CONTRACTAPPROVED

City of North Adams Awards $17,000,000 Tax Increment Financing (Tif) Agreement Contract to Blackinton Mill (August 2023)

City of North Adams
Disclosed value
$17,000,000
From minutes
Approved
Aug 22, 2023
Term
10 years

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What it covers

City Council approves $17 million TIF agreement with Blackinton Mill LLC for redevelopment project, aiming to create jobs and boost local economy. The project involves constructing a 50-room luxury hotel with amenities, expected to open by July 1, 2026.

Who holds it

Blackinton Mill holds this tax increment financing (tif) agreement contract with City of North Adams. Its other public contracts on record include work for North Adams village.

What happens next

Term as filed: 10 years.

Contract details

Contract type
Tax Increment Financing (Tif) Agreement
Amount
$17,000,000
Document date
August 22, 2023
Term
10 years
Source document
city-of-north-adams-city-council-meeting-minutes-august-22-2023_246.pdf (Minutes)

Blackinton Mill's other public contracts

More City of North Adams contracts

Questions about this contract

Who was awarded the tax increment financing (tif) agreement contract by City of North Adams?

Blackinton Mill was awarded this tax increment financing (tif) agreement contract by City of North Adams, as recorded on August 22, 2023. The contract value is $17,000,000.

How much is the Blackinton Mill contract with City of North Adams worth?

The Blackinton Mill contract with City of North Adams is valued at $17,000,000, covering tax increment financing (tif) agreement work.

What type of contract is this?

This is a Tax Increment Financing (Tif) Agreement contract, documented as a minutes record.

Where was this contract approved?

This contract appears in city-of-north-adams-city-council-meeting-minutes-august-22-2023_246.pdf (Minutes), dated August 22, 2023 from City of North Adams. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Blackinton Mill hold?

Blackinton Mill 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 North Adams currently buying?

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

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