Mansfield Considers $8 Million Incentive for Costco Development

The City of Mansfield is considering a Chapter 380 Agreement with Costco Wholesale Corporation, providing up to $8 million in economic incentives over 10 years. This includes up to $1.5 million for off-site infrastructure and 50% of the city's 1% general fund sales tax from the property. In return, Costco is expected to generate a minimum of $40 million in annual taxable sales and invest $25 million in infrastructure, construction, and equipment.

Document date · May 12, 2025

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Scope & details

The full contract record, as filed.

Contract amount

$8,000,000

Contract type

Chapter 380 Agreement

Contract term

10 years

Document type

Resolution

Source document

city-of-mansfield-resolution-may-12-2025_7d3.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the chapter 380 agreement contract by City of Mansfield city?

Costco Wholesale Corp was awarded this chapter 380 agreement contract by City of Mansfield city, as recorded on May 12, 2025. The contract value is $8,000,000.

How much is the Costco Wholesale Corp contract with City of Mansfield city worth?

The Costco Wholesale Corp contract with City of Mansfield city is valued at $8,000,000, covering chapter 380 agreement work.

What type of contract is this?

This is a Chapter 380 Agreement contract, documented as a resolution record.

Where was this contract approved?

This contract appears in city-of-mansfield-resolution-may-12-2025_7d3.pdf (Resolution), dated May 12, 2025 from City of Mansfield city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Costco Wholesale Corp hold?

Costco Wholesale Corp 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 Costco Wholesale Corp's profile

What is City of Mansfield city currently buying?

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

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