OTHERAPPROVED

Belmark Receives Incentive for Major Expansion

The Common Council has approved a stand-alone development agreement with Belmark for a $15 million, 75,000 sq. ft. expansion at 1111 Engel Drive, featuring a tax increment reimbursement incentive tied to annual property tax payments.

Document date · July 10, 2024

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$15,000,000 (estimated expansion total investment)
Contract type
OTHER
Renewal
Agreement is supplemental to prior 2016 and 2018 contracts; taxes reimbursed annually through TID #7 for expansion value. No specified end date.
Document type
Agenda
Source document
shawano_common_council_meeting_agenda_july_2024.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Shawano?

BELMARK was awarded this government contract by City of Shawano, as recorded on July 10, 2024. The contract value is $15,000,000 (estimated expansion total investment).

How much is the BELMARK contract with City of Shawano worth?

The BELMARK contract with City of Shawano is valued at $15,000,000 (estimated expansion total investment).

What type of contract is this?

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

Where was this contract approved?

This contract appears in shawano_common_council_meeting_agenda_july_2024.pdf (Agenda), dated July 10, 2024 from City of Shawano. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does BELMARK hold?

BELMARK 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 BELMARK's profile

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