City of Orange City AgendaPacket Council Meeting 2026-06-01
Rock Solid Rentals LLC Granted 10-Year Tax Abatement for Housing Project
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Description
The City Council approved a ten-year 100% property tax abatement as a local match for Rock Solid Rentals, LLC's 4-plex housing development, supporting their state Workforce Housing Tax Incentive application.
Contract Details
Contract Amount
Ten-year 100% property tax abatement (value depends on project assessment)
Vendor
ROCK SOLID RENTALS LLC
Agency
City of Orange, IA
Contract Type
OTHER
Document Date
June 1, 2026
Contract Term
10 years (tax abatement, 2026–2036)
Renewal Date
2036-06-01
Renewal Info
Abatement is for a fixed 10-year term and is not renewable.
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