CONTRACTAPPROVED

City of Weslaco Awards Tax Abatement Agreement Contract to Sams Real Estate Business Trust (June 2025)

Approved: Jun 9, 2025
Term: June 9, 2025 – December 31, 2032

What it covers

Sam’s Real Estate Business Trust awarded tax abatement agreement for $56 million investment in Weslaco Reinvestment Zone No. 3, effective June 9, 2025 through December 31, 2032.

Who holds it

Sams Real Estate Business Trust holds this tax abatement agreement contract with City of Weslaco. Its other public contracts on record include work for Larimer County.

What happens next

Term as filed: June 9, 2025 – December 31, 2032.

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Contract details

Contract type: Tax Abatement Agreement
Document date: June 9, 2025
Term: June 9, 2025 – December 31, 2032
Vendor: Sams Real Estate Business Trust
Agency: City of Weslaco
Source document: city-of-weslaco-special-meeting-agenda-june-9-2025_211.pdf (Agenda)

Sams Real Estate Business Trust's other public contracts

Larimer County, ColoradoLarge Commercial Tax Abatement for Sams Real Estate Trust · Apr 28, 2026Undisclosed City of Weslaco, TexasSam’s Real Estate Business Trust tax abatement agreement approved · Jun 9, 2025Undisclosed City of Weslaco, TexasSam’s Real Estate Business Trust tax abatement agreement approved · Jun 9, 2025Undisclosed City of Weslaco, TexasSam’s Real Estate Business Trust tax abatement agreement approved · Jun 9, 2025Undisclosed City of Weslaco, TexasSam’s Real Estate Business Trust tax abatement agreement approved · Jun 9, 2025Undisclosed All Sams Real Estate Business Trust contractsVendor profile

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Questions about this contract

Who was awarded the tax abatement agreement contract by City of Weslaco?

Sams Real Estate Business Trust was awarded this tax abatement agreement contract by City of Weslaco, as recorded on June 9, 2025.

What type of contract is this?

This is a Tax Abatement Agreement contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-weslaco-special-meeting-agenda-june-9-2025_211.pdf (Agenda), dated June 9, 2025 from City of Weslaco. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Sams Real Estate Business Trust hold?

Sams Real Estate Business Trust 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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