Economic Development Grantpending
city-of-le-mars-city-council-regular-meeting-agenda-june-3-2025_fc8.pdf
Economic Development Agreement Approved for Commercial Park
Maximum $210,000 annually for 2 yearsCity of Le MarsLBICJune 3, 2025
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Description
Motion to approve the Economic Development Agreement for a grant equal to interest payments on a loan secured by the LBIC for commercial park development. Financial impact is a maximum of $210,000 annually for 2 years.
Contract Details
Contract Amount
Maximum $210,000 annually for 2 years
Vendor
LBIC
Agency
City of Le Mars, IA
Contract Type
Economic Development Grant
Document Date
June 3, 2025
Contract Term
2 years
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