La Grange Approves TIDE Incentive for MAK Holdings
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Description
The Town of La Grange approved a TIDE Program application for Tamika Moye’s MAK Holdings, LLC to support renovations of a downtown commercial building at 125 S. Caswell Street. The five-year performance-based property tax rebate will be contingent on proper contractor licensing, permitting, inspections, and job creation benchmarks.
Contract Details
Vendor
MAK HOLDINGS LLC
Agency
Town of La Grange, NC
Contract Type
FINANCIAL_SERVICES
Document Date
February 9, 2026
Contract Term
Five-year annual tax incentive period following completion of renovations and payment of applicable property taxes
Renewal Info
Five-year incentive period begins after renovations are completed, property taxes are paid at the new valuation, and all program conditions including inspections and job creation are met. No automatic renewal beyond the initial five-year rebate term is indicated.
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