CONTRACTAPPROVED

City of Riverbank Awards Financial Services Contract to Stan Boyett & Son Inc (September 2026)

City of Riverbank logoCity of Riverbank
Disclosed value
60% of the Net City Sales Tax Revenues received from Boyett on a calendar year quarterly basis
From agenda
Approved
Sep 8, 2026
Renews
Free account

The 30-second brief

What it covers

The City Council approved an economic incentive agreement with Stan Boyett & Son, Inc. The deal supports the company's relocation to Riverbank and shares 60% of net city sales tax revenues from its California energy product sales for about 25 years.

Who holds it

Stan Boyett & Son Inc holds this financial services contract with City of Riverbank.

What happens next

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Contract details

Contract type
Financial Services
Amount
60% of the Net City Sales Tax Revenues received from Boyett on a calendar year quarterly basis
Document date
September 8, 2026
Term
300 months from the Date of Agreement (approximately 2026-09-09 to 2051-09-09)
Renews
On record
Vendor
Stan Boyett & Son Inc
Source document
City of Riverbank Agenda 2026-09-08 (Agenda)

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Questions about this contract

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

Stan Boyett & Son Inc was awarded this financial services contract by City of Riverbank, as recorded on September 8, 2026. The contract value is 60% of the Net City Sales Tax Revenues received from Boyett on a calendar year quarterly basis.

How much is the Stan Boyett & Son Inc contract with City of Riverbank worth?

The Stan Boyett & Son Inc contract with City of Riverbank is valued at 60% of the Net City Sales Tax Revenues received from Boyett on a calendar year quarterly basis, covering financial services work.

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 City of Riverbank Agenda 2026-09-08 (Agenda), dated September 8, 2026 from City of Riverbank. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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