TIRZ 380 Incentive Agreement for MM Platinum Ranch
City of GunterCity · TX- Disclosed value
- Up to $157,000,000.00 (TIRZ grant funded by 33.37% of City's ad valorem tax increment after administrative expenses)
- From agendapacket
- Document date
- May 18, 2026
- Renews
- Free account
The 30-second brief
The Gunter TIRZ No. 3 Board is considering authorization of a Chapter 380 Economic Development Agreement with MM Platinum Ranch LLC, dedicating a portion of the City's TIRZ tax increment to an economic development grant. The agreement would run for up to 40 years or until $157 million in TIRZ-funded grants have been paid, to support infrastructure and development within the Platinum Ranch project.
Mm Platinum Ranch LLC holds this financial services contract with City of Gunter. Its other public contracts on record include work for MUSTANG SUD.
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $157,000,000.00 (TIRZ grant funded by 33.37% of City's ad valorem tax increment after administrative expenses)
- Document date
- May 18, 2026
- Term
- Up to forty (40) years from execution, or until cumulative City TIRZ increment in the TIRZ Fund (including interest) totals $157,000,000.00, whichever occurs first
- Renews
- On record
- Vendor
- Mm Platinum Ranch LLC
- Agency
- City of Gunter
- Source document
- City of Gunter TIRZ No. 3 Board Meeting Agenda Packet May 2026 (AgendaPacket)
Mm Platinum Ranch LLC's other public contracts
More City of Gunter contracts
Questions about this contract
Who was awarded the financial services contract by City of Gunter?
Mm Platinum Ranch LLC was awarded this financial services contract by City of Gunter, as recorded on May 18, 2026. The contract value is Up to $157,000,000.00 (TIRZ grant funded by 33.37% of City's ad valorem tax increment after administrative expenses).
How much is the Mm Platinum Ranch LLC contract with City of Gunter worth?
The Mm Platinum Ranch LLC contract with City of Gunter is valued at Up to $157,000,000.00 (TIRZ grant funded by 33.37% of City's ad valorem tax increment after administrative expenses), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in City of Gunter TIRZ No. 3 Board Meeting Agenda Packet May 2026 (AgendaPacket), dated May 18, 2026 from City of Gunter. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Mm Platinum Ranch LLC hold?
Mm Platinum Ranch LLC 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 Gunter currently buying?
Explore City of Gunter's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.