Town Considers TIF Deal With Enterprise Mobility
- Disclosed value
- Estimated $2,000,000 in TIF-funded site improvements; rent abatement; increased vehicle registration revenue schedule
- From agendapacket
- Document date
- Aug 17, 2026
The 30-second brief
Londonderry is considering a TIF-funded arrangement with Enterprise Mobility for renovations at 10 Navigator Road, using up to $2 million in district funds in exchange for rent abatement and a long-term commitment to increased motor vehicle registration revenue. The proposal is tied to a 20-year lease with two optional 5-year extensions and includes payback of public investment plus interest by Year 7.
Enterprise Mobility holds this contract with Town of Londonderry. Its other public contracts on record include work for California Vanpool Authority (Calvans) and City of East Point.
Term as filed: Initial 20-year lease plus two 5-year extensions (total potential 30 years); payback plus interest by end of Year 7.
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Contract details
- Amount
- Estimated $2,000,000 in TIF-funded site improvements; rent abatement; increased vehicle registration revenue schedule
- Document date
- August 17, 2026
- Term
- Initial 20-year lease plus two 5-year extensions (total potential 30 years); payback plus interest by end of Year 7
- Vendor
- Enterprise Mobility
- Agency
- Town of Londonderry
- Source document
- Town of Londonderry AgendaPacket 2026-08-17 (AgendaPacket)
Enterprise Mobility's other public contracts
More Town of Londonderry contracts
Questions about this contract
Who was awarded the government contract by Town of Londonderry?
Enterprise Mobility was awarded this government contract by Town of Londonderry, as recorded on August 17, 2026. The contract value is Estimated $2,000,000 in TIF-funded site improvements; rent abatement; increased vehicle registration revenue schedule.
How much is the Enterprise Mobility contract with Town of Londonderry worth?
The Enterprise Mobility contract with Town of Londonderry is valued at Estimated $2,000,000 in TIF-funded site improvements; rent abatement; increased vehicle registration revenue schedule.
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 Town of Londonderry AgendaPacket 2026-08-17 (AgendaPacket), dated August 17, 2026 from Town of Londonderry. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Enterprise Mobility hold?
Enterprise Mobility 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 Londonderry currently buying?
Explore Town of Londonderry's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.