Sanford Approves Bracco Imaging Incentive Agreement
City of SanfordCity · Sanford, NC- Disclosed value
- Approximately $3,200,000 in anticipated cash incentives
- From agendapacket
- Approved
- Nov 15, 2026
- Term
- Six years
- Renews
- Free account
The 30-second brief
Sanford approved a six-year economic development agreement with Bracco Imaging, formerly identified as Project Sunshine. The city anticipates providing approximately $3.2 million in performance-based cash incentives tied to 60% of ad valorem taxes paid and the company’s planned manufacturing investment and job creation.
Bracco Imaging holds this contract with City of Sanford.
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Contract details
- Amount
- Approximately $3,200,000 in anticipated cash incentives
- Document date
- November 15, 2026
- Term
- Six years
- Renews
- On record
- Vendor
- Bracco Imaging
- Agency
- City of Sanford
- Source document
- City of Sanford AgendaPacket Regular Meeting November 17, 2026 (AgendaPacket)
More City of Sanford contracts
Questions about this contract
Who was awarded the government contract by City of Sanford?
Bracco Imaging was awarded this government contract by City of Sanford, as recorded on November 15, 2026. The contract value is Approximately $3,200,000 in anticipated cash incentives.
How much is the Bracco Imaging contract with City of Sanford worth?
The Bracco Imaging contract with City of Sanford is valued at Approximately $3,200,000 in anticipated cash incentives.
What type of contract is this?
This is a government contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in City of Sanford AgendaPacket Regular Meeting November 17, 2026 (AgendaPacket), dated November 15, 2026 from City of Sanford. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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