City of Le Mars Council Meeting Agenda Packet May 19, 2026
City Backs Vision Builders Floyd View Project with Land Incentive
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Description
Le Mars is supporting Vision Builders, Inc.'s Floyd View manufactured home project by authorizing an IEDA Workforce Housing Tax Credit application and providing approximately $320,200 in land price reduction. The development entails an estimated $18.4 million investment for 36 units in two phases.
Contract Details
Contract Amount
$320,200 (value of reduced land sale price)
Vendor
VISION BUILDERS INC
Agency
City of Le Mars, IA
Contract Type
OTHER
Document Date
May 18, 2026
Renewal Info
This is a one-time land price reduction and tax credit support linked to the housing project; no renewal terms described.
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