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City of Mercedes Awards $21,053,228 Economic Development Agreement Contract to Olivarez Organization (August 2025)

City of Mercedes logoCity of Mercedes
Disclosed value
$21,053,228
From agenda
Approved
Aug 19, 2025
Term
August 2025 – December 31, 2059

The 30-second brief

What it covers

Olivarez Organization, LLC awarded $21,053,228 economic development agreement for residential and multifamily development in Subdivision 16, with payments from August 2025 through December 31, 2059.

Who holds it

Olivarez Organization holds this economic development agreement contract with City of Mercedes.

What happens next

Term as filed: August 2025 – December 31, 2059.

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Contract details

Contract type
Economic Development Agreement
Amount
$21,053,228
Document date
August 19, 2025
Term
August 2025 – December 31, 2059
Vendor
Olivarez Organization
Agency
City of Mercedes
Source document
city-of-mercedes-san-jacinto-redevelopment-authority-regular-meeting-agenda_11b.pdf (Agenda)

Olivarez Organization's other public contracts

City of Mercedes, TexasReimbursement Agreement Approved for Olivarez Organization (TIRZ No. 2) · Sep 22, 2025UndisclosedCity of Mercedes, TexasEconomic Development Reimbursement for Olivarez Organization, LLC · Sep 2, 2025UndisclosedCity of Mercedes, TexasReimbursement Agreement with Olivarez Organization for TIRZ No. 2 · Sep 2, 2025UndisclosedCity of Mercedes, TexasOlivarez Organization LLC Reimbursement Agreement on Agenda · Aug 19, 2025UndisclosedCity of Mercedes, TexasOlivarez Organization TIRZ No. 2 Reimbursement Agreement · Aug 19, 2025UndisclosedAll Olivarez Organization contractsVendor profile

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Questions about this contract

Who was awarded the economic development agreement contract by City of Mercedes?

Olivarez Organization was awarded this economic development agreement contract by City of Mercedes, as recorded on August 19, 2025. The contract value is $21,053,228.

How much is the Olivarez Organization contract with City of Mercedes worth?

The Olivarez Organization contract with City of Mercedes is valued at $21,053,228, covering economic development agreement work.

What type of contract is this?

This is a Economic Development Agreement contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-mercedes-san-jacinto-redevelopment-authority-regular-meeting-agenda_11b.pdf (Agenda), dated August 19, 2025 from City of Mercedes. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Olivarez Organization hold?

Olivarez Organization 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 City of Mercedes currently buying?

Explore City of Mercedes's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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