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Kingsville to fund infrastructure with $3.5 million revenue

City of Kingsville
Disclosed value
$3,459,886
From agenda
Document date
Jun 24, 2024
Term
30 years

The 30-second brief

What it covers

Kingsville considers tax increment financing for new development project. The goal is to encourage private development that will yield additional tax revenue to all taxing jurisdictions

Who holds it

David Pettit Economic Development holds this tax increment financing contract with City of Kingsville. Its other public contracts on record include work for City of Van Alstyne city and City of Victoria.

What happens next

Term as filed: 30 years.

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Contract details

Contract type
Tax Increment Financing
Amount
$3,459,886
Document date
June 24, 2024
Term
30 years
Vendor
David Pettit Economic Development
Agency
City of Kingsville
Source document
city-of-kingsville-agenda-2024-06-24_11c.pdf (Agenda)

David Pettit Economic Development's other public contracts

City of Van Alstyne city, TexasDavid Pettit Economic Development TIRZ Analysis Referenced · Jul 14, 2026UndisclosedCity of Victoria, TexasFirm Engaged to Assist TIRZ Administration · Nov 3, 2025UndisclosedBig Spring Housing Authority, TexasConsultant creating timeline for TIRZ district · May 20, 2025UndisclosedSanctuary Mud 2 Of Denton County, TexasDavid Pettit to lead TIRZ amendment · Dec 5, 2024UndisclosedSanctuary Mud 2 Of Denton County, TexasConsultant selected for downtown TIRZ project · Dec 4, 2024UndisclosedAll David Pettit Economic Development contractsVendor profile

More City of Kingsville contracts

UNITEDHEALTHCARECity Employee Health Benefits program · Jun 23, 2025$5.2MLangford Community ManagementKingsville considers grant services agreement amendment with Langford Community Management · Jun 9, 2025UndisclosedEtech ConstructionEtech Construction to repair water crossings · Jun 9, 2025UndisclosedD&m Underground ConstructionD&M Corp Approved for Sanitary Sewer Improvement Project · May 27, 2025UndisclosedD&m Underground ConstructionCity approves $61,946 sanitary sewer improvements contract · May 27, 2025$61.9KAll City of Kingsville activityAgency profile

Questions about this contract

Who was awarded the tax increment financing contract by City of Kingsville?

David Pettit Economic Development was awarded this tax increment financing contract by City of Kingsville, as recorded on June 24, 2024. The contract value is $3,459,886.

How much is the David Pettit Economic Development contract with City of Kingsville worth?

The David Pettit Economic Development contract with City of Kingsville is valued at $3,459,886, covering tax increment financing work.

What type of contract is this?

This is a Tax Increment Financing contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-kingsville-agenda-2024-06-24_11c.pdf (Agenda), dated June 24, 2024 from City of Kingsville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does David Pettit Economic Development hold?

David Pettit Economic Development 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 Kingsville currently buying?

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

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