City of Denton Awards Economic Development Contract to Winco Foods (February 2024)
- Disclosed value
- $197,669 (TIRZ grant); $220,338 (ad valorem rebate), annually until full reimbursement
- From agendapacket
- Approved
- Feb 14, 2024
- Renews
- Free account
The 30-second brief
WinCo Foods received $197,669 as a TIRZ Grant and $220,338 ad valorem rebate per their Chapter 380 Agreement with City of Denton, supporting infrastructure for their distribution center. Grants are paid annually until full reimbursement, then transition to a 4-year reduced rebate.
Winco Foods holds this economic development contract with City of Denton. Its other public contracts on record include work for Victor Valley College and Klamath Falls City Schools.
The renewal date is on record. A free account shows it, with the renewals for every City of Denton contract.
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Contract details
- Contract type
- Economic Development
- Amount
- $197,669 (TIRZ grant); $220,338 (ad valorem rebate), annually until full reimbursement
- Document date
- February 14, 2024
- Term
- Estimated 8-10 years until full reimbursement; followed by 4 years at a reduced rebate
- Renews
- Free account
- Vendor
- Winco Foods
- Agency
- City of Denton
- Source document
- City of Denton Tax Increment Reinvestment Zone Number Two Board Meeting Agenda February 2024 (AgendaPacket)
Winco Foods's other public contracts
More City of Denton contracts
Questions about this contract
Who was awarded the economic development contract by City of Denton?
Winco Foods was awarded this economic development contract by City of Denton, as recorded on February 14, 2024. The contract value is $197,669 (TIRZ grant); $220,338 (ad valorem rebate), annually until full reimbursement.
How much is the Winco Foods contract with City of Denton worth?
The Winco Foods contract with City of Denton is valued at $197,669 (TIRZ grant); $220,338 (ad valorem rebate), annually until full reimbursement, covering economic development work.
What type of contract is this?
This is a Economic Development contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in City of Denton Tax Increment Reinvestment Zone Number Two Board Meeting Agenda February 2024 (AgendaPacket), dated February 14, 2024 from City of Denton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Winco Foods hold?
Winco Foods 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 Denton currently buying?
Explore City of Denton's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.