City of Forney Awards $4,005,000 Economic Incentive And Performance Agreement Contract to Forney Legacy Holdings (May 2025)

Forney Legacy Holdings, LLC to receive $4.005 million economic incentive for theater and entertainment complex. FEDC will reimburse/grant up to $4.005 million. Applicant will receive $267,000 annually from the date of the first incentive payment for 15 years.

Document date · May 6, 2025

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Scope & details

The full contract record, as filed.

Contract amount

$4,005,000.00

Contract type

Economic Incentive and Performance Agreement

Contract term

15 years

Document type

Resolution

Source document

resolution_approving_economic_incentive_and_perfor.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the economic incentive and performance agreement contract by City of Forney?

Forney Legacy Holdings was awarded this economic incentive and performance agreement contract by City of Forney, as recorded on May 6, 2025. The contract value is $4,005,000.00.

How much is the Forney Legacy Holdings contract with City of Forney worth?

The Forney Legacy Holdings contract with City of Forney is valued at $4,005,000.00, covering economic incentive and performance agreement work.

What type of contract is this?

This is a Economic Incentive And Performance Agreement contract, documented as a resolution record.

Where was this contract approved?

This contract appears in resolution_approving_economic_incentive_and_perfor.pdf (Resolution), dated May 6, 2025 from City of Forney. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Forney Legacy Holdings hold?

Forney Legacy Holdings 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 Forney Legacy Holdings's profile

What is City of Forney currently buying?

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