Hotel Tax Allocation to Industrial Development Corp

Union City approved the first reading of Ordinance 292-27 to allocate 42% of FY 2026-2027 hotel/motel tax receipts to the Obion County Industrial Development Corporation. The appropriation supports economic development and offsets the city's costs for tax collection and auditing.

Document date · June 16, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Fiscal Year 2026-2027

Renewal

Annual appropriation tied to hotel/motel tax receipts for each fiscal year; subject to future ordinances.

Document type

Minutes

Source document

Union City Minutes Union City - City Council Meeting 2026-06-16

Related contracts

Other contracts from Obion County Industrial Development Corporation.

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City of Union City Agenda Special Called City Council Meeting 2026-06-29

PENDING

City of Union, TennesseeJun 29, 2026

Union City City Council Minutes 2026-06-29

APPROVED

City of Union, TennesseeJun 29, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

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

Obion County Industrial Development Corporation was awarded this financial services contract by City of Union, as recorded on June 16, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Union City Minutes Union City - City Council Meeting 2026-06-16 (Minutes), dated June 16, 2026 from City of Union. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Obion County Industrial Development Corporation hold?

Obion County Industrial Development Corporation 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 Obion County Industrial Development Corporation's profile

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