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City of Centerville Awards $4,500,000 Incentive Payment Contract to YPCBRE (February 2025)

City of Centerville logoCity of Centerville
Disclosed value
$4,500,000
From report
Approved
Feb 18, 2025
Term
5 years starting January 1, 2025

The 30-second brief

What it covers

YPCBRE, LLC awarded a sales tax incentive payment agreement capped at $4.5 million over 5 years starting January 1, 2025, with payments beginning in 2026.

Who holds it

YPCBRE holds this incentive payment contract with City of Centerville.

What happens next

Term as filed: 5 years starting January 1, 2025.

See who signed off on this $4.5M contract.

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Contract details

Contract type
Incentive Payment
Amount
$4,500,000
Document date
February 18, 2025
Term
5 years starting January 1, 2025
Vendor
YPCBRE
Agency
City of Centerville
Source document
centerville-redevelopment-agency-staff-report-2025-02-18_2f6.pdf (Report)

YPCBRE's other public contracts

City of Centerville, UtahTax agreement updated for Young Power Sports · May 6, 2025UndisclosedCity of Centerville, UtahCenterville considering amending tax increment agreement with YPCBRE, LLC · May 6, 2025UndisclosedCity of Centerville, UtahYPCBRE, LLC Tax Increment Participation Agreement amendment approved · May 6, 2025UndisclosedAll YPCBRE contractsVendor profile

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Questions about this contract

Who was awarded the incentive payment contract by City of Centerville?

YPCBRE was awarded this incentive payment contract by City of Centerville, as recorded on February 18, 2025. The contract value is $4,500,000.

How much is the YPCBRE contract with City of Centerville worth?

The YPCBRE contract with City of Centerville is valued at $4,500,000, covering incentive payment work.

What type of contract is this?

This is a Incentive Payment contract, documented as a report record.

Where was this contract approved?

This contract appears in centerville-redevelopment-agency-staff-report-2025-02-18_2f6.pdf (Report), dated February 18, 2025 from City of Centerville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does YPCBRE hold?

YPCBRE 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 City of Centerville currently buying?

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

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