TIRZ Board Backs EDC Land Acquisition Reimbursement
City of CorinthCity · Corinth, MS- Disclosed value
- Not to exceed $1,063,712.50
- From minutes
- Document date
- Jun 11, 2026
The 30-second brief
The Corinth TIRZ No. 2 Board recommended a project to reimburse the Corinth Economic Development Corporation up to $1,063,712.50 for 50% of the land acquisition costs for a 2.67 acre tract at 5790 S I-35E. The reimbursement will be funded with TIRZ #2 revenues and paid in five annual installments over five years, subject to approval by the City Council and Denton County Commissioners Court.
Corinth Economic Development Corporation holds this contract with City of Corinth. Its other public contracts on record include work for Town of Corinth.
Term as filed: Payable in 5 annual installments over a 5 year period.
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Contract details
- Amount
- Not to exceed $1,063,712.50
- Document date
- June 11, 2026
- Term
- Payable in 5 annual installments over a 5 year period
- Agency
- City of Corinth
- Source document
- City of Corinth Tax Increment Reinvestment Zone No. 2 Minutes 2026-06-11 (Minutes)
Corinth Economic Development Corporation's other public contracts
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Questions about this contract
Who was awarded the government contract by City of Corinth?
Corinth Economic Development Corporation was awarded this government contract by City of Corinth, as recorded on June 11, 2026. The contract value is Not to exceed $1,063,712.50.
How much is the Corinth Economic Development Corporation contract with City of Corinth worth?
The Corinth Economic Development Corporation contract with City of Corinth is valued at Not to exceed $1,063,712.50.
What type of contract is this?
This is a government contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in City of Corinth Tax Increment Reinvestment Zone No. 2 Minutes 2026-06-11 (Minutes), dated June 11, 2026 from City of Corinth. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Corinth Economic Development Corporation hold?
Corinth Economic Development Corporation 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 City of Corinth currently buying?
Explore City of Corinth's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.