Burr Ridge Recommends Five-Year Oremus Incentive
Lime Ridge villageCity · WI- Disclosed value
- Approximately $1,000,000 in sales-tax rebates over five years; 50% of local sales tax proceeds
- From agenda
- Document date
- Feb 25, 2019
- Term
- 5 years
The 30-second brief
Burr Ridge recommended an economic development incentive agreement with Oremus Materials to attract the company's sales office. The proposed five-year arrangement would rebate 50% of local sales tax, projected at approximately $1 million.
Oremus Materials holds this contract with Lime Ridge village. Its other public contracts on record include work for McCook village and Marana Unified District.
Term as filed: 5 years.
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Contract details
- Amount
- Approximately $1,000,000 in sales-tax rebates over five years; 50% of local sales tax proceeds
- Document date
- February 25, 2019
- Term
- 5 years
- Vendor
- Oremus Materials
- Agency
- Lime Ridge village
- Source document
- village-of-burr-ridge-village-board-meeting-agenda-february-25-2019_387.pdf (Agenda)
Oremus Materials's other public contracts
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Questions about this contract
Who was awarded the government contract by Lime Ridge village?
Oremus Materials was awarded this government contract by Lime Ridge village, as recorded on February 25, 2019. The contract value is Approximately $1,000,000 in sales-tax rebates over five years; 50% of local sales tax proceeds.
How much is the Oremus Materials contract with Lime Ridge village worth?
The Oremus Materials contract with Lime Ridge village is valued at Approximately $1,000,000 in sales-tax rebates over five years; 50% of local sales tax proceeds.
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 village-of-burr-ridge-village-board-meeting-agenda-february-25-2019_387.pdf (Agenda), dated February 25, 2019 from Lime Ridge village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Oremus Materials hold?
Oremus Materials 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 Lime Ridge village currently buying?
Explore Lime Ridge village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.