CONTRACTAPPROVED

City of Denton Awards Economic Development Contract to Winco Foods (February 2024)

City of Denton logoCity of Denton
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

What it covers

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.

Who holds it

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.

What happens next

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
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.

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