City Considers Tax Reimbursement Deal with Technology Towers

The City of San Angelo is considering an agreement with Technology Towers, LLC under Texas Local Government Code Chapter 380 to reimburse up to 75% of the increase in City property taxes for up to five years starting with Tax Year 2026. The City Manager would be authorized to negotiate and execute all related documents.

Scope & details

The full contract record, as filed.

Contract amount

Not to exceed 75% of the increase in value only in property tax payable to the City for a period not to exceed 5 years commencing with Tax Year 2026

Contract type

FINANCIAL_SERVICES

Contract term

Not to exceed 5 years commencing with Tax Year 2026

Renewal

Agreement term will not exceed five years beginning with Tax Year 2026; no renewal terms are specified beyond this maximum duration.

Document type

Agenda

Source document

City of San Angelo Agenda Regular Meeting 2026-08-04

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Other contracts from Technology Towers Llc.

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City of San Angelo City Council Agenda 2026-07-07

PENDING

City of San Angelo, TexasJul 7, 2026

City of San Angelo Agenda 2026-07-07

PENDING

City of San Angelo, TexasJul 7, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of San Angelo?

Technology Towers Llc was awarded this financial services contract by City of San Angelo, as recorded on August 3, 2026. The contract value is Not to exceed 75% of the increase in value only in property tax payable to the City for a period not to exceed 5 years commencing with Tax Year 2026.

How much is the Technology Towers Llc contract with City of San Angelo worth?

The Technology Towers Llc contract with City of San Angelo is valued at Not to exceed 75% of the increase in value only in property tax payable to the City for a period not to exceed 5 years commencing with Tax Year 2026, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of San Angelo Agenda Regular Meeting 2026-08-04 (Agenda), dated August 3, 2026 from City of San Angelo. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Technology Towers Llc hold?

Technology Towers 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.

View Technology Towers Llc's profile

What is City of San Angelo currently buying?

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

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