Tax incentive for Norstein Properties LLC.
City of Concord cityCity · Concord, NC- Disclosed value
- $51,408
- From agenda
- Document date
- May 11, 2023
- Term
- 3 year
The 30-second brief
City Council may offer incentives to stimulate private sector redevelopment. Norstein Properties, LLC, proposes to redevelop two properties located at 69 and 75 Corban Avenue SE, Concord, North Carolina 28025 and having an investment of approximately $4,200,000 in real and personal property. The total value of the City's three-year grant is estimated to equal $51,408 depending on the actual investment.
Norstein Properties holds this economic development incentive grant contract with City of Concord city. Its other public contracts on record include work for Town of Concord.
Term as filed: 3 year.
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Contract details
- Contract type
- Economic Development Incentive Grant
- Amount
- $51,408
- Document date
- May 11, 2023
- Term
- 3 year
- Vendor
- Norstein Properties
- Agency
- City of Concord city
- Source document
- city-of-concord-city-agenda-2023-05-11_f9e.pdf (Agenda)
Norstein Properties's other public contracts
More City of Concord city contracts
Questions about this contract
Who was awarded the economic development incentive grant contract by City of Concord city?
Norstein Properties was awarded this economic development incentive grant contract by City of Concord city, as recorded on May 11, 2023. The contract value is $51,408.
How much is the Norstein Properties contract with City of Concord city worth?
The Norstein Properties contract with City of Concord city is valued at $51,408, covering economic development incentive grant work.
What type of contract is this?
This is a Economic Development Incentive Grant contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city-of-concord-city-agenda-2023-05-11_f9e.pdf (Agenda), dated May 11, 2023 from City of Concord city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Norstein Properties hold?
Norstein 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.
What is City of Concord city currently buying?
Explore City of Concord city's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.