Lancaster Economic Development Corporation Agenda Packet 2026-06-18
LEDC Approves $45K Incentive for Kyoto Brew Expansion
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Description
The Lancaster Economic Development Corporation approved a performance agreement with Kyoto Brew LLC in an amount not to exceed $45,000. The grant will assist with the expansion of bakery operations and improvements to outdoor seating areas over a phased multi-year period, with project completion required by December 31, 2030.
Contract Details
Contract Amount
Not to exceed $45,000
Vendor
KYOTO BREW LLC
Agency
City of Lancaster, TX
Contract Type
OTHER
Document Date
June 17, 2026
Contract Term
Effective date through December 31, 2030
Renewal Date
2030-12-31
Renewal Info
Initial agreement approved Dec 2022; amended Mar 2024 to extend deadlines by one year. May be amended further by written agreement. Funding disbursed per completed phase until 12/31/2030.
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