OTHERPENDING

City Considers TIF Agreement for Gabrielson Clinic Expansion

Clear Lake plans to approve a development agreement with CLSC Properties, LLC for the Gabrielson Surgical Clinic expansion, offering a 90% rebate of new property taxes for five years or up to $350,000. The agreement uses annual appropriation tax increment financing to support a $10 million surgical center expansion.

Status
PENDING
Document date
July 20, 2026
Contract type
OTHER
Vendor
Clsc Properties Llc
Agency
City of Clear Lake · IA

Trusted by teams at

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
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 amount
Property tax rebate for 90% of newly generated property taxes for five years or $350,000, whichever comes first
Contract type
OTHER
Contract term
Five (5) years or until $350,000 cap is reached
Renewal
Agreement is structured as a finite TIF rebate ending after five years or when $350,000 in rebates has been paid, whichever occurs first; no additional renewal terms are stated.
Document type
AgendaPacket
Source document
City of Clear Lake AgendaPacket City Council Meeting 2026-07-20

Related contracts

Other contracts from Clsc Properties Llc.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Clear Lake?

Clsc Properties Llc was awarded this government contract by City of Clear Lake, as recorded on July 20, 2026. The contract value is Property tax rebate for 90% of newly generated property taxes for five years or $350,000, whichever comes first.

How much is the Clsc Properties Llc contract with City of Clear Lake worth?

The Clsc Properties Llc contract with City of Clear Lake is valued at Property tax rebate for 90% of newly generated property taxes for five years or $350,000, whichever comes first.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Clear Lake AgendaPacket City Council Meeting 2026-07-20 (AgendaPacket), dated July 20, 2026 from City of Clear Lake. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Clsc Properties Llc hold?

Clsc Properties 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.

View Clsc Properties Llc's profile

What is City of Clear Lake currently buying?

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

View City of Clear Lake's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free