CONTRACTPENDING

Hotel Development Tax Reduction Plan

Park Ridge village
Document date
Jul 8, 2024
Term
16 years

The 30-second brief

What it covers

Proposed tax reduction programs for Tru by Hilton hotel development, projecting significant property and hotel tax reductions over 16 years, requiring City Council approval for implementation.

Who holds it

Mdsa Properties holds this tax reduction programs contract with Park Ridge village. Its other public contracts on record include work for City of Park Ridge and Town of Ridge.

What happens next

Term as filed: 16 years.

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Contract details

Contract type
Tax Reduction Programs
Document date
July 8, 2024
Term
16 years
Source document
park-ridge-village-proposal-2024-07-08_46d.pdf (Proposal)

Mdsa Properties's other public contracts

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Questions about this contract

Who was awarded the tax reduction programs contract by Park Ridge village?

Mdsa Properties was awarded this tax reduction programs contract by Park Ridge village, as recorded on July 8, 2024.

What type of contract is this?

This is a Tax Reduction Programs contract, documented as a proposal record.

Where was this contract approved?

This contract appears in park-ridge-village-proposal-2024-07-08_46d.pdf (Proposal), dated July 8, 2024 from Park Ridge village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Mdsa Properties hold?

Mdsa Properties 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 Park Ridge village currently buying?

Explore Park Ridge village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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