CONTRACTPENDING

County moves forward on FILOT with Project 2485

Chester County logoChester County
Disclosed value
at least $9,260,000 investment; 36 new jobs
From agenda
Document date
Nov 3, 2025

The 30-second brief

What it covers

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.

Who holds it

Project 2485 holds this financial services contract with Chester County.

What happens next

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)
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.

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