City of Longview city Awards Financial Services Contract to Flanders Cr Intermediate Inc (December 2025)
- Disclosed value
- Annual incentive payments not to exceed 50% of City property taxes on additional equipment for up to 10 years
- From minutes
- Approved
- Dec 11, 2025
- Renews
- Free account
The 30-second brief
The City of Longview approved a Chapter 380 economic development incentive agreement with Flanders CR Intermediate, Inc., under which the company will invest at least $1,070,000 in new equipment and add 50 full-time jobs at its Harrison Road facility. In return, the City will provide annual cash incentives for up to 10 years, capped at 50% of City property taxes on the additional equipment.
Flanders Cr Intermediate Inc holds this financial services contract with City of Longview city. Its other public contracts on record include work for Gregg County.
The renewal date is on record. A free account shows it, with the renewals for every City of Longview city contract.
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Contract details
- Contract type
- Financial Services
- Amount
- Annual incentive payments not to exceed 50% of City property taxes on additional equipment for up to 10 years
- Document date
- December 11, 2025
- Term
- Up to 10 years of annual incentive payments through 2038, contingent on performance; equipment and jobs targets by end of 2028
- Renews
- Free account
- Agency
- City of Longview city
- Source document
- City of Longview Minutes Regular Council Meeting 2025-12-11 (Minutes)
Flanders Cr Intermediate Inc's other public contracts
More City of Longview city contracts
Questions about this contract
Who was awarded the financial services contract by City of Longview city?
Flanders Cr Intermediate Inc was awarded this financial services contract by City of Longview city, as recorded on December 11, 2025. The contract value is Annual incentive payments not to exceed 50% of City property taxes on additional equipment for up to 10 years.
How much is the Flanders Cr Intermediate Inc contract with City of Longview city worth?
The Flanders Cr Intermediate Inc contract with City of Longview city is valued at Annual incentive payments not to exceed 50% of City property taxes on additional equipment for up to 10 years, covering financial services work.
What type of contract is this?
This is a Financial Services 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 Longview Minutes Regular Council Meeting 2025-12-11 (Minutes), dated December 11, 2025 from City of Longview city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Flanders Cr Intermediate Inc hold?
Flanders Cr Intermediate 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 Longview city currently buying?
Explore City of Longview city's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.