Civic IQ
CONTRACTAPPROVED
Get alerts

City of Bricelyn Awards $460,000 Tax Increment Financing Contract to L2C (July 2021)

City of Bricelyn
Disclosed value
$460,000
From meeting minutes
Approved
Jul 27, 2021
Term
12 years

The 30-second brief

What it covers

L2C LLC secured Tax Increment Financing of $460,000 over 12 years to develop two 24-unit workforce apartment buildings. The project is anticipated to begin in Spring of 2022 and includes affordable housing.

Who holds it

L2C holds this tax increment financing contract with City of Bricelyn. Its other public contracts on record include work for City of McGrath and Town of Marshall.

What happens next

Term as filed: 12 years.

See who signed off on this $460K contract.

See who signed off

Free account · 30-second setup · No credit card

Contract details

Contract type
Tax Increment Financing
Amount
$460,000
Document date
July 27, 2021
Term
12 years
Vendor
L2C
Agency
City of Bricelyn
Source document
city-of-marshall-meeting-minutes-2021-07-27_eeb.pdf (Meeting Minutes)

L2C's other public contracts

City of McGrath, MinnesotaL2C LLC Receives $460,000 Tax Increment Financing · Feb 22, 2022$460KTown of Marshall, North DakotaTIF approved for L2C LLC development project · Feb 22, 2022$460KCity of Marshall, ArkansasTax increment financing approved for Suite Liv'n · Feb 22, 2022$460KPUBLIC HOUSING COMMISSION OF THE city OF MARSHALL, MinnesotaL2C LLC receives tax increment financing · Feb 22, 2022$460KCity of Marshall, ArkansasL2C LLC TIF approval for 48-unit workforce apartments · Jul 27, 2021$460KAll L2C contractsVendor profile

More City of Bricelyn contracts

ISD299Crossing Guard Agreement Considered with ISD299 · Jul 28, 2025UndisclosedSnopac FoodsSno-Pac Foods land use application approved · Jul 28, 2025UndisclosedCaledonia Wrestling ClubWrestling mats donation approved. · Jul 14, 2025UndisclosedSouthern Minnesota Initiative FoundationSMIF grant opportunities discussion with Aaron Johnson · May 27, 2025UndisclosedDeere & Company (John Deere)Two John Deere mowers for $93,100 in Marshall · Apr 29, 2025$93.1KAll City of Bricelyn activityAgency profile

Questions about this contract

Who was awarded the tax increment financing contract by City of Bricelyn?

L2C was awarded this tax increment financing contract by City of Bricelyn, as recorded on July 27, 2021. The contract value is $460,000.

How much is the L2C contract with City of Bricelyn worth?

The L2C contract with City of Bricelyn is valued at $460,000, covering tax increment financing work.

What type of contract is this?

This is a Tax Increment Financing contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in city-of-marshall-meeting-minutes-2021-07-27_eeb.pdf (Meeting Minutes), dated July 27, 2021 from City of Bricelyn. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does L2C hold?

L2C 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 Bricelyn currently buying?

Explore City of Bricelyn's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

Work in government? Get Civic IQ free →
More City of Bricelyn contracts →Browse all agencies in Minnesota →