CONTRACTPENDING

Planned CRA Tax Abatement for ProAmpac Expansion

City of Springdale logoCity of Springdale
Disclosed value
$2,000,000 investment (tax abatement value not stated)
From minutes
Document date
Nov 3, 2021

The 30-second brief

What it covers

Springdale plans to consider an emergency ordinance for a Community Reinvestment Area tax abatement supporting ProAmpac’s $2 million expansion at 12025 Tricon Road. The abatement would incentivize new manufacturing lines and facility growth in the city.

Who holds it

PROAMPAC holds this financial services contract with City of Springdale. Its other public contracts on record include work for Wrightstown village and City of Hartford.

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Contract details

Contract type
Financial Services
Amount
$2,000,000 investment (tax abatement value not stated)
Document date
November 3, 2021
Vendor
PROAMPAC
Source document
city-of-springdale-council-meeting-minutes-november-3-2021_e37.pdf (Minutes)

PROAMPAC's other public contracts

More City of Springdale contracts

Questions about this contract

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

PROAMPAC was awarded this financial services contract by City of Springdale, as recorded on November 3, 2021. The contract value is $2,000,000 investment (tax abatement value not stated).

How much is the PROAMPAC contract with City of Springdale worth?

The PROAMPAC contract with City of Springdale is valued at $2,000,000 investment (tax abatement value not stated), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-springdale-council-meeting-minutes-november-3-2021_e37.pdf (Minutes), dated November 3, 2021 from City of Springdale. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does PROAMPAC hold?

PROAMPAC 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 Springdale currently buying?

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

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