MDD Weighs Incentive Agreement for Tractor Supply Store
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Description
The La Vernia Municipal Development District is considering a proposed Chapter 377 economic development agreement with Tractor Supply to support a new rural lifestyle retail store. Tractor Supply has requested $250,500 in assistance toward at least $478,000 in site improvement costs, including roadway and sewer upgrades, as part of a $9.6 million project planned to complete construction by late summer 2028.
Contract Details
Contract Amount
$250,500 requested (within at least $478,000 in site improvement costs; total project investment estimated at $9.6M)
Vendor
TRACTOR SUPPLY
Agency
City of La Vernia, TX
Contract Type
OTHER
Document Date
May 13, 2026
Contract Term
Construction-related incentives tied to pre-operation site improvements; permitting estimated to start mid-summer 2027 with construction completion by late summer 2028
Renewal Info
Future economic development incentive agreement under Chapter 377 would likely define performance benchmarks and payment schedules; no renewal or extension terms are stated yet.
More from TRACTOR SUPPLY
More from City of La Vernia
City of La Vernia City Council Meeting Agenda May 14 2026
City of La Vernia City Council Meeting Agenda May 14 2026
La Vernia Municipal Development District Board Meeting Agenda May 2026
City of La Vernia Council Meeting Minutes March 2026
City of La Vernia Council Meeting Minutes March 2026
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