Housing Authority of Sherman Awards Financial Services Contract to Berry Companies Inc (April 2019)
- Disclosed value
- Cash grant equivalent to 50% of sales tax generated over first two years
- From minutes
- Approved
- Apr 15, 2019
- Term
- Two years
The 30-second brief
Sherman City Council approved a Chapter 380 economic development agreement with Berry Companies Inc. to open a construction equipment dealership at 4612 Texoma Parkway. The City will provide a cash grant equal to 50% of the store’s sales tax collections over the first two years in exchange for new jobs and investment.
Berry Companies Inc holds this financial services contract with Housing Authority of Sherman. Its other public contracts on record include work for City of Pittsburg and City of Spring Hill.
Term as filed: Two years.
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Contract details
- Contract type
- Financial Services
- Amount
- Cash grant equivalent to 50% of sales tax generated over first two years
- Document date
- April 15, 2019
- Term
- Two years
- Vendor
- Berry Companies Inc
- Source document
- City of Sherman Council Meeting Minutes April 2019 (Minutes)
Berry Companies Inc's other public contracts
More Housing Authority of Sherman contracts
Questions about this contract
Who was awarded the financial services contract by Housing Authority of Sherman?
Berry Companies Inc was awarded this financial services contract by Housing Authority of Sherman, as recorded on April 15, 2019. The contract value is Cash grant equivalent to 50% of sales tax generated over first two years.
How much is the Berry Companies Inc contract with Housing Authority of Sherman worth?
The Berry Companies Inc contract with Housing Authority of Sherman is valued at Cash grant equivalent to 50% of sales tax generated over first two years, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in City of Sherman Council Meeting Minutes April 2019 (Minutes), dated April 15, 2019 from Housing Authority of Sherman. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Berry Companies Inc hold?
Berry Companies 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.
What is Housing Authority of Sherman currently buying?
Explore Housing Authority of Sherman's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.