City of Burleson Council Meeting Agenda March 2026
Burleson Approves $100K Incentive Deal with American Completion Tools
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Description
The City of Burleson ratified a Performance Agreement with American Completion Tools, Inc., offering up to $100,000 in phased incentives for a 20,000 sq. ft. manufacturing expansion. The agreement requires construction milestones and the addition of 15 new jobs by 2028, with a minimum $2 million investment.
Contract Details
Contract Amount
Up to $100,000 in total incentives ($50,000 for sewer, $25,000 for certificate of occupancy, $25,000 for hiring 15 new employees)
Vendor
AMERICAN COMPLETION TOOLS INC
Agency
City of Burleson city, TX
Contract Type
OTHER
Document Date
March 20, 2026
Contract Term
Must commence construction by December 31, 2026; complete by December 31, 2028; hiring target by December 31, 2028
Renewal Date
2028-12-31
Renewal Info
No automatic renewal; incentives are milestone-based and expire after December 31, 2028 if obligations are unmet.
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