Bristol Considers $30K Incentive for New Restaurant
City of BristolCity · Bristol, VA- Disclosed value
- $30,000
- From agenda
- Document date
- Nov 28, 2023
- Term
- 2 years
The 30-second brief
City of Bristol is considering a performance agreement with Infinity Venture Group LLC, offering up to $30,000 in incentives for a new restaurant project on Gate City Highway. The incentive will be paid quarterly, based on the restaurant's meal tax revenue, over a maximum of two years.
Infinity Venture Group holds this economic incentive contract with City of Bristol.
Term as filed: 2 years.
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Contract details
- Contract type
- Economic Incentive
- Amount
- $30,000
- Document date
- November 28, 2023
- Term
- 2 years
- Vendor
- Infinity Venture Group
- Agency
- City of Bristol
- Source document
- city-of-bristol-agenda-performance-agreements-appropriation-infrastructure_bf0.pdf (Agenda)
Infinity Venture Group's other public contracts
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Questions about this contract
Who was awarded the economic incentive contract by City of Bristol?
Infinity Venture Group was awarded this economic incentive contract by City of Bristol, as recorded on November 28, 2023. The contract value is $30,000.
How much is the Infinity Venture Group contract with City of Bristol worth?
The Infinity Venture Group contract with City of Bristol is valued at $30,000, covering economic incentive work.
What type of contract is this?
This is a Economic Incentive contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city-of-bristol-agenda-performance-agreements-appropriation-infrastructure_bf0.pdf (Agenda), dated November 28, 2023 from City of Bristol. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Infinity Venture Group hold?
Infinity Venture Group 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 City of Bristol currently buying?
Explore City of Bristol's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.