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Council Considers Tax Sharing Deal With Developer

City of Moulton logoCity of Moulton
Disclosed value
up to the amount of $800,000.00 in split taxes over up to 15 years
From minutes
Document date
Mar 16, 2026
Term
up to 15 years
Renews
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Renewal date on recordLocked

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THE 30-SECOND BRIEF

What it covers

Trident Development asked the City Council to consider a tax-revenue sharing agreement of up to $800,000 over 15 years to support soil remediation and site preparation for new commercial development near AL Hwy 157 and Franklin Smith Road. The proposal would cap the city’s obligation while allowing the city to capture all tax revenue above the threshold if reached early.

Who holds it

Trident Development holds this contract with City of Moulton. Its other public contracts on record include work for City of Waukee and City of Arden Hills.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Moulton contract.

Contract details

Amount
up to the amount of $800,000.00 in split taxes over up to 15 years
Document date
March 16, 2026
Term
up to 15 years
Renews
Free account
Vendor
Trident Development
Agency
City of Moulton
Source document
City Council Work Session and Council Meeting Minutes 2026-03-16 (Minutes)

Trident Development's other public contracts

City of Waukee, IowaKettlestone Lakes Apartments Plat 1 Approved · Aug 11, 2026UndisclosedCity of Arden Hills, MinnesotaTrident Development Advancing Apartment Project At Church Site · Jul 7, 2026UndisclosedCity of Arden Hills, MinnesotaTrident Development Prepares Apartment Construction Project · Jun 3, 2026UndisclosedCity of Moulton, AlabamaCouncil Advances Tax Sharing Talks With Developer · Apr 20, 2026UndisclosedCity of Moulton, AlabamaCity considers tax sharing proposal with Trident Development · Mar 16, 2026UndisclosedAll Trident Development contractsVendor profile

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Questions about this contract

Who was awarded the government contract by City of Moulton?

Trident Development was awarded this government contract by City of Moulton, as recorded on March 16, 2026. The contract value is up to the amount of $800,000.00 in split taxes over up to 15 years.

How much is the Trident Development contract with City of Moulton worth?

The Trident Development contract with City of Moulton is valued at up to the amount of $800,000.00 in split taxes over up to 15 years.

What type of contract is this?

This is a government contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City Council Work Session and Council Meeting Minutes 2026-03-16 (Minutes), dated March 16, 2026 from City of Moulton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Trident Development hold?

Trident Development 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 City of Moulton currently buying?

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

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