CONTRACTPENDING

City Considers NEZ Tax Abatement for Garza Project

Laredo Urban Transportation Study logoLaredo Urban Transportation Study
Disclosed value
Estimated annual tax abatement $14,923.10; estimated total fee waivers $15,185.00
From agenda
Document date
Mar 3, 2025
Term
Ten-year tax abatement period
Renews
Free account

The 30-second brief

What it covers

The City of Laredo is considering a ten-year fee waiver and tax abatement agreement with Roberto Garza for a $2.94 million multi-family project on S. Urbahn Avenue. The Neighborhood Empowerment Zone 2 incentive package includes an estimated $14,923.10 in annual tax relief and $15,185.00 in fee waivers.

Who holds it

Garza, Roberto holds this financial services contract with Laredo Urban Transportation Study. Its other public contracts on record include work for Crystal City Independent School District and Cameron County.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Laredo Urban Transportation Study contract.

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Contract details

Contract type
Financial Services
Amount
Estimated annual tax abatement $14,923.10; estimated total fee waivers $15,185.00
Document date
March 3, 2025
Term
Ten-year tax abatement period
Renews
Free account
Source document
City of Laredo Regular Meeting Agenda 2025-03-03 (Agenda)

Garza, Roberto's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Laredo Urban Transportation Study?

Garza, Roberto was awarded this financial services contract by Laredo Urban Transportation Study, as recorded on March 3, 2025. The contract value is Estimated annual tax abatement $14,923.10; estimated total fee waivers $15,185.00.

How much is the Garza, Roberto contract with Laredo Urban Transportation Study worth?

The Garza, Roberto contract with Laredo Urban Transportation Study is valued at Estimated annual tax abatement $14,923.10; estimated total fee waivers $15,185.00, 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 Laredo Regular Meeting Agenda 2025-03-03 (Agenda), dated March 3, 2025 from Laredo Urban Transportation Study. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Garza, Roberto hold?

Garza, Roberto 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 Laredo Urban Transportation Study currently buying?

Explore Laredo Urban Transportation Study's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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