FINANCIAL_SERVICESAPPROVED

Lyon County Awards Financial Services Contract to Lock Prop Llc (August 2026)

The Lyon County Board of Commissioners approved a four-year tax abatement for Lock Prop, LLC on increased county property taxes for parcel 27-500001-0. The abatement will cover a declining percentage of increased taxes and is paid annually, contingent on timely tax payments.

Status
APPROVED
Document date
August 3, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Lock Prop Llc
Agency
Lyon County · MN

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
Four-year abatement period beginning two taxes payable years following the year of application, or not more than two years following approval of this resolution, whichever is first
Renewal
Abatement period is fixed at four years with declining percentages and does not explicitly provide for renewal or extension beyond the stated term. Abatement becomes void if property taxes are not paid by due dates.
Document type
Resolution
Source document
Lyon County Resolution A Resolution Approving Tax Abatement for Certain Property Pursuant to Minn. Stat. § 469.1813 2026-08-04

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Lyon County?

Lock Prop Llc was awarded this financial services contract by Lyon County, as recorded on August 3, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record.

Where was this contract approved?

This contract appears in Lyon County Resolution A Resolution Approving Tax Abatement for Certain Property Pursuant to Minn. Stat. § 469.1813 2026-08-04 (Resolution), dated August 3, 2026 from Lyon County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Lock Prop Llc hold?

Lock Prop 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.

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