Brewster Central School District Awards Financial Services Contract to Kinsley Group Inc Dba Kinsley Power Systems (April 2026)

Scope & details

The full contract record, as filed.

Contract amount

$7,185,850 total project costs; Funding Account payment $10,000; Sales and Use Tax Exemption not to exceed $243,160; Mortgage Recording Tax Exemption not to exceed $38,804; 10-year PILOT with estimated abatement $434,486.37

Contract type

FINANCIAL_SERVICES

Contract term

10-year PILOT Agreement; Inducement Resolution effective February 19, 2026 and may expire 12 months thereafter unless extended or transaction closes

Renewal date

2036-12-31

Renewal

Resolution No. 2026-02-19-1 may be deemed expired after 12 months unless extended by written consent of the Agency with payment of extension fees or the straight‑lease transaction closes. Any extension or renewal would be for an additional 12‑month period. The PILOT itself is structured for 10 years starting with 2027 property tax year, but renewal of benefits beyond the agreed schedule would require further Agency action.

Document type

AgendaPacket

Source document

Putnam County Industrial Development Agency AgendaPacket The 20 Fields Lane Project 2026-04-28

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Brewster Central School District Resolution Regarding Kinsley Group PILOT Mortgage 2026-08-25

APPROVED

Brewster Central School District, New YorkAug 25, 2026

Town of Southeast AgendaPacket Work Session/Regular Meeting 2026-06-04

PENDING

Town of Southeast, New YorkSales and Use Tax Exemption: Not to exceed $243,160; Mortgage Recording Tax Exemption: Not to exceed $38,804; Real Property Tax Abatement: 10-year PILOT Agreement; Total project cost: $7,000,000Jun 4, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Brewster Central School District?

Kinsley Group Inc Dba Kinsley Power Systems was awarded this financial services contract by Brewster Central School District, as recorded on April 28, 2026. The contract value is $7,185,850 total project costs; Funding Account payment $10,000; Sales and Use Tax Exemption not to exceed $243,160; Mortgage Recording Tax Exemption not to exceed $38,804; 10-year PILOT with estimated abatement $434,486.37.

How much is the Kinsley Group Inc Dba Kinsley Power Systems contract with Brewster Central School District worth?

The Kinsley Group Inc Dba Kinsley Power Systems contract with Brewster Central School District is valued at $7,185,850 total project costs; Funding Account payment $10,000; Sales and Use Tax Exemption not to exceed $243,160; Mortgage Recording Tax Exemption not to exceed $38,804; 10-year PILOT with estimated abatement $434,486.37, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Putnam County Industrial Development Agency AgendaPacket The 20 Fields Lane Project 2026-04-28 (AgendaPacket), dated April 28, 2026 from Brewster Central School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Kinsley Group Inc Dba Kinsley Power Systems hold?

Kinsley Group Inc Dba Kinsley Power Systems 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 Brewster Central School District currently buying?

Explore Brewster Central School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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