City proposes tax‑rebate incentive for Edgar’s Bakery
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Description
Vestavia Hills plans to enter an Amendment 772 economic development agreement with Edgar’s Old-Style Bakery, Inc., providing up to $275,000 in sales tax rebates over six years to support construction of a new bakery at 3101 Timberlake Road. The incentive is structured as a percentage of actual local sales taxes generated at the new location.
Contract Details
Contract Amount
Rebate of 46.875% of actual local retail sales taxes paid over six years, capped at a cumulative maximum of $275,000
Vendor
EDGAR’S OLD-STYLE BAKERY INC
Agency
City of Vestavia Hills, AL
Contract Type
FINANCIAL_SERVICES
Document Date
April 20, 2026
Contract Term
Six consecutive Annual Incentive Periods beginning with the month in which the certificate of occupancy is issued for 3101 Timberlake Road
Renewal Info
Agreement term is limited to six Annual Incentive Periods and terminates earlier if the City has paid the full $275,000 commitment; no renewal or extension options are provided.
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