City of Mitchell Awards $330,000 Tax Increment Financing Contract to Mad Garage (October 2024)
City of MitchellCity · IA- Disclosed value
- $330,000
- From meeting minutes
- Approved
- Oct 28, 2024
- Term
- 20 years
The 30-second brief
City approves tax increment financing for MAD Garage relocating to new location. The applicant has 5 years to spend the $330,000 and 20 years to pay it back through the tax increase.
Mad Garage holds this tax increment financing contract with City of Mitchell. Its other public contracts on record include work for city of Mitchell Housing & Redevelopment Comm and Davison County.
Term as filed: 20 years.
See who signed off on this $330K contract.
See who signed offFree account · 30-second setup · No credit card
Contract details
- Contract type
- Tax Increment Financing
- Amount
- $330,000
- Document date
- October 28, 2024
- Term
- 20 years
- Vendor
- Mad Garage
- Agency
- City of Mitchell
- Source document
- city-of-mitchell-meeting-minutes-2024-10-28_d72.pdf (Meeting Minutes)
Mad Garage's other public contracts
More City of Mitchell contracts
Questions about this contract
Who was awarded the tax increment financing contract by City of Mitchell?
Mad Garage was awarded this tax increment financing contract by City of Mitchell, as recorded on October 28, 2024. The contract value is $330,000.
How much is the Mad Garage contract with City of Mitchell worth?
The Mad Garage contract with City of Mitchell is valued at $330,000, covering tax increment financing work.
What type of contract is this?
This is a Tax Increment Financing contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in city-of-mitchell-meeting-minutes-2024-10-28_d72.pdf (Meeting Minutes), dated October 28, 2024 from City of Mitchell. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does Mad Garage hold?
Mad Garage 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 Mitchell currently buying?
Explore City of Mitchell's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.