Bonham TIRZ Agreement Requires Fannin County Contributions
Fannin CountyCounty · TX- Disclosed value
- Fifty percent (50%) of the County's Tax Increment; estimated cumulative contribution of $28,827,370 over 30 years
- From agreement
- Approved
- Jun 8, 2026
- Renews
- Free account
The 30-second brief
The City of Bonham entered into an agreement with Fannin County for participation in Tax Increment Reinvestment Zone Number Three. Fannin County will contribute 50% of its annual tax increment, estimated at $28.8 million over the 30-year term, to help fund approximately $70 million in public improvements.
Fannin County holds this contract with Fannin County. Its other public contracts on record include work for Grayson County and Tarrant County.
The renewal date is on record. A free account shows it, with the renewals for every Fannin County contract.
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Contract details
- Amount
- Fifty percent (50%) of the County's Tax Increment; estimated cumulative contribution of $28,827,370 over 30 years
- Document date
- June 8, 2026
- Term
- Effective upon execution by both parties through the earlier of December 31, 2056, an earlier ordinance-designated termination date, or full payment of all TIF District project costs
- Renews
- Free account
- Vendor
- Fannin County
- Agency
- Fannin County
- Source document
- City of Bonham Agreement Agreement to Participate in Tax Increment Reinvestment Zone Number Three, City of Bonham, Texas 2026-06-08 (Agreement)
Fannin County's other public contracts
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Questions about this contract
Who was awarded the government contract by Fannin County?
Fannin County was awarded this government contract by Fannin County, as recorded on June 8, 2026. The contract value is Fifty percent (50%) of the County's Tax Increment; estimated cumulative contribution of $28,827,370 over 30 years.
How much is the Fannin County contract with Fannin County worth?
The Fannin County contract with Fannin County is valued at Fifty percent (50%) of the County's Tax Increment; estimated cumulative contribution of $28,827,370 over 30 years.
What type of contract is this?
This is a government contract, documented as a agreement record.
Where was this contract approved?
This contract appears in City of Bonham Agreement Agreement to Participate in Tax Increment Reinvestment Zone Number Three, City of Bonham, Texas 2026-06-08 (Agreement), dated June 8, 2026 from Fannin County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Fannin County hold?
Fannin County 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 Fannin County currently buying?
Explore Fannin County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.