FINANCIAL_SERVICESAPPROVED

Town of Richfield Awards Financial Services Contract to Aaa Cooper Transportation (June 2026)

The Village of Richfield approved a Job Creation Income Tax Incentive Grant Agreement with AAA COOPER TRANSPORTATION, providing up to 15% of net income tax revenues on qualifying payroll from 2027 through 2029 in exchange for creating 55 new full-time-equivalent jobs. The agreement includes a sliding-scale reduction for lower payroll levels and clawback provisions if the company leaves or ceases operations by the end of 2030.

Document date · June 2, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
15% of Village Net Income Tax Revenues on Actual Payroll up to $3,800,000 annually, subject to reduction schedule
Contract type
FINANCIAL_SERVICES
Contract term
Job Creation Grant term from January 1, 2027 through December 31, 2029; reimbursement obligations through December 31, 2030
Renewal date
2030-12-31
Renewal
Agreement automatically terminates at the end of the Job Creation Grant term; no renewal or extension provisions are stated. Clawback and termination rights continue through December 31, 2030 and may be triggered by project non-completion, reporting failures, delinquent taxes, or relocation or closure of operations.
Document type
Resolution
Source document
Village of Richfield Resolution Job Creation Income Tax Incentive Grant Agreement 2026-06-02

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Aaa Cooper Transportation was awarded this financial services contract by Town of Richfield, as recorded on June 2, 2026. The contract value is 15% of Village Net Income Tax Revenues on Actual Payroll up to $3,800,000 annually, subject to reduction schedule.

How much is the Aaa Cooper Transportation contract with Town of Richfield worth?

The Aaa Cooper Transportation contract with Town of Richfield is valued at 15% of Village Net Income Tax Revenues on Actual Payroll up to $3,800,000 annually, subject to reduction schedule, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record.

Where was this contract approved?

This contract appears in Village of Richfield Resolution Job Creation Income Tax Incentive Grant Agreement 2026-06-02 (Resolution), dated June 2, 2026 from Town of Richfield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Aaa Cooper Transportation hold?

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

View Aaa Cooper Transportation's profile

What is Town of Richfield currently buying?

Explore Town of Richfield's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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