Economic Development Reimbursement for San Jacinto Enterprises, LLC
- Document date
- Sep 2, 2025
- Term
- 34 years
The 30-second brief
City of Mercedes considering economic development agreement with San Jacinto Enterprises, LLC, agreeing to contribute seventy percent (70%) of approved Ad Valorem Tax Rate each year until December 31, 2059, towards tax increment funding for TIRZ #2. Hidalgo County is also considering participating by contributing fifty percent (50%) of its Maintenance and Operation Tax Rate.
San Jacinto Enterprises LLC holds this economic development reimbursement contract with City of Mercedes.
Term as filed: 34 years.
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Contract details
- Contract type
- Economic Development Reimbursement
- Document date
- September 2, 2025
- Term
- 34 years
- Agency
- City of Mercedes
- Source document
- city-of-mercedes-regular-meeting-agenda-september-2-2025_7a2.pdf (Agenda)
San Jacinto Enterprises LLC's other public contracts
More City of Mercedes contracts
Questions about this contract
Who was awarded the economic development reimbursement contract by City of Mercedes?
San Jacinto Enterprises LLC was awarded this economic development reimbursement contract by City of Mercedes, as recorded on September 2, 2025.
What type of contract is this?
This is a Economic Development Reimbursement contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city-of-mercedes-regular-meeting-agenda-september-2-2025_7a2.pdf (Agenda), dated September 2, 2025 from City of Mercedes. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does San Jacinto Enterprises LLC hold?
San Jacinto Enterprises 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.
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