FINANCIAL_SERVICESRECOMMENDED

Denton Weighs Incentive Package for EquipmentShare Facility

The City of Denton Economic Development Partnership Board is considering recommending a Chapter 380 incentive agreement with EquipmentShare.com Inc totaling up to $783,553. The package includes a 50% sales tax rebate on construction materials, a 50% ad valorem rebate on new real property improvements and business personal property for five years, and a jobs-based grant tied to new full-time positions. The incentives support EquipmentShare’s proposed $246.3 million investment in a major distribution and operations facility in Denton.

Status
RECOMMENDED
Document date
July 22, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Equipmentshare.com Inc
Agency
Sanctuary Mud 2 Of Denton County · TX

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Sales tax rebate on construction materials up to $210,938; job-based grant up to $83,000; ad valorem rebate on real property improvements and business personal property up to $489,615 (total not to exceed $783,553)
Contract type
FINANCIAL_SERVICES
Contract term
Ad valorem rebate at 50% for 5 years on new real property improvements and business personal property; one-time sales tax rebate on construction materials; job-based grant tied to hiring and maintaining agreed number of full-time employees
Renewal
Performance-based Chapter 380 agreement with a 5-year 50% ad valorem rebate period; no explicit renewal or extension options described.
Document type
AgendaPacket
Source document
City of Denton Economic Development Partnership Board Meeting Agenda Packet 2026-07-22

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Sanctuary Mud 2 Of Denton County?

Equipmentshare.com Inc was awarded this financial services contract by Sanctuary Mud 2 Of Denton County, as recorded on July 22, 2026. The contract value is Sales tax rebate on construction materials up to $210,938; job-based grant up to $83,000; ad valorem rebate on real property improvements and business personal property up to $489,615 (total not to exceed $783,553).

How much is the Equipmentshare.com Inc contract with Sanctuary Mud 2 Of Denton County worth?

The Equipmentshare.com Inc contract with Sanctuary Mud 2 Of Denton County is valued at Sales tax rebate on construction materials up to $210,938; job-based grant up to $83,000; ad valorem rebate on real property improvements and business personal property up to $489,615 (total not to exceed $783,553), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Denton Economic Development Partnership Board Meeting Agenda Packet 2026-07-22 (AgendaPacket), dated July 22, 2026 from Sanctuary Mud 2 Of Denton County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Equipmentshare.com Inc hold?

Equipmentshare.com Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Equipmentshare.com Inc's profile

What is Sanctuary Mud 2 Of Denton County currently buying?

Explore Sanctuary Mud 2 Of Denton County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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