Madison considers $200K support, tax abatement
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Description
The City of Madison’s economic development agreement contemplates $200,000 in support for the new Hampton Inn project, with developer representative Prateek Gupta recommending a tax abatement to the Common Council. The incentives aim to encourage the hotel investment and bolster local tourism.
Contract Details
Contract Amount
$200,000
Vendor
GUPTA, PRATEEK
Agency
Town of Madison, IN
Contract Type
FINANCIAL_SERVICES
Document Date
May 12, 2026
More from Town of Madison
City of Madison Economic Development Agreement May 2026
City of Madison Economic Development Agreement May 2026
City of Madison Board of Public Works and Safety Minutes April 2026
City of Madison Board of Public Works and Safety Minutes April 2026
st-joseph-county-board-of-commissioners-agenda-july-22-2025_b99.pdf
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