OTHERAPPROVED

Derby Authorizes ACE Business Park Lot Sale Incentives

Derby City Council approved a resolution of intent and authorized a $29,545.60 business-park lot sale to Aircraft & Commercial Enterprises, Inc. The project includes a 10-year, 95% property-tax abatement and a sales-tax exemption for construction materials.

Document date · October 13, 2026

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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

Scope & details

The full contract record, as filed.

Contract amount
$29,545.60 for the lot; estimated incentives of $147,944
Contract type
OTHER
Contract term
10-year, 95% property-tax abatement; 100% sales-tax exemption on construction materials
Renewal
Future PILOT/performance agreement will govern the abatement; the abatement may end early or not renew if conditions are not met, with a review at year five.
Document type
AgendaPacket
Source document
City of Derby AgendaPacket 2026-10-13

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Derby?

Aircraft & Commercial Enterprises Inc was awarded this government contract by City of Derby, as recorded on October 13, 2026. The contract value is $29,545.60 for the lot; estimated incentives of $147,944.

How much is the Aircraft & Commercial Enterprises Inc contract with City of Derby worth?

The Aircraft & Commercial Enterprises Inc contract with City of Derby is valued at $29,545.60 for the lot; estimated incentives of $147,944.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Derby AgendaPacket 2026-10-13 (AgendaPacket), dated October 13, 2026 from City of Derby. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Aircraft & Commercial Enterprises Inc hold?

Aircraft & Commercial Enterprises Inc 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 Aircraft & Commercial Enterprises Inc's profile

What is City of Derby currently buying?

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

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