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FINANCIAL_SERVICESAPPROVED

town-of-concord-meeting-minutes-2023-11-09_621.pdf

Nicolock Paving Stones Wins Concord Tax Incentive Grant

Up to $231,826 (estimated, three-year 85% tax-based incentive)Town of ConcordNICOLOCK PAVING STONES LLCNovember 9, 2023

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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

Description

Concord City Council awarded Nicolock Paving Stones, LLC a three-year, 85% tax-based economic development grant up to $231,826, supporting their new $22 million manufacturing facility.

Contract Details

Contract Amount

Up to $231,826 (estimated, three-year 85% tax-based incentive)

Vendor

NICOLOCK PAVING STONES LLC

Agency

Town of Concord, OH

Contract Type

FINANCIAL_SERVICES

Document Date

November 9, 2023

Contract Term

Three years (effective upon contract, estimated start late 2023/early 2024)

Renewal Date

2026-12-31

Renewal Info

Three-year grant; amount and continuation determined by actual investment and compliance with grant criteria.

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