Council grants incentives to M&S Construction for retail project

The Enterprise City Council approved Resolution 07-07-26 granting performance-based economic development incentives to M&S Construction LLC for a new retail center and athletic complex. The package includes up to $700,000 in materials sales tax reimbursement and future sales tax sharing over a period not to exceed five years.

Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $700,000.00 (combined incentives)

Contract type

OTHER

Contract term

Sales tax sharing up to five years from effective date; materials reimbursement upon substantial completion

Renewal

Performance-based incentives include one-time reimbursement of construction materials sales tax and ongoing sales tax sharing for up to five years or until the $600,000 sharing cap is reached; no automatic renewal is described.

Document type

Minutes

Source document

City of Enterprise Minutes City Council Meeting 2026-07-07

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City of Enterprise Agenda Public Notice July 7, 2026

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City of Enterprise, AlabamaJul 7, 2026

City of Enterprise Agenda Regular Session Meeting 2026-07-07

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City of Enterprise, AlabamaJul 7, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Enterprise?

M&s Construction Llc was awarded this government contract by City of Enterprise, as recorded on July 7, 2026. The contract value is Not to exceed $700,000.00 (combined incentives).

How much is the M&s Construction Llc contract with City of Enterprise worth?

The M&s Construction Llc contract with City of Enterprise is valued at Not to exceed $700,000.00 (combined incentives).

What type of contract is this?

This is a government contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Enterprise Minutes City Council Meeting 2026-07-07 (Minutes), dated July 7, 2026 from City of Enterprise. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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