Samsung DRRA funds expedited project reviews
City of TaylorCity · Taylor, TX- Disclosed value
- Up to $9,000,000 in reimbursable Development Review Costs (or $5,000,000 if Equipment Threshold not met)
- From agendapacket
- Document date
- Dec 11, 2025
The 30-second brief
The City of Taylor and Samsung Austin Semiconductor LLC are parties to a Development Review Reimbursement Agreement under which Samsung advances up to $10 million for expedited development review services, with the City repaying up to $9 million (or $5 million if certain equipment investment thresholds are not met) from TIRZ tax increment over years 6 through 30 of the project.
Samsung Austin Semiconductor LLC holds this consulting contract with City of Taylor. Its other public contracts on record include work for Travis County and City of Austin city.
Term as filed: DRRA Payments from 6th to 30th anniversary of Commencement Date, plus final true-up payment.
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Contract details
- Contract type
- Consulting
- Amount
- Up to $9,000,000 in reimbursable Development Review Costs (or $5,000,000 if Equipment Threshold not met)
- Document date
- December 11, 2025
- Term
- DRRA Payments from 6th to 30th anniversary of Commencement Date, plus final true-up payment
- Agency
- City of Taylor
- Source document
- City of Taylor Agenda Packet 2025-12-11 (AgendaPacket)
Samsung Austin Semiconductor LLC's other public contracts
More City of Taylor contracts
Questions about this contract
Who was awarded the consulting contract by City of Taylor?
Samsung Austin Semiconductor LLC was awarded this consulting contract by City of Taylor, as recorded on December 11, 2025. The contract value is Up to $9,000,000 in reimbursable Development Review Costs (or $5,000,000 if Equipment Threshold not met).
How much is the Samsung Austin Semiconductor LLC contract with City of Taylor worth?
The Samsung Austin Semiconductor LLC contract with City of Taylor is valued at Up to $9,000,000 in reimbursable Development Review Costs (or $5,000,000 if Equipment Threshold not met), covering consulting work.
What type of contract is this?
This is a Consulting contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in City of Taylor Agenda Packet 2025-12-11 (AgendaPacket), dated December 11, 2025 from City of Taylor. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Samsung Austin Semiconductor LLC hold?
Samsung Austin Semiconductor 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 Taylor currently buying?
Explore City of Taylor's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.