30-Year PILOT & Bonds for Springfield 22 Crossing
- Disclosed value
- amount not to exceed $250,000.00 (Redevelopment Area Bonds)
- From agenda
- Document date
- Jun 22, 2026
- Term
- Thirty (30) year tax exemption period
The 30-second brief
The council will hold a hearing on an ordinance to approve a 30-year tax exemption and financial agreement for payments in lieu of taxes with Springfield 22 Crossing Urban Renewal LLC. The measure also authorizes a pledge agreement and issuance of up to $250,000.00 in Redevelopment Area Bonds to support the project costs.
Springfield 22 Crossing Urban Renewal LLC holds this financial services contract with Township of Irvington.
Term as filed: Thirty (30) year tax exemption period.
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Contract details
- Contract type
- Financial Services
- Amount
- amount not to exceed $250,000.00 (Redevelopment Area Bonds)
- Document date
- June 22, 2026
- Term
- Thirty (30) year tax exemption period
- Agency
- Township of Irvington
- Source document
- Township of Irvington Municipal Council Meeting Proposed Agenda 2026-06-22 (Agenda)
Springfield 22 Crossing Urban Renewal LLC's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Township of Irvington?
Springfield 22 Crossing Urban Renewal LLC was awarded this financial services contract by Township of Irvington, as recorded on June 22, 2026. The contract value is amount not to exceed $250,000.00 (Redevelopment Area Bonds).
How much is the Springfield 22 Crossing Urban Renewal LLC contract with Township of Irvington worth?
The Springfield 22 Crossing Urban Renewal LLC contract with Township of Irvington is valued at amount not to exceed $250,000.00 (Redevelopment Area Bonds), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Township of Irvington Municipal Council Meeting Proposed Agenda 2026-06-22 (Agenda), dated June 22, 2026 from Township of Irvington. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Springfield 22 Crossing Urban Renewal LLC hold?
Springfield 22 Crossing Urban Renewal 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.
What is Township of Irvington currently buying?
Explore Township of Irvington's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.