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City Terminates Incentive Agreement with Microsoft

City of Hickory city
Document date
Aug 18, 2026

The 30-second brief

What it covers

The Hickory City Council approved a Mutual Termination and Release Agreement with Microsoft Corporation, formally ending a 2022 economic development incentives contract under which no payments were made. Microsoft will proceed without local incentives and remain on the standard tax rolls.

Who holds it

Microsoft Corporation holds this financial services contract with City of Hickory city. Its other public contracts on record include work for City of Anacortes and City of Encinitas.

What happens next

Term as filed: Economic Development Agreement dated November 9, 2022; terminated August 4, 2026.

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Contract details

Contract type
Financial Services
Document date
August 18, 2026
Term
Economic Development Agreement dated November 9, 2022; terminated August 4, 2026
Vendor
Microsoft Corporation
Agency
City of Hickory city
Source document
Hickory City Council Agenda 2026-08-18 (Agenda)

Microsoft Corporation's other public contracts

City of Anacortes, WashingtonAnacortes Includes Microsoft Azure Support Charge · Oct 25, 2026$31.6City of Encinitas, CaliforniaEncinitas Recommends Microsoft 365 Subscription Renewal · Oct 23, 2026$234.5KTown of Florence, ArizonaFlorence Pays Microsoft for Cloud Software Licenses · Oct 20, 2026Fresno County, CaliforniaCounty Approves $276,000 Microsoft Support Agreement · Oct 16, 2026Fresno County, CaliforniaFresno County Approves Sole-Source Microsoft Support · Oct 16, 2026All Microsoft Corporation contractsVendor profile

More City of Hickory city contracts

Kci Technologies IncHickory Approves $366,900 KCI Water Infrastructure Amendment · Oct 22, 2026$366.9KHickory Home & GardenHickory Accepts Donated Saw from Hickory Home and Garden · Oct 22, 2026Freese & Nichols IncHickory Approves $261,400 Sewer Design Amendment · Oct 22, 2026BENESCHBenesch Selected for Miracle of Hickory Park Design · Oct 22, 2026UndisclosedCatawba Valley Youth Soccer AssociationHickory Defers Soccer Complex Priority Use Agreement · Oct 22, 2026All City of Hickory city activityAgency profile

Questions about this contract

Who was awarded the financial services contract by City of Hickory city?

Microsoft Corporation was awarded this financial services contract by City of Hickory city, as recorded on August 18, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Hickory City Council Agenda 2026-08-18 (Agenda), dated August 18, 2026 from City of Hickory city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Microsoft Corporation hold?

Microsoft 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.

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What is City of Hickory city currently buying?

Explore City of Hickory city's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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