County moves forward on FILOT with Project 2485
- Disclosed value
- at least $9,260,000 investment; 36 new jobs
- From agenda
- Document date
- Nov 3, 2025
The 30-second brief
Chester County Council gave first reading to Ordinance 2025-23 to authorize a Fee in Lieu of Tax and Incentive Agreement with Project 2485, tied to at least $9.26 million in investment and 36 new jobs. The package includes a negotiated 6% assessment, fixed millage, multicounty industrial park designation, and special source credits for infrastructure.
Project 2485 holds this financial services contract with Chester County.
Term as filed: FILOT term beginning with first property placed in service and running up to 30 years (per Negotiated FILOT structure).
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Contract details
- Contract type
- Financial Services
- Amount
- at least $9,260,000 investment; 36 new jobs
- Document date
- November 3, 2025
- Term
- FILOT term beginning with first property placed in service and running up to 30 years (per Negotiated FILOT structure)
- Vendor
- Project 2485
- Agency
- Chester County
- Source document
- Chester County Council Meeting Agenda November 3 2025 (Agenda)
Project 2485's other public contracts
More Chester County contracts
Questions about this contract
Who was awarded the financial services contract by Chester County?
Project 2485 was awarded this financial services contract by Chester County, as recorded on November 3, 2025. The contract value is at least $9,260,000 investment; 36 new jobs.
How much is the Project 2485 contract with Chester County worth?
The Project 2485 contract with Chester County is valued at at least $9,260,000 investment; 36 new jobs, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in Chester County Council Meeting Agenda November 3 2025 (Agenda), dated November 3, 2025 from Chester County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Project 2485 hold?
Project 2485 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 Chester County currently buying?
Explore Chester County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.