CONTRACTAPPROVED

Town of Wayne Awards Tax Exemption Contract to Van Born Re (March 2025)

Town of Wayne
Approved
Mar 18, 2025
Term
5 years

The 30-second brief

What it covers

City approves a 5-year commercial rehabilitation exemption for Van Born RE, LLC, freezing taxable value at pre-renovation amount, projected development cost is estimated at $7,000,000.00 beginning December 31, 2025, and ending December 30, 2030, , aimed at revitalizing the property located at 31720 Van Born Road.

Who holds it

Van Born Re holds this tax exemption contract with Town of Wayne. Its other public contracts on record include work for Wayne Housing Commission and Balance of Wayne County.

What happens next

Term as filed: 5 years.

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Contract details

Contract type
Tax Exemption
Document date
March 18, 2025
Term
5 years
Source document
town-of-wayne-agenda-2025-03-18_528.pdf (Agenda)

Van Born Re's other public contracts

More Town of Wayne contracts

Questions about this contract

Who was awarded the tax exemption contract by Town of Wayne?

Van Born Re was awarded this tax exemption contract by Town of Wayne, as recorded on March 18, 2025.

What type of contract is this?

This is a Tax Exemption contract, documented as a agenda record.

Where was this contract approved?

This contract appears in town-of-wayne-agenda-2025-03-18_528.pdf (Agenda), dated March 18, 2025 from Town of Wayne. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Van Born Re hold?

Van Born Re may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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