City of Northport Awards Facilities Contract to Sucarnoochee Investments LLC (June 2026)
City of NorthportCity · Northport, AL- Disclosed value
- Not to exceed $4,800,000 principal investment by the City
- From minutes
- Approved
- Jun 11, 2026
The 30-second brief
The Northport City Council approved Resolution 26-111 authorizing a Project Development Agreement with Sucarnoochee Investments LLC for construction and City purchase of a commercial building for Big Mike's Steakhouse, with a principal investment capped at $4.8 million. The building will be leased back to the restaurant under a performance-based structure tied to sales and taxes over at least twenty years.
Sucarnoochee Investments LLC holds this facilities contract with City of Northport.
Term as filed: Big Mike's agrees to operate the restaurant for at least twenty years; option to purchase property for $100 after twenty years of operation.
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Contract details
- Contract type
- Facilities
- Amount
- Not to exceed $4,800,000 principal investment by the City
- Document date
- June 11, 2026
- Term
- Big Mike's agrees to operate the restaurant for at least twenty years; option to purchase property for $100 after twenty years of operation
- Agency
- City of Northport
- Source document
- Northport City Council Minutes 2026-06-11 (Minutes)
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Questions about this contract
Who was awarded the facilities contract by City of Northport?
Sucarnoochee Investments LLC was awarded this facilities contract by City of Northport, as recorded on June 11, 2026. The contract value is Not to exceed $4,800,000 principal investment by the City.
How much is the Sucarnoochee Investments LLC contract with City of Northport worth?
The Sucarnoochee Investments LLC contract with City of Northport is valued at Not to exceed $4,800,000 principal investment by the City, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Northport City Council Minutes 2026-06-11 (Minutes), dated June 11, 2026 from City of Northport. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Sucarnoochee Investments LLC hold?
Sucarnoochee Investments LLC 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 Northport currently buying?
Explore City of Northport's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.