Triview Approves Costco Economic Incentive Agreement
- Disclosed value
- 60% of District Sales Tax Collection for 12 years, plus 100% rebates of eligible Drainage Impact Fees and Road and Bridge Fees; projected 12-year incentive of $18,137,901.68 under the 60% taxable-sales scenario
- From resolution
- Approved
- Oct 22, 2026
The 30-second brief
Triview Metropolitan District approved an economic development incentive agreement with Costco Wholesale Corporation for a planned approximately 165,000-square-foot warehouse store. The agreement provides Costco with 60% of eligible District sales-tax collections for 12 years and 100% rebates of eligible drainage impact and road-and-bridge fees; the projected 12-year incentive is $18.14 million under the 60% taxable-sales scenario.
Costco Wholesale Corporation holds this contract with Triview Metropolitan District 3. Its other public contracts on record include work for City of Wylie city and Lake In The Hills Police Department.
Term as filed: 12 years following the Initial Sales Tax Generation Date; Effective Date and Initial Sales Tax Generation Date not specified.
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Contract details
- Amount
- 60% of District Sales Tax Collection for 12 years, plus 100% rebates of eligible Drainage Impact Fees and Road and Bridge Fees; projected 12-year incentive of $18,137,901.68 under the 60% taxable-sales scenario
- Document date
- October 22, 2026
- Term
- 12 years following the Initial Sales Tax Generation Date; Effective Date and Initial Sales Tax Generation Date not specified
- Source document
- Triview Metropolitan District Resolution 2026-12 Economic Development Incentive Agreement with Costco 2026-10-22 (Resolution)
Costco Wholesale Corporation's other public contracts
More Triview Metropolitan District 3 contracts
Questions about this contract
Who was awarded the government contract by Triview Metropolitan District 3?
Costco Wholesale Corporation was awarded this government contract by Triview Metropolitan District 3, as recorded on October 22, 2026. The contract value is 60% of District Sales Tax Collection for 12 years, plus 100% rebates of eligible Drainage Impact Fees and Road and Bridge Fees; projected 12-year incentive of $18,137,901.68 under the 60% taxable-sales scenario.
How much is the Costco Wholesale Corporation contract with Triview Metropolitan District 3 worth?
The Costco Wholesale Corporation contract with Triview Metropolitan District 3 is valued at 60% of District Sales Tax Collection for 12 years, plus 100% rebates of eligible Drainage Impact Fees and Road and Bridge Fees; projected 12-year incentive of $18,137,901.68 under the 60% taxable-sales scenario.
What type of contract is this?
This is a government contract, documented as a resolution record.
Where was this contract approved?
This contract appears in Triview Metropolitan District Resolution 2026-12 Economic Development Incentive Agreement with Costco 2026-10-22 (Resolution), dated October 22, 2026 from Triview Metropolitan District 3. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Costco Wholesale Corporation hold?
Costco Wholesale Corporation 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 Triview Metropolitan District 3 currently buying?
Explore Triview Metropolitan District 3's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.