Coventry Local Schools Awards Financial Services Contract to Adkins Plx Holdings LLC (June 2025)
Coventry Local SchoolsSchool · Coventry Township, OH- Disclosed value
- A portion of tax increment financing service payments; 55% of foregone school taxes plus 100% of amounts from new or renewal levies as defined
- From resolution
- Approved
- Jun 26, 2025
The 30-second brief
Coventry Local School District approved a Compensation Agreement with Adkins PLX Holdings, LLC and the City of New Franklin tied to The Water 9 on Turkeyfoot Lake TIF development. The agreement allocates a portion of tax increment financing service payments to reimburse the developer’s public improvement costs and to compensate the school district for foregone property tax revenue over a period of up to 30 years.
Adkins Plx Holdings LLC holds this financial services contract with Coventry Local Schools. Its other public contracts on record include work for City of New Franklin.
Term as filed: Up to thirty (30) years after the date the first Improvement is realized on the Development Property, or until all TIF reimbursements and School Payments are made, whichever is less.
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Contract details
- Contract type
- Financial Services
- Amount
- A portion of tax increment financing service payments; 55% of foregone school taxes plus 100% of amounts from new or renewal levies as defined
- Document date
- June 26, 2025
- Term
- Up to thirty (30) years after the date the first Improvement is realized on the Development Property, or until all TIF reimbursements and School Payments are made, whichever is less
- Vendor
- Adkins Plx Holdings LLC
- Agency
- Coventry Local Schools
- Source document
- Coventry Local School District Resolution Compensation Agreement – The Water 9 2025-06-26 (Resolution)
Adkins Plx Holdings LLC's other public contracts
More Coventry Local Schools contracts
Questions about this contract
Who was awarded the financial services contract by Coventry Local Schools?
Adkins Plx Holdings LLC was awarded this financial services contract by Coventry Local Schools, as recorded on June 26, 2025. The contract value is A portion of tax increment financing service payments; 55% of foregone school taxes plus 100% of amounts from new or renewal levies as defined.
How much is the Adkins Plx Holdings LLC contract with Coventry Local Schools worth?
The Adkins Plx Holdings LLC contract with Coventry Local Schools is valued at A portion of tax increment financing service payments; 55% of foregone school taxes plus 100% of amounts from new or renewal levies as defined, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record.
Where was this contract approved?
This contract appears in Coventry Local School District Resolution Compensation Agreement – The Water 9 2025-06-26 (Resolution), dated June 26, 2025 from Coventry Local Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Adkins Plx Holdings LLC hold?
Adkins Plx Holdings 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.
What is Coventry Local Schools currently buying?
Explore Coventry Local Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.