FINANCIAL_SERVICESAPPROVED

Southwest Licking Local Schools Awards Financial Services Contract to Merus Re Llc (July 2026)

Merus RE LLC submitted and received approval for a Community Reinvestment Area tax incentive application with Reynoldsburg, seeking a 75% real property tax exemption for 15 years to support a $108 million, three-building industrial development. The project anticipates 470 new full-time jobs and over $22.5 million in new payroll at full build-out.

Document date · July 8, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Approximately $108,000,000 total project investment; 75% real property tax exemption for 15 years per building (as requested in application)
Contract type
FINANCIAL_SERVICES
Contract term
Requested 15-year real property tax exemption at 75% covering real property for the project; Phase 1 planned Q3 2026–Q3 2027; Phase 2 to start soon after Phase 1 completion
Renewal date
2044-12-31
Renewal
Requested CRA incentives are for a fixed 15-year term per building once granted and are not structured as renewable; terms align with the City’s CRA Agreement with Summit Road Industrial LLC.
Document type
Agreement
Source document
City of Reynoldsburg Community Reinvestment Area Agreement 2026-07-08

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Southwest Licking Local Schools?

Merus Re Llc was awarded this financial services contract by Southwest Licking Local Schools, as recorded on July 8, 2026. The contract value is Approximately $108,000,000 total project investment; 75% real property tax exemption for 15 years per building (as requested in application).

How much is the Merus Re Llc contract with Southwest Licking Local Schools worth?

The Merus Re Llc contract with Southwest Licking Local Schools is valued at Approximately $108,000,000 total project investment; 75% real property tax exemption for 15 years per building (as requested in application), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agreement record.

Where was this contract approved?

This contract appears in City of Reynoldsburg Community Reinvestment Area Agreement 2026-07-08 (Agreement), dated July 8, 2026 from Southwest Licking Local Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Merus Re Llc hold?

Merus Re Llc 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 Merus Re Llc's profile

What is Southwest Licking Local Schools currently buying?

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