City of Marshalltown Awards $7,250,000 Development Agreement Contract to Shops at Marshalltown (August 2025)
City of MarshalltownCity · Marshalltown, IA- Disclosed value
- $7,250,000
- From resolution
- Approved
- Aug 11, 2025
- Term
- 20 years
The 30-second brief
Shops at Marshalltown LLC receives financial assistance for mall redevelopment. Annual tax increment payments up to $7,250,000 over 20 years, contingent on available increment and annual Council appropriation.
Shops at Marshalltown holds this development agreement contract with City of Marshalltown. Its other public contracts on record include work for city of Marshalltown Rent Assistance Program.
Term as filed: 20 years.
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Contract details
- Contract type
- Development Agreement
- Amount
- $7,250,000
- Document date
- August 11, 2025
- Term
- 20 years
- Vendor
- Shops at Marshalltown
- Agency
- City of Marshalltown
- Source document
- city-of-marshalltown-resolution-approving-development-agreement_f00.pdf (Resolution)
Shops at Marshalltown's other public contracts
More City of Marshalltown contracts
Questions about this contract
Who was awarded the development agreement contract by City of Marshalltown?
Shops at Marshalltown was awarded this development agreement contract by City of Marshalltown, as recorded on August 11, 2025. The contract value is $7,250,000.
How much is the Shops at Marshalltown contract with City of Marshalltown worth?
The Shops at Marshalltown contract with City of Marshalltown is valued at $7,250,000, covering development agreement work.
What type of contract is this?
This is a Development Agreement contract, documented as a resolution record.
Where was this contract approved?
This contract appears in city-of-marshalltown-resolution-approving-development-agreement_f00.pdf (Resolution), dated August 11, 2025 from City of Marshalltown. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Shops at Marshalltown hold?
Shops at Marshalltown 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 Marshalltown currently buying?
Explore City of Marshalltown's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.