Common Contracts
1 similar Abatement Agreement contracts
In October 2017, the Board of Education approved an abatement agreement to incentivize an expansion of the Rexnord facility within the District. Both District 99 and District 58 approved the abatement agreement. The Village of Downers Grove, instead...Abatement Agreement • February 12th, 2022
This year is the first year that Rexnord qualifies for the abatement as part of its expansion plan. The agreement calls for Rexnord to expand its facilities and to maintain a number of positions above a specific pay rate. Rexnord has met that threshold as agreed to by the initial agreement.
