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Amended Incentive Agreement for 105 S. Friou Redevelopment

City of Alvarado
Disclosed value
Not to exceed $263,676.50
From agendapacket
Document date
Jul 20, 2026
Term
Effective date through December 31, 2030
Renews
Free account

The 30-second brief

What it covers

The City of Alvarado is asked to approve an amended performance agreement between the Alvarado Economic Development Corporation and Lambert & Green, LLC, capping incentives at $263,676.50 for redevelopment of 105 S. Friou Street. The amendment extends the term through 2030, updates performance requirements tied to a restaurant or similar use, and clarifies AEDC’s rights to funded equipment.

Who holds it

Lambert & Green LLC holds this financial services contract with City of Alvarado.

What happens next

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Contract details

Contract type
Financial Services
Amount
Not to exceed $263,676.50
Document date
July 20, 2026
Term
Effective date through December 31, 2030
Renews
On record
Vendor
Lambert & Green LLC
Agency
City of Alvarado
Source document
City of Alvarado Agenda Packet 2026-07-20 (AgendaPacket)

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Questions about this contract

Who was awarded the financial services contract by City of Alvarado?

Lambert & Green LLC was awarded this financial services contract by City of Alvarado, as recorded on July 20, 2026. The contract value is Not to exceed $263,676.50.

How much is the Lambert & Green LLC contract with City of Alvarado worth?

The Lambert & Green LLC contract with City of Alvarado is valued at Not to exceed $263,676.50, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Alvarado Agenda Packet 2026-07-20 (AgendaPacket), dated July 20, 2026 from City of Alvarado. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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