FINANCIAL_SERVICESAPPROVED

Town of Moline Awards Financial Services Contract to Scout Capital Group Llc (July 2026)

The City of Moline approved an Economic Incentive Agreement with Scout Capital Group, LLC providing up to $595,000 in sales tax rebates over no more than seven years for a new Texas Roadhouse at 3620 38th Avenue. The city will rebate 80% of sales tax revenue to the developer until the cap or term is reached.

Status
APPROVED
Document date
July 7, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Scout Capital Group Llc
Agency
Town of Moline · IL

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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
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
$595,000 in potential sales tax rebates over up to seven years
Contract type
FINANCIAL_SERVICES
Contract term
Up to seven (7) years from placed-in-service date
Renewal
Economic incentive runs until either $595,000 in rebates is reached or seven years have elapsed from when the business is placed in service; no renewal or extension provisions described.
Document type
Minutes
Source document
City of Moline Committee-of-the-Whole/Council Minutes 2026-07-07

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Moline?

Scout Capital Group Llc was awarded this financial services contract by Town of Moline, as recorded on July 7, 2026. The contract value is $595,000 in potential sales tax rebates over up to seven years.

How much is the Scout Capital Group Llc contract with Town of Moline worth?

The Scout Capital Group Llc contract with Town of Moline is valued at $595,000 in potential sales tax rebates over up to seven years, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City of Moline Committee-of-the-Whole/Council Minutes 2026-07-07 (Minutes), dated July 7, 2026 from Town of Moline. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Scout Capital Group Llc hold?

Scout Capital Group 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 Scout Capital Group Llc's profile

What is Town of Moline currently buying?

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

View Town of Moline's profile

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