goodrich Public School District 29 and Town of McClusky.

What happens next

Term as filed: 12 years.

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Contract details

Contract type
Tax Abatement
Amount
$1,600,000
Document date
May 6, 2025
Term
12 years
Source document
town-of-balance-of-oliver-meeting-minutes-2025-05-06_4e7.pdf (Meeting Minutes)

Coop Elevator's other public contracts

More Town of Balance of Oliver contracts

Questions about this contract

Who was awarded the tax abatement contract by Town of Balance of Oliver?

Coop Elevator was awarded this tax abatement contract by Town of Balance of Oliver, as recorded on May 6, 2025. The contract value is $1,600,000.

How much is the Coop Elevator contract with Town of Balance of Oliver worth?

The Coop Elevator contract with Town of Balance of Oliver is valued at $1,600,000, covering tax abatement work.

What type of contract is this?

This is a Tax Abatement contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in town-of-balance-of-oliver-meeting-minutes-2025-05-06_4e7.pdf (Meeting Minutes), dated May 6, 2025 from Town of Balance of Oliver. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Coop Elevator hold?

Coop Elevator 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 Town of Balance of Oliver currently buying?

Explore Town of Balance of Oliver's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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