Town of Albion Awards Financial Services Contract to Parker Hannifin (August 2021)
Town of AlbionCity · KS- Disclosed value
- Estimated project cost $3,721,000; estimated assessed value $1,488,400
- From minutes
- Approved
- Aug 24, 2021
- Term
- 5-year personal property tax abatement
The 30-second brief
Albion Town Council approved a five-year personal property tax abatement for Parker Hannifin’s investment in a new forge press, robotics, tooling, and equipment. The project is estimated at $3.7 million and is expected to create 29 new jobs.
Parker Hannifin holds this financial services contract with Town of Albion. Its other public contracts on record include work for Erie City SD and McCook Public Schools.
Term as filed: 5-year personal property tax abatement.
See who signed off on this contract.
See who signed offFree account · 30-second setup · No credit card
Contract details
- Contract type
- Financial Services
- Amount
- Estimated project cost $3,721,000; estimated assessed value $1,488,400
- Document date
- August 24, 2021
- Term
- 5-year personal property tax abatement
- Vendor
- Parker Hannifin
- Agency
- Town of Albion
- Source document
- town-of-albion-town-council-meeting-minutes-august-24-2021_f31.pdf (Minutes)
Parker Hannifin's other public contracts
More Town of Albion contracts
Questions about this contract
Who was awarded the financial services contract by Town of Albion?
Parker Hannifin was awarded this financial services contract by Town of Albion, as recorded on August 24, 2021. The contract value is Estimated project cost $3,721,000; estimated assessed value $1,488,400.
How much is the Parker Hannifin contract with Town of Albion worth?
The Parker Hannifin contract with Town of Albion is valued at Estimated project cost $3,721,000; estimated assessed value $1,488,400, covering financial services work.
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 town-of-albion-town-council-meeting-minutes-august-24-2021_f31.pdf (Minutes), dated August 24, 2021 from Town of Albion. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does Parker Hannifin hold?
Parker Hannifin 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 Town of Albion currently buying?
Explore Town of Albion's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.