CONTRACTPENDING

Nobles County Considers Tax Abatement for New Feed Mill

Nobles County logoNobles County
Disclosed value
$149,999.99
From agenda
Document date
Mar 6, 2018
Term
15 years

The 30-second brief

What it covers

Nobles County is considering a tax abatement for New Fashion Pork(NFP), which plans to build a new $10 million feed mill in Round Lake. If approved, NFP will receive a 15-year tax abatement for 67% of the County's share of real estate taxes, up to a maximum of $149,999.99, with project completion by 2019. This agreement is contingent on project approval, and the tax abatement amounts will be adjusted in subsequent years based on the project's profitability.

Who holds it

New Fashion Pork holds this tax abatement contract with Nobles County. Its other public contracts on record include work for Pocahontas County and Emmet County.

What happens next

Term as filed: 15 years.

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Contract details

Contract type
Tax Abatement
Amount
$149,999.99
Document date
March 6, 2018
Term
15 years
Source document
nobles-county-agenda-2018-03-06_e48.pdf (Agenda)

New Fashion Pork's other public contracts

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Questions about this contract

Who was awarded the tax abatement contract by Nobles County?

New Fashion Pork was awarded this tax abatement contract by Nobles County, as recorded on March 6, 2018. The contract value is $149,999.99.

How much is the New Fashion Pork contract with Nobles County worth?

The New Fashion Pork contract with Nobles County is valued at $149,999.99, covering tax abatement work.

What type of contract is this?

This is a Tax Abatement contract, documented as a agenda record.

Where was this contract approved?

This contract appears in nobles-county-agenda-2018-03-06_e48.pdf (Agenda), dated March 6, 2018 from Nobles County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does New Fashion Pork hold?

New Fashion Pork 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 Nobles County currently buying?

Explore Nobles County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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