Town of Waterloo Awards $24,538,570 Development Agreement Contract to Crystal Distribution Services (March 2025)
Town of WaterlooCity · OR- Disclosed value
- $24,538,570.00
- From agenda
- Approved
- Mar 3, 2025
- Term
- 15 years
The 30-second brief
Waterloo approves a Development Agreement with Crystal Distribution Services, Inc. The agreement includes a Minimum Assessment Agreement of $24,538,570.00 with a 70% property tax rebate for 15 years. Additionally, a $137,000.00 economic development grant has been approved for the company's expansion project.
Crystal Distribution Services holds this development agreement contract with Town of Waterloo. Its other public contracts on record include work for Waterloo Housing Authority and Town of Waterloo town.
Term as filed: 15 years.
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Contract details
- Contract type
- Development Agreement
- Amount
- $24,538,570.00
- Document date
- March 3, 2025
- Term
- 15 years
- Agency
- Town of Waterloo
- Source document
- town-of-waterloo-agenda-2025-03-03_2fa.pdf (Agenda)
Crystal Distribution Services's other public contracts
More Town of Waterloo contracts
Questions about this contract
Who was awarded the development agreement contract by Town of Waterloo?
Crystal Distribution Services was awarded this development agreement contract by Town of Waterloo, as recorded on March 3, 2025. The contract value is $24,538,570.00.
How much is the Crystal Distribution Services contract with Town of Waterloo worth?
The Crystal Distribution Services contract with Town of Waterloo is valued at $24,538,570.00, covering development agreement work.
What type of contract is this?
This is a Development Agreement contract, documented as a agenda record.
Where was this contract approved?
This contract appears in town-of-waterloo-agenda-2025-03-03_2fa.pdf (Agenda), dated March 3, 2025 from Town of Waterloo. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Crystal Distribution Services hold?
Crystal Distribution Services 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 Town of Waterloo currently buying?
Explore Town of Waterloo's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.