General Brown Central School District Awards Financial Services Contract to Convalt Manufacturing Llc (April 2022)

The General Brown Central School District Board of Education approved a consent resolution supporting a 20-year PILOT Agreement between the Jefferson County Industrial Development Agency and Convalt Manufacturing, LLC for a $63.12 million solar panel manufacturing facility. The resolution authorizes a fixed payment-in-lieu-of-taxes schedule to be distributed among affected tax jurisdictions.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Twenty (20) years of real property tax exemption under PILOT Agreement

Renewal

PILOT Agreement provides a 20-year fixed payment schedule as a deviation from the JCIDA Uniform Tax Exemption Policy; future changes would require additional approvals.

Document type

Minutes

Source document

general_brown_central_school_district_board_minute.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by General Brown Central School District?

Convalt Manufacturing Llc was awarded this financial services contract by General Brown Central School District, as recorded on April 6, 2022.

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 general_brown_central_school_district_board_minute.pdf (Minutes), dated April 6, 2022 from General Brown Central School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Convalt Manufacturing Llc hold?

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