Elizabeth Recommends Centerpoint Butler Tax Agreement
- Disclosed value
- Annual service charge of $758,013.00 with incremental increases
- From agenda
- Document date
- Oct 13, 2026
- Term
- Thirty years
The 30-second brief
Elizabeth recommends a 30-year tax abatement and financial agreement with Centerpoint Butler Urban Renewal, LLC for a new warehouse project. The project would provide an annual service charge of $758,013 with incremental increases.
Centerpoint Butler Urban Renewal LLC holds this construction contract with City of Elizabeth.
Term as filed: Thirty years.
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Contract details
- Contract type
- Construction
- Amount
- Annual service charge of $758,013.00 with incremental increases
- Document date
- October 13, 2026
- Term
- Thirty years
- Agency
- City of Elizabeth
- Source document
- City of Elizabeth Agenda Regular Meeting 2026-10-13 (Agenda)
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Questions about this contract
Who was awarded the construction contract by City of Elizabeth?
Centerpoint Butler Urban Renewal LLC was awarded this construction contract by City of Elizabeth, as recorded on October 13, 2026. The contract value is Annual service charge of $758,013.00 with incremental increases.
How much is the Centerpoint Butler Urban Renewal LLC contract with City of Elizabeth worth?
The Centerpoint Butler Urban Renewal LLC contract with City of Elizabeth is valued at Annual service charge of $758,013.00 with incremental increases, covering construction work.
What type of contract is this?
This is a Construction contract, documented as a agenda record.
Where was this contract approved?
This contract appears in City of Elizabeth Agenda Regular Meeting 2026-10-13 (Agenda), dated October 13, 2026 from City of Elizabeth. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Centerpoint Butler Urban Renewal LLC hold?
Centerpoint Butler Urban Renewal 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 Elizabeth currently buying?
Explore City of Elizabeth's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.