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Nesson Public School District 2 Awards $150,761 Tax Abatement Contract to New Prague (October 2024)

Nesson Public School District 2 logoNesson Public School District 2
Disclosed value
$150,761
From resolution
Approved
Oct 28, 2024
Term
15 years (2027-2041)

The 30-second brief

What it covers

The City of New Prague has been approved for a property tax abatement not to exceed $150,761 for up to 15 years (2027-2041) to assist a 54-unit workforce housing apartment building project. This will help the Project from the property taxes to be levied by the District on the Tax Abatement Property.

Who holds it

New Prague holds this tax abatement contract with Nesson Public School District 2. Its other public contracts on record include work for Scott County and City of New Prague.

What happens next

Term as filed: 15 years (2027-2041).

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Contract details

Contract type
Tax Abatement
Amount
$150,761
Document date
October 28, 2024
Term
15 years (2027-2041)
Vendor
New Prague
Agency
Nesson Public School District 2
Source document
nesson-public-school-district-2resolution2024-10-28_ae5.pdf (Resolution)

New Prague's other public contracts

Scott County, MinnesotaNew Prague school mental health contract projected for 2027 · Jun 23, 2026City of New Prague, Minnesotacity-of-new-prague-agenda-2025-01-22_ec4.pdf · Jan 22, 2025UndisclosedCity of New Prague city, Minnesotacity-of-new-prague-agenda-2024-12-18_402.pdf · Dec 18, 2024UndisclosedNew Prague Area Schools, MinnesotaNew Prague Area Schools and City SRTS project. · Dec 9, 2024$686KNew Prague Area Schools, MinnesotaSchool Board approves property tax abatement resolution · Oct 28, 2024UndisclosedAll New Prague contractsVendor profile

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Questions about this contract

Who was awarded the tax abatement contract by Nesson Public School District 2?

New Prague was awarded this tax abatement contract by Nesson Public School District 2, as recorded on October 28, 2024. The contract value is $150,761.

How much is the New Prague contract with Nesson Public School District 2 worth?

The New Prague contract with Nesson Public School District 2 is valued at $150,761, covering tax abatement work.

What type of contract is this?

This is a Tax Abatement contract, documented as a resolution record.

Where was this contract approved?

This contract appears in nesson-public-school-district-2resolution2024-10-28_ae5.pdf (Resolution), dated October 28, 2024 from Nesson Public School District 2. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does New Prague hold?

New Prague 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 Nesson Public School District 2 currently buying?

Explore Nesson Public School District 2's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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