Motorsport IP Acquisition Co. receive $743K economic grant
Town of ConcordCity · NE- Disclosed value
- $743,453
- From agenda
- Document date
- Feb 13, 2025
- Term
- 3 years
The 30-second brief
Motorsport IP Acquisition Co. I, LLC is considered to receive a three-year/85% tax-based economic development grant to locate at 4295 Defender Way, Concord, North Carolina 28027 and 4540 Fortune Ave NW, Concord, NC 28027. The estimated grant value is $743,453.
Motorsport Ip Acquisition holds this tax-based economic development grant contract with Town of Concord. Its other public contracts on record include work for City of Concord city and Housing Authority of the city of Concord.
Term as filed: 3 years.
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Contract details
- Contract type
- Tax-Based Economic Development Grant
- Amount
- $743,453
- Document date
- February 13, 2025
- Term
- 3 years
- Agency
- Town of Concord
- Source document
- town-of-concord-city-council-agenda-february-13-2025_66f.pdf (Agenda)
Motorsport Ip Acquisition's other public contracts
More Town of Concord contracts
Questions about this contract
Who was awarded the tax-based economic development grant contract by Town of Concord?
Motorsport Ip Acquisition was awarded this tax-based economic development grant contract by Town of Concord, as recorded on February 13, 2025. The contract value is $743,453.
How much is the Motorsport Ip Acquisition contract with Town of Concord worth?
The Motorsport Ip Acquisition contract with Town of Concord is valued at $743,453, covering tax-based economic development grant work.
What type of contract is this?
This is a Tax-Based Economic Development Grant contract, documented as a agenda record.
Where was this contract approved?
This contract appears in town-of-concord-city-council-agenda-february-13-2025_66f.pdf (Agenda), dated February 13, 2025 from Town of Concord. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Motorsport Ip Acquisition hold?
Motorsport Ip Acquisition 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 Town of Concord currently buying?
Explore Town of Concord's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.