TIG Distributing Receives $1.65M Tax Increment Financing
city of Marshalltown Rent Assistance ProgramLocal Housing Authority · Marshalltown, IA- Disclosed value
- $1,650,000
- From resolution
- Document date
- Sep 22, 2025
The 30-second brief
The City of Marshalltown is proposing an amendment to the urban renewal plan to provide tax increment financing support to TIG Distributing, Inc. for the expansion of its manufacturing facilities and the creation of 50 new jobs. The City's total commitment of incremental property tax revenues will not exceed $1,650,000, plus admin fees of up to $15,000.
Tig Distributing holds this economic development contract with city of Marshalltown Rent Assistance Program. Its other public contracts on record include work for City of Marshalltown.
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Contract details
- Contract type
- Economic Development
- Amount
- $1,650,000
- Document date
- September 22, 2025
- Term
- NA
- Vendor
- Tig Distributing
- Source document
- city-of-marshalltown-resolution-setting-public-hearing-date_639.pdf (Resolution)
Tig Distributing's other public contracts
More city of Marshalltown Rent Assistance Program contracts
Questions about this contract
Who was awarded the economic development contract by city of Marshalltown Rent Assistance Program?
Tig Distributing was awarded this economic development contract by city of Marshalltown Rent Assistance Program, as recorded on September 22, 2025. The contract value is $1,650,000.
How much is the Tig Distributing contract with city of Marshalltown Rent Assistance Program worth?
The Tig Distributing contract with city of Marshalltown Rent Assistance Program is valued at $1,650,000, covering economic development work.
What type of contract is this?
This is a Economic Development contract, documented as a resolution record.
Where was this contract approved?
This contract appears in city-of-marshalltown-resolution-setting-public-hearing-date_639.pdf (Resolution), dated September 22, 2025 from city of Marshalltown Rent Assistance Program. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Tig Distributing hold?
Tig Distributing 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 Marshalltown Rent Assistance Program currently buying?
Explore city of Marshalltown Rent Assistance Program's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.