Community Tax Incentive Agreement with Compak LLC Delayed

City Council reviewed legislation to enter into a Community Reinvestment Area Tax Incentive agreement with Compak, LLC. The item remains pending due to council member absence and recusal.

Document date · March 2, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Document type

Minutes

Source document

Wooster City Council Minutes March 2026

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City of Wooster Agenda Packet 2026-05-18

AMENDED

City of Wooster, Ohio$0May 18, 2026

City of Wooster City Council Agenda Packet May 18 2026

AMENDED

Town of Wooster, OhioTax exemption of 75% of real estate taxes for 10 years (no new monetary consideration stated for assignment)May 16, 2026

City of Wooster Council Meeting Agenda March 16, 2026

APPROVED

City of Wooster, OhioEstimated value $1,150,000 to $1,900,000 in tax abatements (approx. $10,000,000 capital investment)Mar 16, 2026

City Council Meeting Agenda March 2, 2026

APPROVED

City of Wooster, OhioEstimated abatement value: $1,151,813–$1,900,492 over 10 yearsMar 2, 2026

Wooster City Council Minutes February 17, 2026

APPROVED

City of Wooster, OhioFeb 17, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Wooster?

Compak Llc was awarded this financial services contract by City of Wooster, as recorded on March 2, 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 Wooster City Council Minutes March 2026 (Minutes), dated March 2, 2026 from City of Wooster. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Compak Llc hold?

Compak Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Compak Llc's profile

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