Council Approves Economic Incentive for Honda Dealership Redevelopment
- 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
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.
Job Realty LLC holds this contract with City of Bloomington.
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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
- Vendor
- Job Realty LLC
- Agency
- City of Bloomington
- Source document
- City of Bloomington Council Minutes October 2025 (Minutes)
Job Realty LLC's other public contracts
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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.