CONTRACTPENDING

School District Set For PILOT and Tax Sharing Under Canal Pointe CRA

City of Canal Winchester city
Disclosed value
Annual Base PILOT Payment: $52,687; 25% of City’s income tax receipts from building activity; Total estimated based on 210,748 sq ft and job/payroll targets
From agendapacket
Document date
Jun 1, 2026
Renews
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The 30-second brief

What it covers

As part of the CRA Agreement, Canal Winchester Local School District is to receive annual compensation and income tax shares from Molto Canal Pointe II, L.L.C. for the full term of the tax abatement. Payments are calculated based on building square footage and a share of new income tax proceeds.

Who holds it

Canal Winchester Local School District holds this contract with City of Canal Winchester city. Its other public contracts on record include work for Town of Madison.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Canal Winchester city contract.

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Contract details

Amount
Annual Base PILOT Payment: $52,687; 25% of City’s income tax receipts from building activity; Total estimated based on 210,748 sq ft and job/payroll targets
Document date
June 1, 2026
Term
Fifteen (15) years from initial exemption year (not beyond tax year 2040); annual payments during each year of CRA exemption period
Renews
Free account
Source document
Canal Winchester Council Work Session Meeting Agenda 2026-06-01 (AgendaPacket)

Canal Winchester Local School District's other public contracts

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Questions about this contract

Who was awarded the government contract by City of Canal Winchester city?

Canal Winchester Local School District was awarded this government contract by City of Canal Winchester city, as recorded on June 1, 2026. The contract value is Annual Base PILOT Payment: $52,687; 25% of City’s income tax receipts from building activity; Total estimated based on 210,748 sq ft and job/payroll targets.

How much is the Canal Winchester Local School District contract with City of Canal Winchester city worth?

The Canal Winchester Local School District contract with City of Canal Winchester city is valued at Annual Base PILOT Payment: $52,687; 25% of City’s income tax receipts from building activity; Total estimated based on 210,748 sq ft and job/payroll targets.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Canal Winchester Council Work Session Meeting Agenda 2026-06-01 (AgendaPacket), dated June 1, 2026 from City of Canal Winchester city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Canal Winchester Local School District hold?

Canal Winchester Local School District 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 Canal Winchester city currently buying?

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

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