City of Newport Awards Financial Services Contract to Track Drive Llc (July 2026)

The City Council approved transferring the existing five-year tax stabilization agreement for 172 Bogner Drive from Northeast Kingdom Development Corporation to Track Drive LLC. The transfer allows the new owner to retain the previously granted tax benefits for the remainder of the agreement term.

Document date · July 20, 2026

Track City of Newport contracts

Get alerts when new contracts are awarded or existing ones approach renewal at City of Newport.

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

Remainder of 5-year tax stabilization agreement effective April 1, 2026

Renewal date

2031-04-01

Renewal

Transferred mid-term to Track Drive LLC; the agreement’s original April 1, 2026 start and five-year duration remain in effect, with any renewal beyond that subject to future council action.

Document type

AgendaPacket

Source document

City of Newport AgendaPacket Regular Council Meeting 2026-07-20

Related contracts

Other contracts from Track Drive Llc.

View all →

City of Newport AgendaPacket Regular Council Meeting 2026-07-06

APPROVED

City of Newport, VermontJul 6, 2026

town-of-conklin-agenda-2021-04-13-pdf_b61.pdf

DISCUSSED

Town of Conklin, New YorkApr 13, 2021

town-of-conklin-agenda-2021-04-13_f4c.pdf

DISCUSSED

Town of Conklin, New YorkApr 13, 2021

town-of-conklin-meeting-minutes-2021-03-23-pdf_c99.pdf

PENDING

Town of Conklin, New YorkMar 23, 2021

town-of-conklin-meeting-minutes-2021-03-23_83a.pdf

DISCUSSED

Town of Conklin, New YorkMar 23, 2021

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Newport?

Track Drive Llc was awarded this financial services contract by City of Newport, as recorded on July 20, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Newport AgendaPacket Regular Council Meeting 2026-07-20 (AgendaPacket), dated July 20, 2026 from City of Newport. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Track Drive Llc hold?

Track Drive 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 Track Drive Llc's profile

What is City of Newport currently buying?

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

View City of Newport's profile