CONTRACTONGOING

Guardian Industries Manufacturing Lease Backed by IDA

Geneva Housing Authority
Disclosed value
$55,375,600.00 total project amount; $55,375,600.00 benefited project amount
From report
Document date
Sep 30, 2019

The 30-second brief

What it covers

The Geneva Industrial Development Agency supports a major manufacturing lease project with Guardian Industries valued at $55,375,600. The IDA provides substantial property tax exemptions through 2022 while collecting $914,955 in annual PILOT payments and supporting 250 jobs.

Who holds it

Guardian Industries holds this contract with Geneva Housing Authority. Its other public contracts on record include work for City of Corsicana and City of Thornton city.

What happens next

Term as filed: Financial assistance planned to end in 2022; IDA took title on 1/1/1997.

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Contract details

Amount
$55,375,600.00 total project amount; $55,375,600.00 benefited project amount
Document date
September 30, 2019
Term
Financial assistance planned to end in 2022; IDA took title on 1/1/1997
Source document
Geneva Industrial Development Agency Annual Report 2019 (Report)

Guardian Industries's other public contracts

More Geneva Housing Authority contracts

Questions about this contract

Who was awarded the government contract by Geneva Housing Authority?

Guardian Industries was awarded this government contract by Geneva Housing Authority, as recorded on September 30, 2019. The contract value is $55,375,600.00 total project amount; $55,375,600.00 benefited project amount.

How much is the Guardian Industries contract with Geneva Housing Authority worth?

The Guardian Industries contract with Geneva Housing Authority is valued at $55,375,600.00 total project amount; $55,375,600.00 benefited project amount.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Geneva Industrial Development Agency Annual Report 2019 (Report), dated September 30, 2019 from Geneva Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Guardian Industries hold?

Guardian Industries 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 Geneva Housing Authority currently buying?

Explore Geneva Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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