FINANCIAL_SERVICESAPPROVED

City of San Antonio city Awards Financial Services Contract to Toyota Motor Manufacturing Texas Inc (June 2026)

The City of San Antonio approved a 10‑year 100% real and personal property tax abatement agreement with Toyota Motor Manufacturing, Texas, Inc., valued at roughly $88 million. The incentives support a $2 billion expansion and 2,000 new jobs at the company’s District 3 manufacturing campus.

Status
APPROVED
Document date
June 18, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Toyota Motor Manufacturing Texas Inc
Agency
City of San Antonio city · TX

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
10 year 100% abatement of real and personal ad valorem property taxes, estimated value approximately $88,056,878
Contract type
FINANCIAL_SERVICES
Contract term
10 years, through approximately 12/31/2036, contingent on investment and job creation by 12/31/2031
Renewal date
2036-12-31
Renewal
Single 10‑year Chapter 312 tax abatement term; no renewals identified; agreement includes recapture provisions if investment and job metrics are not achieved by 12/31/2031.
Document type
Agenda
Source document
City of San Antonio Agenda 2026-06-18

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of San Antonio city?

Toyota Motor Manufacturing Texas Inc was awarded this financial services contract by City of San Antonio city, as recorded on June 18, 2026. The contract value is 10 year 100% abatement of real and personal ad valorem property taxes, estimated value approximately $88,056,878.

How much is the Toyota Motor Manufacturing Texas Inc contract with City of San Antonio city worth?

The Toyota Motor Manufacturing Texas Inc contract with City of San Antonio city is valued at 10 year 100% abatement of real and personal ad valorem property taxes, estimated value approximately $88,056,878, 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 San Antonio Agenda 2026-06-18 (Agenda), dated June 18, 2026 from City of San Antonio city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Toyota Motor Manufacturing Texas Inc hold?

Toyota Motor Manufacturing Texas Inc 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 Toyota Motor Manufacturing Texas Inc's profile

What is City of San Antonio city currently buying?

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

View City of San Antonio city's profile

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