Trumbull village Awards $3,000,000 Tax Abatement Contract to KUBTEC (May 2025)
Trumbull villageCity · NE- Disclosed value
- $3,000,000
- From meeting minutes
- Approved
- May 8, 2025
- Term
- 20 years
The 30-second brief
Kubtec secures 20-year tax abatement with fixed rates for the first ten years and abatements based on improvements in the second ten years, with a minimum $3 million investment in building improvements.
KUBTEC holds this tax abatement contract with Trumbull village. Its other public contracts on record include work for Cgh Medical Center and Trumbull Metropolitan Housing Authority.
Term as filed: 20 years.
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Contract details
- Contract type
- Tax Abatement
- Amount
- $3,000,000
- Document date
- May 8, 2025
- Term
- 20 years
- Vendor
- KUBTEC
- Agency
- Trumbull village
- Source document
- trumbull-village-pt-meeting-minutes-2025-05-08_9e3.pdf (Meeting Minutes)
KUBTEC's other public contracts
More Trumbull village contracts
Questions about this contract
Who was awarded the tax abatement contract by Trumbull village?
KUBTEC was awarded this tax abatement contract by Trumbull village, as recorded on May 8, 2025. The contract value is $3,000,000.
How much is the KUBTEC contract with Trumbull village worth?
The KUBTEC contract with Trumbull village is valued at $3,000,000, covering tax abatement work.
What type of contract is this?
This is a Tax Abatement contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in trumbull-village-pt-meeting-minutes-2025-05-08_9e3.pdf (Meeting Minutes), dated May 8, 2025 from Trumbull village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does KUBTEC hold?
KUBTEC 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 Trumbull village currently buying?
Explore Trumbull village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.