Rapid Prototyping Seeks Equipment Abatement
Town of FranklinCity · IN- Disclosed value
- $2,785,600 in personal property investment; additional $1,200,000 planned for equipment purchases; original request referenced $2,785,000 for 6 machines
- From minutes
- Document date
- Aug 11, 2026
- Renews
- Free account
The 30-second brief
The commission discussed a tax abatement request from Rapid Prototyping for new equipment investments. Members approved the findings and a 5-year abatement length with a 5% EDC fee.
Rapid Prototyping holds this equipment contract with Town of Franklin. Its other public contracts on record include work for Montebello Unified.
The renewal date is on record. A free account shows it, with the renewals for every Town of Franklin contract.
Know when this contract comes back up.
See the renewal dateFree account · 30-second setup · No credit card
Contract details
- Contract type
- Equipment
- Amount
- $2,785,600 in personal property investment; additional $1,200,000 planned for equipment purchases; original request referenced $2,785,000 for 6 machines
- Document date
- August 11, 2026
- Term
- 7-year tax abatement requested; term changed to 5 years
- Renews
- Free account
- Vendor
- Rapid Prototyping
- Agency
- Town of Franklin
- Source document
- City of Franklin Minutes Economic Development Commission August 11, 2026 (Minutes)
Rapid Prototyping's other public contracts
More Town of Franklin contracts
Questions about this contract
Who was awarded the equipment contract by Town of Franklin?
Rapid Prototyping was awarded this equipment contract by Town of Franklin, as recorded on August 11, 2026. The contract value is $2,785,600 in personal property investment; additional $1,200,000 planned for equipment purchases; original request referenced $2,785,000 for 6 machines.
How much is the Rapid Prototyping contract with Town of Franklin worth?
The Rapid Prototyping contract with Town of Franklin is valued at $2,785,600 in personal property investment; additional $1,200,000 planned for equipment purchases; original request referenced $2,785,000 for 6 machines, covering equipment work.
What type of contract is this?
This is a Equipment contract, documented as a minutes record.
Where was this contract approved?
This contract appears in City of Franklin Minutes Economic Development Commission August 11, 2026 (Minutes), dated August 11, 2026 from Town of Franklin. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does Rapid Prototyping hold?
Rapid Prototyping 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 Franklin currently buying?
Explore Town of Franklin's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.