CRA redevelopment agreement approved for restaurant project
City of OcalaCity · Ocala, FL- Disclosed value
- $4,000,000 investment; pay period 4 years (grant/redevelopment agreement amount not stated)
- From agenda
- Approved
- Aug 16, 2022
- Term
- 4 years pay period
The 30-second brief
The Ocala CRA Agency Board approved a redevelopment agreement with MRL Restaurant Holdings for a new restaurant project in the Downtown CRA Subarea. The developer is investing approximately $4 million with a four-year pay period as part of the CRA incentive structure.
Mrl Restaurant Holdings holds this contract with City of Ocala.
Term as filed: 4 years pay period.
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Contract details
- Amount
- $4,000,000 investment; pay period 4 years (grant/redevelopment agreement amount not stated)
- Document date
- August 16, 2022
- Term
- 4 years pay period
- Vendor
- Mrl Restaurant Holdings
- Agency
- City of Ocala
- Source document
- ocala_cra_agency_board_agenda_august_2022.pdf (Agenda)
Mrl Restaurant Holdings's other public contracts
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Questions about this contract
Who was awarded the government contract by City of Ocala?
Mrl Restaurant Holdings was awarded this government contract by City of Ocala, as recorded on August 16, 2022. The contract value is $4,000,000 investment; pay period 4 years (grant/redevelopment agreement amount not stated).
How much is the Mrl Restaurant Holdings contract with City of Ocala worth?
The Mrl Restaurant Holdings contract with City of Ocala is valued at $4,000,000 investment; pay period 4 years (grant/redevelopment agreement amount not stated).
What type of contract is this?
This is a government contract, documented as a agenda record.
Where was this contract approved?
This contract appears in ocala_cra_agency_board_agenda_august_2022.pdf (Agenda), dated August 16, 2022 from City of Ocala. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Mrl Restaurant Holdings hold?
Mrl Restaurant Holdings 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 Ocala currently buying?
Explore City of Ocala's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.