CONTRACTAPPROVED

Little York village Awards $10,000,000 Revenue Sharing Contract to Costco Wholesale Corp (February 2025)

Little York village logoLittle York village
Disclosed value
$10,000,000
From resolution
Approved
Feb 11, 2025
Term
20 years

The 30-second brief

What it covers

City of Yorkville approves sales tax revenue sharing agreement with Costco, rebating a portion of sales taxes generated by the new store, capped at $10 million over 20 years, encouraging economic development and job creation.

Who holds it

Costco Wholesale Corp holds this revenue sharing contract with Little York village. Its other public contracts on record include work for Sioux Falls School District 49-5 and City of Pacific.

What happens next

Term as filed: 20 years.

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Contract details

Contract type
Revenue Sharing
Amount
$10,000,000
Document date
February 11, 2025
Term
20 years
Source document
little-york-village-resolution-2025-02-11_a2e.pdf (Resolution)

Costco Wholesale Corp's other public contracts

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Questions about this contract

Who was awarded the revenue sharing contract by Little York village?

Costco Wholesale Corp was awarded this revenue sharing contract by Little York village, as recorded on February 11, 2025. The contract value is $10,000,000.

How much is the Costco Wholesale Corp contract with Little York village worth?

The Costco Wholesale Corp contract with Little York village is valued at $10,000,000, covering revenue sharing work.

What type of contract is this?

This is a Revenue Sharing contract, documented as a resolution record.

Where was this contract approved?

This contract appears in little-york-village-resolution-2025-02-11_a2e.pdf (Resolution), dated February 11, 2025 from Little York village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Costco Wholesale Corp hold?

Costco Wholesale Corp may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Little York village currently buying?

Explore Little York village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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