St. Landry Parish Awards Financial Services Contract to St. Landry Parish Economic and Industrial Development District (May 2026)

The council authorized the Parish President to execute a PILOT and lease‑purchase agreement with the St. Landry Parish Economic and Industrial Development District to support a major Wal-Mart distribution expansion. The District will serve as the public conduit for the tax‑incentive financing structure tied to the $276 million project.

Scope & details

The full contract record, as filed.

Contract amount

Estimated $276,000,000 investment underlying PILOT; payment structure as in companion Wal-Mart record

Contract type

FINANCIAL_SERVICES

Contract term

Same PILOT term as with Wal-Mart; approximately 10–12 years beginning with construction start (expected 2027)

Renewal

Agreement includes provisions for future review and adjustment of the fixed PILOT payment schedule after roughly 10–12 years based on realized capital investment by Wal-Mart.

Document type

Agenda

Source document

St. Landry Parish Council Agenda 2026-05-20

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by St. Landry Parish?

St. Landry Parish Economic and Industrial Development District was awarded this financial services contract by St. Landry Parish, as recorded on May 20, 2026. The contract value is Estimated $276,000,000 investment underlying PILOT; payment structure as in companion Wal-Mart record.

How much is the St. Landry Parish Economic and Industrial Development District contract with St. Landry Parish worth?

The St. Landry Parish Economic and Industrial Development District contract with St. Landry Parish is valued at Estimated $276,000,000 investment underlying PILOT; payment structure as in companion Wal-Mart record, 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 St. Landry Parish Council Agenda 2026-05-20 (Agenda), dated May 20, 2026 from St. Landry Parish. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does St. Landry Parish Economic and Industrial Development District hold?

St. Landry Parish Economic and Industrial Development District 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 St. Landry Parish Economic and Industrial Development District's profile

What is St. Landry Parish currently buying?

Explore St. Landry Parish's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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