OTHERAPPROVED

Spencer Approves Five-Year Crow Holdings Development Incentive

Spencer approved an economic incentive grant for Crow Holdings Development's planned industrial project at 626 Willow Creek Drive. The five-year grant is estimated at approximately $1.89 million and will be calculated from 75% of the project's incremental property tax revenue.

Document date · October 13, 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
Approximately $1,891,500 total estimated incentive over five years
Contract type
OTHER
Contract term
Five years
Renewal date
2031-09-08
Renewal
The approved grant is a five-year incentive arrangement; staff was authorized to negotiate final terms. The resolution also allows the Town to consider future improvements or separate grants for the property.
Document type
AgendaPacket
Source document
Spencer Board of Aldermen Agenda Packet October 13, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Town of Spencer?

Crow Holdings Development was awarded this government contract by Town of Spencer, as recorded on October 13, 2026. The contract value is Approximately $1,891,500 total estimated incentive over five years.

How much is the Crow Holdings Development contract with Town of Spencer worth?

The Crow Holdings Development contract with Town of Spencer is valued at Approximately $1,891,500 total estimated incentive over five years.

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 Spencer Board of Aldermen Agenda Packet October 13, 2026 (AgendaPacket), dated October 13, 2026 from Town of Spencer. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Crow Holdings Development hold?

Crow Holdings Development 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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