OTHERAPPROVED

Mansfield Approves $1.5 Million Economic Incentive for TREZ Shops

The Mansfield City Council approved a Chapter 380 Economic Development Agreement with TREZ Shops at Broad LP, providing a performance-based sales-tax rebate up to $1,500,000 to incentivize the development of new retail and restaurant infrastructure. The grant will be paid annually, contingent on construction completion and minimum taxable sales, with all payments reimbursed to the City by the Mansfield Economic Development Corporation.

Document date · November 10, 2025

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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
Not to exceed $1,500,000
Contract type
OTHER
Contract term
Effective upon execution through date of final Tax Grant disbursement (estimated 5–7 years or until $1.5 million paid out), Substantial Completion by December 31, 2029
Renewal date
2029-12-31
Renewal
Agreement may only be amended by written instrument. Term automatically ends once $1.5M in grants is paid or if project is not substantially complete by December 31, 2029. No automatic renewal; performance and compliance certifications required annually.
Document type
Agenda
Source document
Mansfield City Council Agenda November 10, 2025

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Mansfield city?

Trez Shops at Broad Lp was awarded this government contract by City of Mansfield city, as recorded on November 10, 2025. The contract value is Not to exceed $1,500,000.

How much is the Trez Shops at Broad Lp contract with City of Mansfield city worth?

The Trez Shops at Broad Lp contract with City of Mansfield city is valued at Not to exceed $1,500,000.

What type of contract is this?

This is a government contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Mansfield City Council Agenda November 10, 2025 (Agenda), dated November 10, 2025 from City of Mansfield city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Trez Shops at Broad Lp hold?

Trez Shops at Broad Lp may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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