Woonsocket PILOT Agreement Sets Twelve-Year Tax Schedule

Woonsocket entered a twelve-year PILOT agreement with 43 Railroad Street LLC for the property at 43 Railroad Street. The agreement established a graduated payment schedule beginning at $2,925.52 annually for the first three years.

Document date · October 5, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$2,925.52 per year for Years 1 through 3, under a twelve-year graduated payment schedule

Contract type

OTHER

Contract term

Twelve years; beginning May 19, 2022, with commencement no later than July 2022

Renewal date

2034-05-19

Renewal

Twelve-year graduated payment schedule; agreement is transferable and does not terminate upon sale of the property or dissolution of the owner.

Document type

Agenda

Source document

City of Woonsocket Agenda 2026-10-05

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Woonsocket?

43 Railroad Street Llc was awarded this government contract by City of Woonsocket, as recorded on October 5, 2026. The contract value is $2,925.52 per year for Years 1 through 3, under a twelve-year graduated payment schedule.

How much is the 43 Railroad Street Llc contract with City of Woonsocket worth?

The 43 Railroad Street Llc contract with City of Woonsocket is valued at $2,925.52 per year for Years 1 through 3, under a twelve-year graduated payment schedule.

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Woonsocket Agenda 2026-10-05 (Agenda), dated October 5, 2026 from City of Woonsocket. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does 43 Railroad Street Llc hold?

43 Railroad Street 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 43 Railroad Street Llc's profile

What is City of Woonsocket currently buying?

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

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