AIDA Amends 4042 South Housing Incentives
City of AuburnCity · Auburn, NY- Disclosed value
- Increase of $55,653, raising total requested financial assistance from $81,510 to $137,163; sales and use tax exemption increased to $109,120 and mortgage recording tax abatement to $28,043
- From agendapacket
- Document date
- Oct 23, 2026
The 30-second brief
AIDA amended 4042 South LLC’s previously approved project incentives after construction and financing costs increased. The amendment adds $55,653 in assistance, bringing the total sales and mortgage tax benefits to $137,163.
4042 South LLC holds this construction contract with City of Auburn.
Term as filed: Public hearing held October 21, 2026; amendment approved October 28, 2026.
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Contract details
- Contract type
- Construction
- Amount
- Increase of $55,653, raising total requested financial assistance from $81,510 to $137,163; sales and use tax exemption increased to $109,120 and mortgage recording tax abatement to $28,043
- Document date
- October 23, 2026
- Term
- Public hearing held October 21, 2026; amendment approved October 28, 2026
- Vendor
- 4042 South LLC
- Agency
- City of Auburn
- Source document
- Auburn Industrial Development Authority AgendaPacket 10/28/2026 Board Meeting Packet 2026-10-28 (AgendaPacket)
4042 South LLC's other public contracts
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Questions about this contract
Who was awarded the construction contract by City of Auburn?
4042 South LLC was awarded this construction contract by City of Auburn, as recorded on October 23, 2026. The contract value is Increase of $55,653, raising total requested financial assistance from $81,510 to $137,163; sales and use tax exemption increased to $109,120 and mortgage recording tax abatement to $28,043.
How much is the 4042 South LLC contract with City of Auburn worth?
The 4042 South LLC contract with City of Auburn is valued at Increase of $55,653, raising total requested financial assistance from $81,510 to $137,163; sales and use tax exemption increased to $109,120 and mortgage recording tax abatement to $28,043, covering construction work.
What type of contract is this?
This is a Construction contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Auburn Industrial Development Authority AgendaPacket 10/28/2026 Board Meeting Packet 2026-10-28 (AgendaPacket), dated October 23, 2026 from City of Auburn. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does 4042 South LLC hold?
4042 South 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.
What is City of Auburn currently buying?
Explore City of Auburn's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.