CYPRESS WATERS MMD Awards Financial Services Contract to Goldman Sachs & Co. LLC (June 2022)
CYPRESS WATERS MMDUtility District · Fort Worth, TX- Disclosed value
- Business personal property tax abatement: 50% of added value up to estimated $1,381,703.00 over five years; Economic Development Grant up to $4,000,000.00
- From agenda
- Approved
- Jun 22, 2022
The 30-second brief
Dallas City Council approved a five-year business personal property tax abatement and a $4 million Chapter 380 economic development grant for Goldman Sachs & Co. LLC to support job retention and creation at a new downtown office development.
Goldman Sachs & Co. LLC holds this financial services contract with CYPRESS WATERS MMD. Its other public contracts on record include work for Arkansas Development Finance Authority | State of Arkansas and Riverhead Housing Development Corproration.
Term as filed: Tax abatement up to five years; grant term per agreement.
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Contract details
- Contract type
- Financial Services
- Amount
- Business personal property tax abatement: 50% of added value up to estimated $1,381,703.00 over five years; Economic Development Grant up to $4,000,000.00
- Document date
- June 22, 2022
- Term
- Tax abatement up to five years; grant term per agreement
- Vendor
- Goldman Sachs & Co. LLC
- Agency
- CYPRESS WATERS MMD
- Source document
- City of Dallas Council Agenda 2022-06-22 (Agenda)
Goldman Sachs & Co. LLC's other public contracts
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Questions about this contract
Who was awarded the financial services contract by CYPRESS WATERS MMD?
Goldman Sachs & Co. LLC was awarded this financial services contract by CYPRESS WATERS MMD, as recorded on June 22, 2022. The contract value is Business personal property tax abatement: 50% of added value up to estimated $1,381,703.00 over five years; Economic Development Grant up to $4,000,000.00.
How much is the Goldman Sachs & Co. LLC contract with CYPRESS WATERS MMD worth?
The Goldman Sachs & Co. LLC contract with CYPRESS WATERS MMD is valued at Business personal property tax abatement: 50% of added value up to estimated $1,381,703.00 over five years; Economic Development Grant up to $4,000,000.00, 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 Dallas Council Agenda 2022-06-22 (Agenda), dated June 22, 2022 from CYPRESS WATERS MMD. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What is CYPRESS WATERS MMD currently buying?
Explore CYPRESS WATERS MMD's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.