OTHERAPPROVED

Incentive package approved for M&S Development

Enterprise City Council approved economic development incentives for M&S Development LLC as part of Resolution 07-07-26 to support a new retail development on East Lee Street. Incentives are performance-based and capped at a combined total of $700,000.

Status
APPROVED
Document date
July 7, 2026
Contract type
OTHER
Vendor
M&s Development Llc
Agency
City of Enterprise · AL

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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 $700,000.00 (combined incentives)
Contract type
OTHER
Contract term
Sales tax sharing up to five years from effective date; materials reimbursement upon substantial completion
Renewal
Incentives include a one-time reimbursement component and a sales tax sharing component limited to five years or $600,000 in shared tax; no renewals or extensions are specified.
Document type
Minutes
Source document
City of Enterprise Minutes City Council Meeting 2026-07-07

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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 Enterprise?

M&s Development Llc was awarded this government contract by City of Enterprise, as recorded on July 7, 2026. The contract value is Not to exceed $700,000.00 (combined incentives).

How much is the M&s Development Llc contract with City of Enterprise worth?

The M&s Development Llc contract with City of Enterprise is valued at Not to exceed $700,000.00 (combined incentives).

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Enterprise Minutes City Council Meeting 2026-07-07 (Minutes), dated July 7, 2026 from City of Enterprise. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does M&s Development Llc hold?

M&s Development Llc 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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What is City of Enterprise currently buying?

Explore City of Enterprise's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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