Hull Industrial Development Corporation gets $6M grant
City of HullCity · IA- Disclosed value
- $6,000,000
- From agenda
- Document date
- Sep 8, 2025
- Term
- 10 years
The 30-second brief
City of Hull is setting aside $6,000,000 to Hull Industrial Development Corporation (HIDC) for continued economic development and job creation/retention within the Urban Renewal Area. The City will be making annual payments not to exceed $700,000 commencing June 30, 2029, and ending after ten years, the annual payment amounts depend on qualified project costs, TIF revenues, and other economic factors
Hull Industrial Development holds this grant contract with City of Hull. Its other public contracts on record include work for Town of Hull.
Term as filed: 10 years.
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Contract details
- Contract type
- Grant
- Amount
- $6,000,000
- Document date
- September 8, 2025
- Term
- 10 years
- Agency
- City of Hull
- Source document
- city-of-hull-regular-city-council-meeting-agenda-september-8-2025_943.pdf (Agenda)
Hull Industrial Development's other public contracts
More City of Hull contracts
Questions about this contract
Who was awarded the grant contract by City of Hull?
Hull Industrial Development was awarded this grant contract by City of Hull, as recorded on September 8, 2025. The contract value is $6,000,000.
How much is the Hull Industrial Development contract with City of Hull worth?
The Hull Industrial Development contract with City of Hull is valued at $6,000,000, covering grant work.
What type of contract is this?
This is a Grant contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city-of-hull-regular-city-council-meeting-agenda-september-8-2025_943.pdf (Agenda), dated September 8, 2025 from City of Hull. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Hull Industrial Development hold?
Hull Industrial Development 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 Hull currently buying?
Explore City of Hull's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.