city-of-independence-ks-financial-statements-2024_881.pdf
City maintains incentive grant with Labette County Medical Center
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Description
The City of Independence continued its $1,000,000 incentive grant agreement with Labette County Medical Center, making annual $100,000 payments in support of employment expansion within the community. The agreement runs through March 1, 2032.
Contract Details
Contract Amount
$1,000,000 payable in ten equal annual payments of $100,000 beginning March 1, 2023
Vendor
LABETTE COUNTY MEDICAL CENTER
Agency
City of Independence, KS
Contract Type
OTHER
Document Date
December 31, 2024
Contract Term
March 1, 2023 – March 1, 2032 (10 years)
Renewal Date
2032-03-01
Renewal Info
Ten annual installments; no automatic renewals, total term of 10 years.
More from LABETTE COUNTY MEDICAL CENTER
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ONGOINGcity-of-independence-ks-financial-statements-dec-2024_992.pdf
ONGOINGcity-of-independence-ks-financial-statements-dec-2024_992.pdf
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