FINANCIAL_SERVICESPENDING

Vestavia Hills City Council Meeting Agenda April 20, 2026

City proposes tax‑rebate incentive for Edgar’s Bakery

Rebate of 46.875% of actual local retail sales taxes paid over six years, capped at a cumulative maximum of $275,000City of Vestavia HillsEDGAR’S OLD-STYLE BAKERY INCApril 20, 2026

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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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