City of Lancaster Agenda Regular Meeting 2026-06-18
Lancaster Approves Hotel Incentive for Mayflower Star LLC
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Description
The City of Lancaster Economic Development Corporation approved a $140,000 performance agreement with Mayflower Star LLC for development of a Homewood Suites hotel, contingent on investment and project completion by January 31, 2030.
Contract Details
Contract Amount
$140,000
Vendor
MAYFLOWER STAR LLC
Agency
City of Lancaster, TX
Contract Type
PROFESSIONAL_SERVICES
Document Date
June 17, 2026
Contract Term
Payable upon Certificate of Occupancy, no later than January 31, 2030
Renewal Date
2030-01-31
Renewal Info
One-time incentive grant; payment upon verified completion of requirements. No renewal or extension provisions stated.
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