FINANCIAL_SERVICESAPPROVED

Town of Tillsonburg Awards Financial Services Contract to Bridges Inc (July 2026)

Tillsonburg Council approved a Community Improvement Plan tax increment grant for The Bridges Inc. to support redevelopment of 101 Club House Way as a new event centre. The program provides a declining tax rebate over 10 years, after which full property taxes are payable.

Status
APPROVED
Document date
July 13, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Bridges Inc
Agency
Town of Tillsonburg · Canada

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
10-year tax increment grant back schedule, with full taxes in year 11
Renewal
Tax increment grant back program provides 50% rebate of incremental taxes for years 1–6, then 40%, 30%, 20%, and 10% in years 7–10 respectively; no rebate after year 10.
Document type
Minutes
Source document
Town of Tillsonburg Minutes Council Meeting 2026-07-13

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Tillsonburg?

Bridges Inc was awarded this financial services contract by Town of Tillsonburg, as recorded on July 13, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Town of Tillsonburg Minutes Council Meeting 2026-07-13 (Minutes), dated July 13, 2026 from Town of Tillsonburg. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bridges Inc hold?

Bridges Inc 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 Town of Tillsonburg currently buying?

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

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