CONTRACTAPPROVED

Council Approves Economic Incentive for Honda Dealership Redevelopment

City of Bloomington logoCity of Bloomington
Disclosed value
Partial sales tax rebate, capped over 7 years (project investment over $6,500,000)
From minutes
Approved
Oct 13, 2025
Term
7 years
Renews
Free account

The 30-second brief

What it covers

City Council approved an economic incentive agreement with JOB Realty, LLC, offering a partial sales tax rebate for redevelopment of the Honda dealership, with incentives capped over seven years and $6.5M in investment.

Who holds it

Job Realty LLC holds this contract with City of Bloomington.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Bloomington contract.

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Contract details

Amount
Partial sales tax rebate, capped over 7 years (project investment over $6,500,000)
Document date
October 13, 2025
Term
7 years
Renews
Free account
Source document
City of Bloomington Council Minutes October 2025 (Minutes)

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Questions about this contract

Who was awarded the government contract by City of Bloomington?

Job Realty LLC was awarded this government contract by City of Bloomington, as recorded on October 13, 2025. The contract value is Partial sales tax rebate, capped over 7 years (project investment over $6,500,000).

How much is the Job Realty LLC contract with City of Bloomington worth?

The Job Realty LLC contract with City of Bloomington is valued at Partial sales tax rebate, capped over 7 years (project investment over $6,500,000).

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Bloomington Council Minutes October 2025 (Minutes), dated October 13, 2025 from City of Bloomington. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Job Realty LLC hold?

Job Realty 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 City of Bloomington currently buying?

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

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