Fig's Steakhouse gets Annexation Rebate approved
City of ToolCity · TX- Disclosed value
- $500,000.00
- From meeting minutes
- Document date
- Feb 10, 2025
- Term
- Varies
The 30-second brief
City of Tool approves Chapter 380 Economic Incentive Agreement for Fig's Steakhouse, offering sales tax rebates. Agreement includes 100% rebate for first four years, then 50% rebate until $500,000 is reached, aimed at boosting local economy.
Figs Steakhouse holds this economic incentive agreement contract with City of Tool.
Term as filed: Varies.
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Contract details
- Contract type
- Economic Incentive Agreement
- Amount
- $500,000.00
- Document date
- February 10, 2025
- Term
- Varies
- Vendor
- Figs Steakhouse
- Agency
- City of Tool
- Source document
- city-of-toolmeeting-minutes2025-02-10_c86.pdf (Meeting Minutes)
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Questions about this contract
Who was awarded the economic incentive agreement contract by City of Tool?
Figs Steakhouse was awarded this economic incentive agreement contract by City of Tool, as recorded on February 10, 2025. The contract value is $500,000.00.
How much is the Figs Steakhouse contract with City of Tool worth?
The Figs Steakhouse contract with City of Tool is valued at $500,000.00, covering economic incentive agreement work.
What type of contract is this?
This is a Economic Incentive Agreement contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in city-of-toolmeeting-minutes2025-02-10_c86.pdf (Meeting Minutes), dated February 10, 2025 from City of Tool. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Figs Steakhouse hold?
Figs Steakhouse 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 Tool currently buying?
Explore City of Tool's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.