Washington Local Schools Awards Financial Services Contract to Westgate Village North LLC (November 2025)
Washington Local SchoolsSchool · Toledo, OH- Disclosed value
- Thirteen (13) annual payments of $500,000.00 each, subject to adjustment (estimated total $6,500,000.00)
- From agreement
- Approved
- Nov 19, 2025
The 30-second brief
The Washington Local School District approved an Abatement Payment Agreement with Westgate Village North LLC under which the company will make 13 annual payments of $500,000, subject to adjustment, during a 15‑year, 100% CRA tax abatement for a new commercial development in Toledo. Payments begin in the third year after the first parcel receives exemption and are tied to actual real estate tax assessments on project improvements.
Westgate Village North LLC holds this financial services contract with Washington Local Schools. Its other public contracts on record include work for City of Toledo.
Term as filed: Thirteen (13) annual payments beginning in the third calendar year after the first applicable parcel is first exempted; abatement term 15 years.
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Contract details
- Contract type
- Financial Services
- Amount
- Thirteen (13) annual payments of $500,000.00 each, subject to adjustment (estimated total $6,500,000.00)
- Document date
- November 19, 2025
- Term
- Thirteen (13) annual payments beginning in the third calendar year after the first applicable parcel is first exempted; abatement term 15 years
- Agency
- Washington Local Schools
- Source document
- Washington Local School District Abatement Payment Agreement 2025-11-19 (Agreement)
Westgate Village North LLC's other public contracts
More Washington Local Schools contracts
Questions about this contract
Who was awarded the financial services contract by Washington Local Schools?
Westgate Village North LLC was awarded this financial services contract by Washington Local Schools, as recorded on November 19, 2025. The contract value is Thirteen (13) annual payments of $500,000.00 each, subject to adjustment (estimated total $6,500,000.00).
How much is the Westgate Village North LLC contract with Washington Local Schools worth?
The Westgate Village North LLC contract with Washington Local Schools is valued at Thirteen (13) annual payments of $500,000.00 each, subject to adjustment (estimated total $6,500,000.00), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agreement record.
Where was this contract approved?
This contract appears in Washington Local School District Abatement Payment Agreement 2025-11-19 (Agreement), dated November 19, 2025 from Washington Local Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Westgate Village North LLC hold?
Westgate Village North 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 Washington Local Schools currently buying?
Explore Washington Local Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.