Salem Approves $10,000 TIF Agreement for Developer

Salem City Council approved a TIF 4 agreement with Cory Thorsen, DBA T-Squared Holdings, LLC. The agreement provides a $10,000 reimbursement upon completion of the project to convert a former commercial building into a residential duplex.

Document date · September 8, 2026

Track Town of Salem contracts

Get alerts when new contracts are awarded or existing ones approach renewal at Town of Salem.

Get started free

Create a free account · no credit card

Work in government? Get Civic IQ free

Scope & details

The full contract record, as filed.

Contract amount

$10,000.00

Contract type

OTHER

Contract term

Reimbursement at completion of the project

Document type

Minutes

Source document

City of Salem Minutes Regular City Council Meeting September 8, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Town of Salem?

Thorsen, Cory Dba T-squared Holdings Llc was awarded this government contract by Town of Salem, as recorded on September 8, 2026. The contract value is $10,000.00.

How much is the Thorsen, Cory Dba T-squared Holdings Llc contract with Town of Salem worth?

The Thorsen, Cory Dba T-squared Holdings Llc contract with Town of Salem is valued at $10,000.00.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Salem Minutes Regular City Council Meeting September 8, 2026 (Minutes), dated September 8, 2026 from Town of Salem. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Thorsen, Cory Dba T-squared Holdings Llc hold?

Thorsen, Cory Dba T-squared Holdings 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.

View Thorsen, Cory Dba T-squared Holdings Llc's profile

What is Town of Salem currently buying?

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

View Town of Salem's profile