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King Milling eyes tax credit for facility

Town of Lowell
Disclosed value
$42,500,000
From agenda
Document date
Jun 20, 2022
Term
12 years

The 30-second brief

What it covers

Lowell City Council to consider an Industrial Facility Tax Credit to King Milling for the new facility. The proposed investment is $42,500,000 in improvements.

Who holds it

King Milling holds this tax abatement contract with Town of Lowell. Its other public contracts on record include work for Town of Lowell charter and City of Lowell.

What happens next

Term as filed: 12 years.

See who signed off on this $42.5M contract.

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Contract details

Contract type
Tax Abatement
Amount
$42,500,000
Document date
June 20, 2022
Term
12 years
Vendor
King Milling
Agency
Town of Lowell
Source document
town-of-lowell-city-council-agenda-june-20-2022_d62.pdf (Agenda)

King Milling's other public contracts

Town of Lowell charter, MichiganKing Milling Co. to formalize barn agreement with city · Feb 3, 2025$500/yearCity of Lowell, MichiganKing Milling Use Agreement Approved · Feb 3, 2025UndisclosedTown of Lowell charter, MichiganKing Milling Approved Agreement for Reith Barn Use · Feb 3, 2025UndisclosedCity of Lowell, MichiganProposed Use Agreement with King Milling · Feb 3, 2025$500/yearCity of Lowell, Michiganlowell-agenda-2024-07-01-pdf_7a3.pdf · Jul 1, 2024$153.3All King Milling contractsVendor profile

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Questions about this contract

Who was awarded the tax abatement contract by Town of Lowell?

King Milling was awarded this tax abatement contract by Town of Lowell, as recorded on June 20, 2022. The contract value is $42,500,000.

How much is the King Milling contract with Town of Lowell worth?

The King Milling contract with Town of Lowell is valued at $42,500,000, 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 town-of-lowell-city-council-agenda-june-20-2022_d62.pdf (Agenda), dated June 20, 2022 from Town of Lowell. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does King Milling hold?

King Milling 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 Town of Lowell currently buying?

Explore Town of Lowell's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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