EDA Plans Grant and Abatement for Company A
City of ByronCity · Byron, MN- Disclosed value
- Grant for $250,000 and tax abatement for $250,000
- From minutes
- Document date
- Feb 15, 2022
- Term
- 5 years
The 30-second brief
The Economic Development Authority agreed to hold a March 8, 2022 public hearing on a proposed business subsidy for Company A, consisting of a $250,000 grant and a $250,000 tax abatement over five years to support job creation. The structure is intended to guide similar assistance for future businesses.
Company a holds this financial services contract with City of Byron. Its other public contracts on record include work for City of Bettles and Town of Vandenbroek.
Term as filed: 5 years.
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Contract details
- Contract type
- Financial Services
- Amount
- Grant for $250,000 and tax abatement for $250,000
- Document date
- February 15, 2022
- Term
- 5 years
- Vendor
- Company a
- Agency
- City of Byron
- Source document
- Economic Development Authority Meeting Minutes February 2022 (Minutes)
Company a's other public contracts
More City of Byron contracts
Questions about this contract
Who was awarded the financial services contract by City of Byron?
Company a was awarded this financial services contract by City of Byron, as recorded on February 15, 2022. The contract value is Grant for $250,000 and tax abatement for $250,000.
How much is the Company a contract with City of Byron worth?
The Company a contract with City of Byron is valued at Grant for $250,000 and tax abatement for $250,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Economic Development Authority Meeting Minutes February 2022 (Minutes), dated February 15, 2022 from City of Byron. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Company a hold?
Company a 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 Byron currently buying?
Explore City of Byron's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.