Portico Project with 15 year tax incentive
City of RevereCity · Revere, MA- Document date
- May 12, 2025
- Term
- 15 years
The 30-second brief
Tax Increment Exemption for Portico project with 50% increment of 15 Years. There will be a sunset clause where the terms of this agreement would expire if construction hasn't commenced before the end of the year. The base value is $42,097,000
Hym Investment Group holds this tax increment exemption contract with City of Revere. Its other public contracts on record include work for Town of Weston.
Term as filed: 15 years.
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Contract details
- Contract type
- Tax Increment Exemption
- Document date
- May 12, 2025
- Term
- 15 years
- Vendor
- Hym Investment Group
- Agency
- City of Revere
- Source document
- city-of-revere-meeting-minutes-2025-05-12_857.pdf (Meeting Minutes)
Hym Investment Group's other public contracts
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Questions about this contract
Who was awarded the tax increment exemption contract by City of Revere?
Hym Investment Group was awarded this tax increment exemption contract by City of Revere, as recorded on May 12, 2025.
What type of contract is this?
This is a Tax Increment Exemption contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in city-of-revere-meeting-minutes-2025-05-12_857.pdf (Meeting Minutes), dated May 12, 2025 from City of Revere. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Hym Investment Group hold?
Hym Investment Group 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 City of Revere currently buying?
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