IDA Inducement Approved for Rella Owner LLC Project

Scope & details

The full contract record, as filed.

Contract amount

Exemptions of up to $1,088,750.00 in State and Local Sales Taxes on up to $13,000,000.00 of qualified expenditures; mortgage recording tax exemption of approximately $420,000.00 on a mortgage of up to $42,000,000.00; PILOT amounts to be determined

Contract type

FINANCIAL_SERVICES

Contract term

Inducement resolution effective upon approval by the County Executive and acceptance by the Company; may be deemed expired any time after twelve months from January 1, 2026 if not finalized

Renewal date

2027-01-01

Renewal

The inducement resolution may be deemed expired by the Agency at any time after twelve months from its date if final authorizing resolutions and project agreements are not completed.

Document type

Resolution

Source document

County of Rockland Industrial Development Agency Inducement Resolution Rella Owner LLC Project 2026-01-01

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Rockland County Industrial Development Agency Minutes Regular Meeting 2026-06-18

APPROVED

Rockland School District 382, Idaho$45.8 million (total project cost)Jun 18, 2026

County of Rockland Industrial Development Agency Authorizing Resolution Rella Owner LLC Project 2026-06-18

APPROVED

Rockland School District 382, IdahoUp to $42,000,000.00 (mortgage); exemption from mortgage recording tax up to $420,000.00; exemption from sales tax up to $1,088,750.00 for qualified expenditures up to $13,000,000.00Jun 18, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Rockland School District 382?

Rella Owner Llc was awarded this financial services contract by Rockland School District 382, as recorded on January 1, 2026. The contract value is Exemptions of up to $1,088,750.00 in State and Local Sales Taxes on up to $13,000,000.00 of qualified expenditures; mortgage recording tax exemption of approximately $420,000.00 on a mortgage of up to $42,000,000.00; PILOT amounts to be determined.

How much is the Rella Owner Llc contract with Rockland School District 382 worth?

The Rella Owner Llc contract with Rockland School District 382 is valued at Exemptions of up to $1,088,750.00 in State and Local Sales Taxes on up to $13,000,000.00 of qualified expenditures; mortgage recording tax exemption of approximately $420,000.00 on a mortgage of up to $42,000,000.00; PILOT amounts to be determined, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in County of Rockland Industrial Development Agency Inducement Resolution Rella Owner LLC Project 2026-01-01 (Resolution), dated January 1, 2026 from Rockland School District 382. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Rella Owner Llc hold?

Rella Owner Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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