CONTRACTAPPROVED

City of Gloucester Awards Tax Increment Financing (Tif) Contract to Granite Cove Venue (June 2023)

City of Gloucester logoCity of Gloucester
Approved
Jun 22, 2023
Term
5 years

The 30-second brief

What it covers

City Council approves Tax Increment Financing exemption for Granite Cove Venue LLC DBA The Cut, Inc., located at 177 Main Street, for a term of five (5) years ending in Fiscal Year 2029.

Who holds it

Granite Cove Venue holds this tax increment financing (tif) contract with City of Gloucester.

What happens next

Term as filed: 5 years.

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Contract details

Contract type
Tax Increment Financing (Tif)
Document date
June 22, 2023
Term
5 years
Source document
budget_finance_standing_committee_minutes_june_22.pdf (Minutes)

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Questions about this contract

Who was awarded the tax increment financing (tif) contract by City of Gloucester?

Granite Cove Venue was awarded this tax increment financing (tif) contract by City of Gloucester, as recorded on June 22, 2023.

What type of contract is this?

This is a Tax Increment Financing (Tif) contract, documented as a minutes record.

Where was this contract approved?

This contract appears in budget_finance_standing_committee_minutes_june_22.pdf (Minutes), dated June 22, 2023 from City of Gloucester. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Granite Cove Venue hold?

Granite Cove Venue 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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