Redevelopment Agreement With National Retail Urban Renewal Amended
Borough of SomerdaleCity · Somerdale Borough, NJ- Document date
- Mar 12, 2025
- Term
- Five year tax abatement
The 30-second brief
Somerdale Council plans to approve Resolution 2025:66 amending its redevelopment agreement with National Retail Urban Renewal LLC and granting a five-year tax abatement. The action updates terms of the ongoing redevelopment project financing.
National Retail Urban Renewal LLC holds this financial services contract with Borough of Somerdale.
Term as filed: Five year tax abatement.
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Contract details
- Contract type
- Financial Services
- Document date
- March 12, 2025
- Term
- Five year tax abatement
- Agency
- Borough of Somerdale
- Source document
- Borough of Somerdale Council Agenda 2025-03-12 (Agenda)
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Questions about this contract
Who was awarded the financial services contract by Borough of Somerdale?
National Retail Urban Renewal LLC was awarded this financial services contract by Borough of Somerdale, as recorded on March 12, 2025.
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 Borough of Somerdale Council Agenda 2025-03-12 (Agenda), dated March 12, 2025 from Borough of Somerdale. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does National Retail Urban Renewal LLC hold?
National Retail Urban Renewal LLC 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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