Lancaster Economic Development Corporation Regular Meeting Agenda February 2024
LEDC amends Kyoto Brew LLC incentive agreement; deadlines extended
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Description
The Lancaster Economic Development Corporation approved an amendment to its performance agreement with Kyoto Brew LLC, extending the deadline for obtaining a Certificate of Occupancy and occupying the facility from January 1, 2024 to January 1, 2025. The overall agreement term now extends through December 31, 2029.
Contract Details
Vendor
KYOTO BREW LLC
Agency
City of Lancaster, TX
Contract Type
PROFESSIONAL_SERVICES
Document Date
February 15, 2024
Contract Term
Effective date through December 31, 2029
Renewal Date
2029-12-31
Renewal Info
First amendment extends key project deadlines by 12 months and extends agreement term to December 31, 2029. Original agreement approved January 9, 2023.
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