French Magnolia LLC to get $100K incentive
City of BristolCity · Bristol, VA- Disclosed value
- $100,000
- From agenda
- Document date
- Aug 27, 2024
- Term
- 2 years
The 30-second brief
The City of Bristol is considering a performance agreement with The French Magnolia LLC, offering up to $100,000 in economic incentives over two years. The incentive is tied to meal and alcohol tax receipts, aiming to boost economic development with a new restaurant at 601 State Street.
French Magnolia holds this economic incentive contract with City of Bristol.
Term as filed: 2 years.
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Contract details
- Contract type
- Economic Incentive
- Amount
- $100,000
- Document date
- August 27, 2024
- Term
- 2 years
- Vendor
- French Magnolia
- Agency
- City of Bristol
- Source document
- city-of-bristol-agenda-city-council-meeting-august-27-2024_a58.pdf (Agenda)
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Questions about this contract
Who was awarded the economic incentive contract by City of Bristol?
French Magnolia was awarded this economic incentive contract by City of Bristol, as recorded on August 27, 2024. The contract value is $100,000.
How much is the French Magnolia contract with City of Bristol worth?
The French Magnolia contract with City of Bristol is valued at $100,000, covering economic incentive work.
What type of contract is this?
This is a Economic Incentive contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city-of-bristol-agenda-city-council-meeting-august-27-2024_a58.pdf (Agenda), dated August 27, 2024 from City of Bristol. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does French Magnolia hold?
French Magnolia 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 Bristol currently buying?
Explore City of Bristol's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.