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Irondale approves $2M for Subaru development project

Town of Trafford
Disclosed value
$2,000,000
From resolution
Document date
Apr 15, 2025
Term
10 years

The 30-second brief

What it covers

The City of Irondale approves a development agreement with Hallmark ACQ, LLC for the Subaru project, providing economic development grants up to $2,000,000 over ten years to establish and expand a Subaru automobile dealership.

Who holds it

Hallmark Acq holds this development incentive contract with Town of Trafford. Its other public contracts on record include work for City of Irondale and Town of Irondale.

What happens next

Term as filed: 10 years.

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Contract details

Contract type
Development Incentive
Amount
$2,000,000
Document date
April 15, 2025
Term
10 years
Vendor
Hallmark Acq
Agency
Town of Trafford
Source document
town-of-traffordresolution2025-04-15_093.pdf (Resolution)

Hallmark Acq's other public contracts

City of Irondale, AlabamaHallmark ACQ incentives Approved for property Development · Apr 15, 2025UndisclosedTown of Trafford, AlabamaIrondale & Hallmark ACQ, LLC sign development agreement · Apr 15, 2025UndisclosedTown of Irondale, MinnesotaHallmark ACQ to get $2M Economic Development Grants · Apr 15, 2025$2MTown of Section, AlabamaDevelopment agreement approved for Hallmark ACQ, LLC · Apr 15, 2025UndisclosedTown of Trafford, AlabamaHallmark ACQ, LLC Receives Economic Incentives Agreement · Apr 15, 2025UndisclosedAll Hallmark Acq contractsVendor profile

More Town of Trafford contracts

H&s Excavating Contractors LLCQuote Presented for Third Avenue Drain Pipe Repair · Jan 20, 2026$3.8KLegal Liability Risk ManagementIrondale Police Department Policy Review Approved · Jun 17, 2025$2.8KCentral Alabama Asphalt & ConstructionRoad Paving Agreement Approved for $2.6M · Jun 17, 2025$2.6MCity of IrondaleWeed Abatement Approved for Irondale Property · Jun 17, 2025UndisclosedBirmingham Engineering & Construction ConsultantsFire Station Construction Material Testing Approved · Jun 17, 2025$31.2KAll Town of Trafford activityAgency profile

Questions about this contract

Who was awarded the development incentive contract by Town of Trafford?

Hallmark Acq was awarded this development incentive contract by Town of Trafford, as recorded on April 15, 2025. The contract value is $2,000,000.

How much is the Hallmark Acq contract with Town of Trafford worth?

The Hallmark Acq contract with Town of Trafford is valued at $2,000,000, covering development incentive work.

What type of contract is this?

This is a Development Incentive contract, documented as a resolution record.

Where was this contract approved?

This contract appears in town-of-traffordresolution2025-04-15_093.pdf (Resolution), dated April 15, 2025 from Town of Trafford. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Hallmark Acq hold?

Hallmark Acq 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 Town of Trafford currently buying?

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

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