Delaware City Schools Awards Financial Services Contract to City of Delaware (April 2026)

The Board of Education approved participation in a compensation agreement with the City of Delaware and PPG Industries Ohio, Inc. under a 15-year Community Reinvestment Area abatement with a 30% PILOT structure. This agreement defines how PILOT funds will support the school district during PPG’s expansion.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

15-year Community Reinvestment Area abatement period (100% abatement with 30% PILOT)

Renewal

Agreement term is aligned with the 15-year CRA abatement; any extension or change would require future approval by the Board and the City.

Document type

Minutes

Source document

Delaware City Schools Board of Education Meeting Minutes April 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Delaware City Schools?

City of Delaware was awarded this financial services contract by Delaware City Schools, as recorded on April 13, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Delaware City Schools Board of Education Meeting Minutes April 2026 (Minutes), dated April 13, 2026 from Delaware City Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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