Clarksville Town Council Minutes 2026-05-12
Council Approves PILOT Settlement with Nicholas Landing
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Description
Clarksville Town Council approved a settlement/stipulation agreement with Nicholas Landing, LLLP and Clark County concerning the 2024 property tax exemption for 1605 Progress Way. Nicholas Landing will receive a 100% property tax exemption while making a $50,000 PILOT payment under the agreement.
Contract Details
Contract Amount
$50,000 PILOT payment
Vendor
NICHOLAS LANDING LLLP
Agency
Town of Clark, IN
Contract Type
FINANCIAL_SERVICES
Document Date
May 12, 2026
Contract Term
Applies to 2024 property tax exemption year
Renewal Date
2024-12-31
Renewal Info
Agreement addresses the 2024 property tax exemption year and associated PILOT obligations; no explicit renewal terms stated.
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Clarksville Town Council Minutes 2026-05-12
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city-of-clark-council-meeting-minutes-january-6-2025_582.pdf
city-of-clark-council-meeting-minutes-january-6-2025_582.pdf
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