Canal Winchester Local Schools Awards Financial Services Contract to Molto Canal Point Llc (October 2021)

The Board approved CRA Resolution 2021-10-002 for a second Community Reinvestment Area Agreement and School Compensation Agreement with Molto Canal Point LLC covering a 374,467 square foot industrial facility. The arrangement provides a 100% property tax exemption through approximately 2038 with compensation to the school district.

Document date · October 18, 2021

Track Canal Winchester Local Schools contracts

Get alerts when new contracts are awarded or existing ones approach renewal at Canal Winchester Local Schools.

Get started free

Create a free account · no credit card

Work in government? Get Civic IQ free

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Tax exemption term beginning no later than tax year 2024 and ending no later than tax year 2038

Renewal date

2038-12-31

Renewal

CRA exemption cannot commence after tax year 2024 and cannot extend beyond tax year 2038 (payment year 2039); Superintendent and Treasurer may finalize non-substantive changes.

Document type

Meeting Minutes

Source document

canal-winchester-local-schools-meeting-minutes-2021-10-18_406.txt

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Canal Winchester Local Schools?

Molto Canal Point Llc was awarded this financial services contract by Canal Winchester Local Schools, as recorded on October 18, 2021.

What type of contract is this?

This is a Financial Services contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in canal-winchester-local-schools-meeting-minutes-2021-10-18_406.txt (Meeting Minutes), dated October 18, 2021 from Canal Winchester Local Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Molto Canal Point Llc hold?

Molto Canal Point 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 Molto Canal Point Llc's profile

What is Canal Winchester Local Schools currently buying?

Explore Canal Winchester Local Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Canal Winchester Local Schools's profile