Jefferson Approves CRA Agreement With 40 Chestnut LLC

Jefferson authorized a Community Reinvestment Area agreement with 40 Chestnut LLC for property improvements at 40-44 N. Chestnut Street. The agreement grants a 75% property tax exemption for 15 years.

Document date · October 19, 2026

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Scope & details

The full contract record, as filed.

Contract type

OTHER

Contract term

15 years

Renewal date

2041-10-01

Renewal

15-year tax exemption; agreement was previously approved by Ordinance No. 2024-O-3344 and authorized again under Resolution No. 2026-R-3466.

Document type

AgendaPacket

Source document

Village of Jefferson AgendaPacket Council Meeting 2026-10-19

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Town of Jefferson?

40 Chestnut Llc was awarded this government contract by Town of Jefferson, as recorded on October 19, 2026.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Village of Jefferson AgendaPacket Council Meeting 2026-10-19 (AgendaPacket), dated October 19, 2026 from Town of Jefferson. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does 40 Chestnut Llc hold?

40 Chestnut 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.

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