Six-Year Tax Abatement Approved for Clifty Madison LLC Hotel

Scope & details

The full contract record, as filed.

Contract type

OTHER

Contract term

6 years

Renewal date

2032-06-16

Renewal

No auto-renewal; abatement is for six consecutive years per resolution.

Document type

Agenda

Source document

City of Madison City Council Agenda 2026-06-16

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City of Madison Common Council Minutes 2026-06-16

DISCUSSED

Town of Madison, IndianaJun 16, 2026

City of Madison AgendaPacket City Council Agenda 2026-06-02

PENDING

City of Madison, Indiana6-year real property tax abatement; estimated taxes saved approx. $665,000 over abatement periodJun 2, 2026

Madison Redevelopment Commission Minutes 2026-05-12

APPROVED

Town of Madison, IndianaMay 12, 2026

City of Madison Redevelopment Commission Agenda May 12 2026

PENDING

Town of Madison, IndianaMay 12, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Town of Madison?

Clifty Madison Llc was awarded this government contract by Town of Madison, as recorded on June 16, 2026.

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Madison City Council Agenda 2026-06-16 (Agenda), dated June 16, 2026 from Town of Madison. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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