CONTRACTAPPROVED

City of Lockhart Awards $1,800,000 Economic Development Performance Agreement Contract to Lockhart Hospitality (January 2025)

Disclosed value: $1,800,000; From resolution
Approved: Jan 23, 2025

What it covers

Lockhart Hospitality, LLC will receive up to $1,800,000 in incentives to construct a $10,000,000 hotel. Building permits must be obtained by August 31, 2025, and the hotel must be operational by December 30, 2027.

Who holds it

Lockhart Hospitality holds this economic development performance agreement contract with City of Lockhart.

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Contract details

Contract type: Economic Development Performance Agreement
Amount: $1,800,000
Document date: January 23, 2025
Term: NA
Vendor: Lockhart Hospitality
Agency: City of Lockhart
Source document: city-of-lockhart-resolution-no-2025-02-amendment_09e.pdf (Resolution)

Lockhart Hospitality's other public contracts

City of Lockhart, TexasIncentive agreement extension with Lockhart Hospitality · Jan 23, 2025Undisclosed City of Lockhart, TexasLockhart Hospitality Extends Hotel Completion Date · Jan 23, 2025Undisclosed City of Lockhart, TexasLockhart Hospitality Receives $1.8M Incentive for Hotel Project · Jan 23, 2025$1.8M City of Lockhart, TexasLockhart Extends Hotel Incentive Agreement. · Jan 23, 2025Undisclosed City of Lockhart, TexasLockhart Hospitality Receives $1.8M Incentive, Timeline Extension · Jan 23, 2025$1.8M All Lockhart Hospitality contractsVendor profile

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Questions about this contract

Who was awarded the economic development performance agreement contract by City of Lockhart?

Lockhart Hospitality was awarded this economic development performance agreement contract by City of Lockhart, as recorded on January 23, 2025. The contract value is $1,800,000.

How much is the Lockhart Hospitality contract with City of Lockhart worth?

The Lockhart Hospitality contract with City of Lockhart is valued at $1,800,000, covering economic development performance agreement work.

What type of contract is this?

This is a Economic Development Performance Agreement contract, documented as a resolution record.

Where was this contract approved?

This contract appears in city-of-lockhart-resolution-no-2025-02-amendment_09e.pdf (Resolution), dated January 23, 2025 from City of Lockhart. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Lockhart Hospitality hold?

Lockhart Hospitality 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 Lockhart currently buying?

Explore City of Lockhart's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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