OTHERPENDING

La Vernia Municipal Development District Board Meeting Agenda May 2026

MDD Weighs Incentive Agreement for Tractor Supply Store

$250,500 requested (within at least $478,000 in site improvement costs; total project investment estimated at $9.6M)City of La VerniaTRACTOR SUPPLYMay 13, 2026

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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.