City of Beaumont AgendaPacket Regular Meeting 2026-06-02
Beaumont Approves Tax Incentive Deal for New Development
Trusted by teams at
Description
The City Council approved a Chapter 380 agreement with Beaumont 194 LLC, providing up to 15 years of property tax incentives to reimburse infrastructure costs for a major mixed-use development at Northwest Parkway and Pointe Parkway.
Contract Details
Contract Amount
75% of ad valorem taxes for up to 15 years, not to exceed 100% of Final Estimate of public infrastructure costs
Vendor
BEAUMONT 194 LLC
Agency
City of Beaumont, TX
Contract Type
OTHER
Document Date
June 2, 2026
Contract Term
Up to 15 years or until full reimbursement of infrastructure costs
Renewal Date
2041-06-02
Renewal Info
Grant payments rebate 75% of ad valorem City taxes on new homes for up to 15 years, or until 100% of eligible infrastructure costs reimbursed.
More from BEAUMONT 194 LLC
Related Contracts
City of Beaumont Agenda Regular Meeting of the City Council 2026-06-02
APPROVEDCity of Beaumont Agenda Packet 2026-05-19
DISCUSSSEDCity of Beaumont Council Meeting Agenda May 2026
DISCUSSEDCity of Beaumont Special Meeting Agenda May 2026
PENDINGCity of Beaumont Council Meeting Agenda April 2026
APPROVEDMore from City of Beaumont
City of Beaumont AgendaPacket Regular Meeting 2026-06-02
City of Beaumont AgendaPacket Regular Meeting 2026-06-02
City of Beaumont AgendaPacket Regular Meeting 2026-06-02
City of Beaumont Agenda Regular Meeting of the City Council 2026-06-02
City of Beaumont Agenda Regular Meeting of the City Council 2026-06-02
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.