CONTRACTAPPROVED

Town of Olive Awards $13,000,000 Tax Abatement Contract to ZGSX (June 2025)

Disclosed value: $13,000,000; From resolution
Approved: Jun 3, 2025

What it covers

Madison County approves property tax abatement for ZGSX, LLC's $13MM "McDonough Horseshoe Service Center" project in Collinsville. The project is estimated to potentially create 50-100 new jobs, as well as additional sales tax revenues.

Who holds it

ZGSX holds this tax abatement contract with Town of Olive. Its other public contracts on record include work for Town of Omphghent and Town of Alhambra.

See who signed off on this $13M contract.

See who signed off

Free account · 30-second setup · No credit card

Contract details

Contract type: Tax Abatement
Amount: $13,000,000
Document date: June 3, 2025
Term: NA
Vendor: ZGSX
Agency: Town of Olive
Source document: madison-county-resolution-authorizing-property-tax-abatement_155.pdf (Resolution)

ZGSX's other public contracts

Town of Omphghent, IllinoisZGSX, LLC requests $13MM incentives for warehouse project · Jun 3, 2025$13M Town of Alhambra, IllinoisZGSX, LLC seeks $13MM incentives for warehouse · Jun 3, 2025$13M Madison County, IllinoisZGSX, LLC Plans $13MM Flex Warehouse Project · Jun 3, 2025$13M All ZGSX contractsVendor profile

More Town of Olive contracts

EWASTETown Plans Agreement With EWaste For Recycling · Jul 13, 2026Undisclosed Afscme Council 66 Local 750-1Town Considers AFSCME Collective Bargaining Agreement · Jul 13, 2026Undisclosed EWASTETown Plans Electronic Recycling Agreement With EWaste · Jul 13, 2026Undisclosed EWASTESecond Agenda Item For EWaste Recycling Agreement · Jul 13, 2026Undisclosed Lamont EngineeringPlanning Board Coordinates with Lamont Engineering on Sewer Project · May 19, 2026Undisclosed All Town of Olive activityAgency profile

Questions about this contract

Who was awarded the tax abatement contract by Town of Olive?

ZGSX was awarded this tax abatement contract by Town of Olive, as recorded on June 3, 2025. The contract value is $13,000,000.

How much is the ZGSX contract with Town of Olive worth?

The ZGSX contract with Town of Olive is valued at $13,000,000, 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 madison-county-resolution-authorizing-property-tax-abatement_155.pdf (Resolution), dated June 3, 2025 from Town of Olive. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does ZGSX hold?

ZGSX 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 Town of Olive currently buying?

Explore Town of Olive's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

Work in government? Get Civic IQ free →

More Town of Olive contracts →Browse all agencies in Illinois →