Posey County Awards Financial Services Contract to Nix Companies (March 2021)

Posey County Council approved Resolution 2021-03-09-01 granting Nix Companies a seven-year real property and five-year personal property tax abatement. The incentives support an expansion project with new construction, remodeling, and added manufacturing equipment.

Document date · March 9, 2021

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Seven-year real property abatement; five-year personal property abatement

Renewal

Abatement runs for seven years on real property and five years on personal property; no extensions or renewals were discussed.

Document type

Meeting Minutes

Source document

posey-county-meeting-minutes-2021-03-09_331.pdf

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Posey County, Indiana$1,600,000.00 in building renovations and $1,030,000.00 in equipment investmentFeb 11, 2021

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Posey County?

Nix Companies was awarded this financial services contract by Posey County, as recorded on March 9, 2021.

What type of contract is this?

This is a Financial Services contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in posey-county-meeting-minutes-2021-03-09_331.pdf (Meeting Minutes), dated March 9, 2021 from Posey County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Nix Companies hold?

Nix Companies may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Nix Companies's profile

What is Posey County currently buying?

Explore Posey County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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