FINANCIAL_SERVICESAPPROVED

City of Hays Awards Financial Services Contract to Chick-fil-a Inc (July 2026)

The City of Hays approved an ordinance authorizing up to $6,250,000 in Taxable Industrial Revenue Bonds for the Chick-fil-A, Inc. project at 3404 Vine Street. Chick-fil-A, Inc. will purchase the bonds and lease the facility from the City, using the IRB structure to obtain a sales tax exemption on construction while leaving the City with no general obligation debt exposure.

Status
APPROVED
Document date
July 16, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Chick-fil-a Inc
Agency
City of Hays · KS

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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
Not to exceed $6,250,000
Contract type
FINANCIAL_SERVICES
Renewal
Single IRB issuance with no stated renewal; bonds remain outstanding until principal and interest are fully paid or defeased per the trust indenture.
Document type
AgendaPacket
Source document
City of Hays Agenda Packet 2026-07-16

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Hays?

Chick-fil-a Inc was awarded this financial services contract by City of Hays, as recorded on July 16, 2026. The contract value is Not to exceed $6,250,000.

How much is the Chick-fil-a Inc contract with City of Hays worth?

The Chick-fil-a Inc contract with City of Hays is valued at Not to exceed $6,250,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Hays Agenda Packet 2026-07-16 (AgendaPacket), dated July 16, 2026 from City of Hays. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Chick-fil-a Inc hold?

Chick-fil-a Inc 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 Chick-fil-a Inc's profile

What is City of Hays currently buying?

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

View City of Hays's profile

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