CONTRACTDISCUSSED

Woodlands Proposes TIF for Memory Care Facility

Document date: Nov 10, 2020
Renews: Mar 2027; Free account

What it covers

Woodlands Senior Living has proposed a tax increment financing district in Bridgton to support development of a $6 million, 48‑bed memory care facility. The plan would return a portion of incremental property tax revenues to the owner over a 25‑year period and includes attorney‑prepared TIF adoption materials.

Who holds it

Woodlands Senior Living holds this financial services contract with Town of Bridgton. Its other public contracts on record include work for City of Augusta and Augusta village.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Town of Bridgton contract.

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Contract details

Contract type: Financial Services
Document date: November 10, 2020
Term: Proposed TIF revenue distribution over 25 years
Renews: Free account
Vendor: Woodlands Senior Living
Agency: Town of Bridgton
Source document: bridgton-meeting-agenda-2020-11-10-pdf_398.pdf (Meeting Agenda)

Woodlands Senior Living's other public contracts

City of Augusta, MaineCommercial New Construction Permit for Woodlands Senior Living · Jan 31, 2023$49K Augusta village, IllinoisAugusta Sells Property to Woodlands Senior Living for $75K · Sep 15, 2022$75K City of Augusta, MaineCity sells property to Woodlands Senior Living · Sep 15, 2022$75K City of Augusta, MaineAugusta Sells Property to Woodlands Senior Living for $75K · Sep 15, 2022$75K City of Augusta, MaineWoodlands Senior Living Proposes Office Building · Jan 11, 2022Undisclosed All Woodlands Senior Living contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by Town of Bridgton?

Woodlands Senior Living was awarded this financial services contract by Town of Bridgton, as recorded on November 10, 2020.

What type of contract is this?

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

Where was this contract approved?

This contract appears in bridgton-meeting-agenda-2020-11-10-pdf_398.pdf (Meeting Agenda), dated November 10, 2020 from Town of Bridgton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Woodlands Senior Living hold?

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

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