CONTRACTAPPROVED

Town of Waterloo Awards $1 Development Agreement Contract to 3 Stooges LLC (June 2025)

Town of Waterloo
Disclosed value
$1.00
From agenda
Approved
Jun 2, 2025
Term
10 years

The 30-second brief

What it covers

3 Stooges, LLC has been granted approval for the sale and conveyance of city-owned property in Waterloo, valued at $1.00, to facilitate a development agreement. The agreement encompasses ten years of 50% tax rebates and a minimum assessment agreement of $3,200,000.00, aiming to support a new industrial building construction.

Who holds it

3 Stooges LLC holds this development agreement contract with Town of Waterloo. Its other public contracts on record include work for City of Waterloo and Waterloo Housing Authority.

What happens next

Term as filed: 10 years.

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Contract details

Contract type
Development Agreement
Amount
$1.00
Document date
June 2, 2025
Term
10 years
Source document
town-of-waterloo-city-council-meeting-agenda-june-2-2025_229.pdf (Agenda)

3 Stooges LLC's other public contracts

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Questions about this contract

Who was awarded the development agreement contract by Town of Waterloo?

3 Stooges LLC was awarded this development agreement contract by Town of Waterloo, as recorded on June 2, 2025. The contract value is $1.00.

How much is the 3 Stooges LLC contract with Town of Waterloo worth?

The 3 Stooges LLC contract with Town of Waterloo is valued at $1.00, covering development agreement work.

What type of contract is this?

This is a Development Agreement contract, documented as a agenda record.

Where was this contract approved?

This contract appears in town-of-waterloo-city-council-meeting-agenda-june-2-2025_229.pdf (Agenda), dated June 2, 2025 from Town of Waterloo. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does 3 Stooges LLC hold?

3 Stooges 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 Town of Waterloo currently buying?

Explore Town of Waterloo's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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