City of Orange Awards Financial Services Contract to Cadance Development Partners Llc (August 2026)

The City Council authorized an updated Chapter 380 property tax rebate agreement with CADANCE DEVELOPMENT PARTNERS, LLC for The Grove retail project, granting a 100% rebate of city property taxes on real and personal property for ten years. The incentive package is aimed at catalyzing major retail investment at MLK and IH 10W.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Ten (10) years

Renewal date

2036-12-31

Renewal

Chapter 380 property tax rebate set at 100% for ten years; any continuation beyond that term would require new council action.

Document type

AgendaPacket

Source document

City of Orange AgendaPacket City Council Meeting 2026-08-25

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City of Orange AgendaPacket City Council Meeting 2026-08-25

APPROVED

City of Orange, TexasAug 24, 2026

Orange City Council Agenda 2026-08-11

PENDING

Housing Authority of Orange county, Texas100% property tax rebate on real and personal property for ten (10) yearsAug 7, 2026

Orange City Council Agenda 2026-08-11

PENDING

Housing Authority of Orange county, Texas33% of the 1.5% (i.e., 100% of the 0.5% EDC sales tax) for ten (10) yearsAug 7, 2026

Orange City Council AgendaPacket 2026-07-28

AMENDED

Housing Authority of Orange county, TexasJul 26, 2026

Orange City Council AgendaPacket 2026-07-28

AMENDED

Housing Authority of Orange county, TexasJul 26, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Orange?

Cadance Development Partners Llc was awarded this financial services contract by City of Orange, as recorded on August 24, 2026.

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 Orange AgendaPacket City Council Meeting 2026-08-25 (AgendaPacket), dated August 24, 2026 from City of Orange. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Cadance Development Partners Llc hold?

Cadance Development Partners 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.

View Cadance Development Partners Llc's profile

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