CONTRACTONGOING

Safran TIF Revenue Contract Supports City Debt

City of Rochester
Disclosed value
$912,487 FY26 contractual revenues with 3% annual escalator; estimated cumulative retained revenue of $5.5 million by 2032
From agendapacket
Document date
Aug 11, 2026
Renews
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The 30-second brief

What it covers

Rochester’s Granite State Business Park-Safran TIF 205 includes an ongoing contractual revenue agreement with Safran, providing $912,487 in FY26 with a 3% annual escalator through 2032. These revenues support TIF debt service and are projected to yield approximately $5.5 million in cumulative retained revenue by maturity.

Who holds it

SAFRAN holds this contract with City of Rochester. Its other public contracts on record include work for Florida Keys Mosquito Control District and Mcvsd.

What happens next

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Contract details

Amount
$912,487 FY26 contractual revenues with 3% annual escalator; estimated cumulative retained revenue of $5.5 million by 2032
Document date
August 11, 2026
Term
Contractual revenue through 2032 with 3% annual escalator
Renews
On record
Vendor
SAFRAN
Source document
City of Rochester Finance Committee Agenda Packet 2026-08-11 (AgendaPacket)

SAFRAN's other public contracts

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Questions about this contract

Who was awarded the government contract by City of Rochester?

SAFRAN was awarded this government contract by City of Rochester, as recorded on August 11, 2026. The contract value is $912,487 FY26 contractual revenues with 3% annual escalator; estimated cumulative retained revenue of $5.5 million by 2032.

How much is the SAFRAN contract with City of Rochester worth?

The SAFRAN contract with City of Rochester is valued at $912,487 FY26 contractual revenues with 3% annual escalator; estimated cumulative retained revenue of $5.5 million by 2032.

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 Rochester Finance Committee Agenda Packet 2026-08-11 (AgendaPacket), dated August 11, 2026 from City of Rochester. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does SAFRAN hold?

SAFRAN 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 Rochester currently buying?

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