OTHERAPPROVED

Wooster Awards 10-Year CRA Tax Incentive to Compak LLC

Wooster City Council approved a 10-year, 75% Community Reinvestment Area tax abatement agreement with Compak, LLC for the construction of a new warehouse. The project includes at least $10 million investment and job creation and retention commitments.

Status
APPROVED
Document date
March 2, 2026
Contract type
OTHER
Vendor
Compak Llc
Agency
City of Wooster · OH

Trusted by teams at

Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Estimated abatement value: $1,151,813–$1,900,492 over 10 years
Contract type
OTHER
Contract term
10 years
Renewal date
2037-05-31
Renewal
Agreement term is for 10 years and abates 75% of real estate taxes for new construction. Subject to job retention and creation commitments.
Document type
Agenda
Source document
City Council Meeting Agenda March 2, 2026

Related contracts

Other contracts from Compak Llc.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Wooster?

Compak Llc was awarded this government contract by City of Wooster, as recorded on March 2, 2026. The contract value is Estimated abatement value: $1,151,813–$1,900,492 over 10 years.

How much is the Compak Llc contract with City of Wooster worth?

The Compak Llc contract with City of Wooster is valued at Estimated abatement value: $1,151,813–$1,900,492 over 10 years.

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City Council Meeting Agenda March 2, 2026 (Agenda), dated March 2, 2026 from City of Wooster. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Compak Llc hold?

Compak 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.

View Compak Llc's profile

What is City of Wooster currently buying?

Explore City of Wooster's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Wooster's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free