Proposed TIF package to support Takkion expansion

The City of Enid is considering creation of Increment District No. 9 and approval of the Takkion Economic Development Project Plan, under which Takkion would invest about $27.7 million in remanufacturing facilities and receive a 65% inventory‑based TIF incentive for 14 years. The plan would also fund $1.3 million in 54th Street traffic upgrades and contribute toward a $1.8 million ladder truck to support public safety.

Scope & details

The full contract record, as filed.

Contract amount

Traffic Improvements estimated at $1.3 million; Public Safety Improvements (ladder truck) estimated at $1.8 million; Inventory Incentive equal to 65% of inventory‑based TIF revenues for 14 years

Contract type

FINANCIAL_SERVICES

Contract term

14-year TIF incentive period from creation of Increment District No. 9

Renewal

Initial creation of a new 14‑year TIF incentive district; no renewals or extensions are described yet.

Document type

Agenda

Source document

metropolitan_area_planning_commission_meeting_agen.pdf

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Lincoln County Board of County Commissioners Minutes 2026-07-15

ONGOING

Lincoln County, ColoradoJul 15, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Enid?

TAKKION was awarded this financial services contract by City of Enid, as recorded on December 15, 2025. The contract value is Traffic Improvements estimated at $1.3 million; Public Safety Improvements (ladder truck) estimated at $1.8 million; Inventory Incentive equal to 65% of inventory‑based TIF revenues for 14 years.

How much is the TAKKION contract with City of Enid worth?

The TAKKION contract with City of Enid is valued at Traffic Improvements estimated at $1.3 million; Public Safety Improvements (ladder truck) estimated at $1.8 million; Inventory Incentive equal to 65% of inventory‑based TIF revenues for 14 years, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in metropolitan_area_planning_commission_meeting_agen.pdf (Agenda), dated December 15, 2025 from City of Enid. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does TAKKION hold?

TAKKION 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 Enid currently buying?

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