City of Farmers Branch Awards Financial Services Contract to Allied Stone (June 2023)
City of Farmers BranchCity · Farmers Branch, TX- Disclosed value
- 25% rebate of sales taxes for six years
- From minutes
- Approved
- Jun 20, 2023
- Term
- Six years
The 30-second brief
Farmers Branch City Council authorized the City Manager to negotiate and execute an economic development incentive agreement with Allied Stone granting a 25% rebate of sales taxes for six years. The incentive is contingent on leasing conditions, minimum sales levels, and standard city terms.
Allied Stone holds this financial services contract with City of Farmers Branch. Its other public contracts on record include work for City of DeSoto and Town of Mertens.
Term as filed: Six years.
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Contract details
- Contract type
- Financial Services
- Amount
- 25% rebate of sales taxes for six years
- Document date
- June 20, 2023
- Term
- Six years
- Vendor
- Allied Stone
- Agency
- City of Farmers Branch
- Source document
- city_council_action_meeting_minutes_june_20_2023.pdf (Minutes)
Allied Stone's other public contracts
More City of Farmers Branch contracts
Questions about this contract
Who was awarded the financial services contract by City of Farmers Branch?
Allied Stone was awarded this financial services contract by City of Farmers Branch, as recorded on June 20, 2023. The contract value is 25% rebate of sales taxes for six years.
How much is the Allied Stone contract with City of Farmers Branch worth?
The Allied Stone contract with City of Farmers Branch is valued at 25% rebate of sales taxes for six years, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in city_council_action_meeting_minutes_june_20_2023.pdf (Minutes), dated June 20, 2023 from City of Farmers Branch. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Allied Stone hold?
Allied Stone 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 Farmers Branch currently buying?
Explore City of Farmers Branch's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.