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FINANCIAL_SERVICESAPPROVED

City of Opelika City Council Regular Meeting Agenda March 2026

Faith Technologies Inc. Granted Tax Abatements

City of OpelikaFAITH TECHNOLOGIES INCMarch 3, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Council authorized statutory tax abatements and exemptions for Faith Technologies, Inc. to incentivize job creation at their new Opelika facility. Abatements are performance-based and part of the city’s recruitment strategy.

Contract Details

Vendor

FAITH TECHNOLOGIES INC

Agency

City of Opelika, AL

Contract Type

FINANCIAL_SERVICES

Document Date

March 3, 2026

Renewal Info

Abatements are tied to job creation with tiered phases; ongoing compliance required to receive full incentives.

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