City of Kingman Awards Financial Services Contract to Hobby Lobby Stores Inc (December 2025)
- Disclosed value
- Up to $250,000 over up to ten years
- From agendapacket
- Approved
- Dec 16, 2025
The 30-second brief
The City of Kingman approved a Site Specific Economic Development Agreement with Hobby Lobby Stores Inc. offering a sales tax rebate equal to 30% of general fund sales tax generated, capped at $250,000 over up to ten years, in exchange for new retail investment and job creation.
Hobby Lobby Stores Inc holds this financial services contract with City of Kingman. Its other public contracts on record include work for Forsyth village and Lawton Public Schools.
Term as filed: Up to 10 years; first rebate payment begins two years after Development Agreement Effective Date.
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $250,000 over up to ten years
- Document date
- December 16, 2025
- Term
- Up to 10 years; first rebate payment begins two years after Development Agreement Effective Date
- Vendor
- Hobby Lobby Stores Inc
- Agency
- City of Kingman
- Source document
- City of Kingman Agenda Packet 2025-12-16 (AgendaPacket)
Hobby Lobby Stores Inc's other public contracts
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Questions about this contract
Who was awarded the financial services contract by City of Kingman?
Hobby Lobby Stores Inc was awarded this financial services contract by City of Kingman, as recorded on December 16, 2025. The contract value is Up to $250,000 over up to ten years.
How much is the Hobby Lobby Stores Inc contract with City of Kingman worth?
The Hobby Lobby Stores Inc contract with City of Kingman is valued at Up to $250,000 over up to ten years, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in City of Kingman Agenda Packet 2025-12-16 (AgendaPacket), dated December 16, 2025 from City of Kingman. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Hobby Lobby Stores Inc hold?
Hobby Lobby Stores Inc 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 Kingman currently buying?
Explore City of Kingman's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.