Tulsa Technology Center Awards Financial Services Contract to Quartz Mountain Properties LLC (September 2025)
- Disclosed value
- Initial PILOT: $1,500,000 annually for first data center (Phase 1), increasing 1% per year; additional data centers’ initial PILOT indexed to 2025 CPI; additional $500,000 Community Investment Payment annually for first data center
- From agreement
- Approved
- Sep 29, 2025
- Renews
- Free account
The 30-second brief
Tulsa County and associated taxing entities approved a Local Development Act Tax Incentive Agreement with Quartz Mountain Properties, LLC for a multi-phase data center project, granting 25-year 100% ad valorem exemptions on new qualifying investment in four Incentive Districts. In exchange, the company will make escalating PILOT payments starting at $1.5 million for the first data center and indexed payments for subsequent facilities, plus $500,000 in annual community investment payments for the first data center to support nearby infrastructure.
Quartz Mountain Properties LLC holds this financial services contract with Tulsa Technology Center. Its other public contracts on record include work for Owasso Public Schools and Tulsa County.
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Contract details
- Contract type
- Financial Services
- Amount
- Initial PILOT: $1,500,000 annually for first data center (Phase 1), increasing 1% per year; additional data centers’ initial PILOT indexed to 2025 CPI; additional $500,000 Community Investment Payment annually for first data center
- Document date
- September 29, 2025
- Term
- Each Incentive District Exemption effective for 25 tax years from its Exemption Effective Date; Agreement term runs until final Payment Date for the final Exemption Year of any Incentive District Term
- Renews
- Free account
- Agency
- Tulsa Technology Center
- Source document
- Tulsa County Agreement Local Development Act Tax Incentive Agreement 2025-09-29 (Agreement)
Quartz Mountain Properties LLC's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Tulsa Technology Center?
Quartz Mountain Properties LLC was awarded this financial services contract by Tulsa Technology Center, as recorded on September 29, 2025. The contract value is Initial PILOT: $1,500,000 annually for first data center (Phase 1), increasing 1% per year; additional data centers’ initial PILOT indexed to 2025 CPI; additional $500,000 Community Investment Payment annually for first data center.
How much is the Quartz Mountain Properties LLC contract with Tulsa Technology Center worth?
The Quartz Mountain Properties LLC contract with Tulsa Technology Center is valued at Initial PILOT: $1,500,000 annually for first data center (Phase 1), increasing 1% per year; additional data centers’ initial PILOT indexed to 2025 CPI; additional $500,000 Community Investment Payment annually for first data center, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agreement record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Tulsa County Agreement Local Development Act Tax Incentive Agreement 2025-09-29 (Agreement), dated September 29, 2025 from Tulsa Technology Center. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Quartz Mountain Properties LLC hold?
Quartz Mountain Properties LLC 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 Tulsa Technology Center currently buying?
Explore Tulsa Technology Center's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.