FINANCIAL_SERVICESAPPROVED

City of Peterborough Awards Financial Services Contract to Peterborough Housing Corporation (November 2024)

Council endorsed Peterborough Housing Corporation's appeal to MPAC on the tax classification of 555 Bonaccord Street and authorized execution of agreements to provide a 10-year property tax exemption followed by a 10-year tax increment-based grant. These agreements support 65 affordable housing units at Hunt Terraces.

Document date · November 4, 2024

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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 type
FINANCIAL_SERVICES
Contract term
10-year property tax exemption followed by 10-year tax increment-based grant
Renewal
Initial 10-year exemption period followed by a 10-year tax increment-based grant; agreements will govern ongoing tax benefits over a 20-year span.
Document type
Agenda
Source document
City of Peterborough Agenda City Council Meeting Agenda 2024-11-04

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Peterborough Housing Corporation was awarded this financial services contract by City of Peterborough, as recorded on November 4, 2024.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Peterborough Agenda City Council Meeting Agenda 2024-11-04 (Agenda), dated November 4, 2024 from City of Peterborough. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Peterborough Housing Corporation hold?

Peterborough Housing Corporation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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