Tax Exemptions Approved for Sullivan Construction Project

The Valley City Commission approved a Renaissance Zone incentive package for Sullivan Construction, granting a 5-year state income tax exemption and a 5-year property tax exemption capped at $300,000 valuation for a new single-family home designated VC-138. The action supports residential development within the city’s Renaissance Zone.

Document date · May 20, 2025

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Scope & details

The full contract record, as filed.

Contract type

OTHER

Contract term

5-year state income tax exemption and 5-year property tax exemption capped at $300,000 valuation

Renewal date

2030-05-20

Renewal

Incentives run for 5 years for both income and property tax exemptions; renewals or extensions are not specified and would require further action.

Document type

Minutes

Source document

City of Valley City Minutes City Commission Meeting 2025-05-20

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Valley City Park District?

Sullivan Construction was awarded this government contract by Valley City Park District, as recorded on May 20, 2025.

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 Valley City Minutes City Commission Meeting 2025-05-20 (Minutes), dated May 20, 2025 from Valley City Park District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Sullivan Construction hold?

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