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FINANCIAL_SERVICESAPPROVED

sheridan_town_council_meeting_minutes_august_5_202.pdf

Ten-Year Tax Abatement Approved for Proliant Project

Town of SheridanPROLIANTAugust 5, 2025

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Sheridan Town Council approved Resolution 2025-16 granting Proliant a 10-year tax abatement for development in the Countryside Industrial Park Economic Revitalization Area. Proliant plans to invest $2.4 million on Lot 5 and create six new positions.

Contract Details

Vendor

PROLIANT

Agency

Town of Sheridan, IN

Contract Type

FINANCIAL_SERVICES

Document Date

August 5, 2025

Contract Term

10-year tax abatement

Renewal Info

Ten-year tax abatement approved under Resolution 2025-16; abatement schedule and any renewal options not detailed in the minutes.

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