Moorhead City Council Meeting Agenda April 27 2026
Council OKs Tax Break for Red River MotorWerks Expansion
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Description
Moorhead City Council approved a three-year commercial property tax exemption for Werks Properties LLC, leasing to Red River MotorWerks LLC, to build an 8,100-square-foot automotive sales facility at 2419 2nd Avenue North. The incentive is projected to provide up to $46,560 in property tax relief tied to new building value and job creation.
Contract Details
Contract Amount
Maximum estimated $46,560 in property tax exemptions over 3 years
Vendor
WERKS PROPERTIES LLC
Agency
City of Moorhead, IA
Contract Type
FINANCIAL_SERVICES
Document Date
April 27, 2026
Contract Term
3 years (based on projected new building taxable value and FTE jobs)
Renewal Date
2030-12-31
Renewal Info
Exemption term determined by new building value and FTE jobs; estimated to qualify for a 3-year term. No renewals beyond this schedule are described.
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