OTHERPENDING

Roanoke EDC Incentive Agreement for Oak Street Café

The Roanoke Economic and Industrial Development Corporation Type A and the City of Roanoke plan to approve a Chapter 380 Economic Development and Performance Agreement with Black Eagle Investors, LLC d/b/a Oak St Café Breakfast & Lunch. The agreement would reimburse the developer up to $50,000 in Type A sales tax plus 50% of City sales tax over four years in exchange for capital investment, job creation, and continued restaurant operations at 309 S. Oak Street through July 1, 2030.

Status
PENDING
Document date
August 6, 2026
Contract type
OTHER
Vendor
Black Eagle Investors Llc
Agency
City of Roanoke city · TX

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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
Up to $50,000.00 in Type A sales tax reimbursements over four years (capped at Qualified Expenditures of $50,000.00) plus 50% of City 1.0% sales and use tax for four years (no explicit dollar cap stated)
Contract type
OTHER
Contract term
Effective Date through July 1, 2030; reimbursement period March 1, 2026 – February 28, 2030
Renewal date
2030-07-01
Renewal
Agreement term runs through July 1, 2030, with no automatic renewals; future incentives would require a new agreement. Reimbursements are performance-based and cease if minimum sales thresholds or other obligations are not met or upon default and termination.
Document type
AgendaPacket
Source document
Roanoke Economic and Industrial Development Corporation AgendaPacket 2026-08-10

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Roanoke city?

Black Eagle Investors Llc was awarded this government contract by City of Roanoke city, as recorded on August 6, 2026. The contract value is Up to $50,000.00 in Type A sales tax reimbursements over four years (capped at Qualified Expenditures of $50,000.00) plus 50% of City 1.0% sales and use tax for four years (no explicit dollar cap stated).

How much is the Black Eagle Investors Llc contract with City of Roanoke city worth?

The Black Eagle Investors Llc contract with City of Roanoke city is valued at Up to $50,000.00 in Type A sales tax reimbursements over four years (capped at Qualified Expenditures of $50,000.00) plus 50% of City 1.0% sales and use tax for four years (no explicit dollar cap stated).

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Roanoke Economic and Industrial Development Corporation AgendaPacket 2026-08-10 (AgendaPacket), dated August 6, 2026 from City of Roanoke city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Black Eagle Investors Llc hold?

Black Eagle Investors 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 Black Eagle Investors Llc's profile

What is City of Roanoke city currently buying?

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

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