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Creola village Awards $3,400,000 Tax Incentive Contract to Jacks Restaurant (November 2023)

Creola village
Disclosed value
$3,400,000
From meeting minutes
Approved
Nov 2, 2023
Term
15 years

The 30-second brief

What it covers

Creola approves tax incentive for Jack's Restaurant, a $3.4 million project, with a 60/40 tax share agreement over 15 years.

Who holds it

Jacks Restaurant holds this tax incentive contract with Creola village. Its other public contracts on record include work for City of Creola.

What happens next

Term as filed: 15 years.

See who signed off on this $3.4M contract.

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Contract details

Contract type
Tax Incentive
Amount
$3,400,000
Document date
November 2, 2023
Term
15 years
Vendor
Jacks Restaurant
Agency
Creola village
Source document
creola-village-meeting-minutes-2023-11-02_2b5.pdf (Meeting Minutes)

Jacks Restaurant's other public contracts

Creola village, LouisianaJacks Development Agreement Approved by Creola Council · Jan 11, 2024UndisclosedCity of Creola, AlabamaCreola City Council Approves Jacks Restaurant Development Agreement · Jan 11, 2024UndisclosedCity of Creola, AlabamaCouncil Approves Jacks Restaurant Development Agreement · Jan 11, 2024UndisclosedCreola village, LouisianaCreola Approves Development Deal With Jacks Restaurant · Jan 11, 2024UndisclosedCity of Creola, AlabamaJacks Development Certificate of Indebtedness Approved · Jan 11, 2024UndisclosedAll Jacks Restaurant contractsVendor profile

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Questions about this contract

Who was awarded the tax incentive contract by Creola village?

Jacks Restaurant was awarded this tax incentive contract by Creola village, as recorded on November 2, 2023. The contract value is $3,400,000.

How much is the Jacks Restaurant contract with Creola village worth?

The Jacks Restaurant contract with Creola village is valued at $3,400,000, covering tax incentive work.

What type of contract is this?

This is a Tax Incentive contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in creola-village-meeting-minutes-2023-11-02_2b5.pdf (Meeting Minutes), dated November 2, 2023 from Creola village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Jacks Restaurant hold?

Jacks Restaurant 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 Creola village currently buying?

Explore Creola village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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