TIF rebate payment made to Foutch Brothers LLC
City of AlgonaCity · Algona, IA- Disclosed value
- $43,079 rebate payment in FY 2024 (amount varies annually)
- From report
- Document date
- Jan 1, 2024
- Renews
- Free account
The 30-second brief
In FY 2024, Algona paid a $43,079 TIF rebate to Foutch Brothers LLC under the FB Algona project agreement, with total rebates projected to continue through FY 2033. The payments support infrastructure and building improvements for a commercial apartment development.
Foutch Brothers LLC holds this financial services contract with City of Algona.
The renewal date is on record. A free account shows it, with the renewals for every City of Algona contract.
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Contract details
- Contract type
- Financial Services
- Amount
- $43,079 rebate payment in FY 2024 (amount varies annually)
- Document date
- January 1, 2024
- Term
- FY 2018 – FY 2033 (projected final FY of rebate)
- Renews
- Free account
- Vendor
- Foutch Brothers LLC
- Agency
- City of Algona
- Source document
- algona_city_annual_urban_renewal_report_fy_2023_20.pdf (Report)
Foutch Brothers LLC's other public contracts
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Questions about this contract
Who was awarded the financial services contract by City of Algona?
Foutch Brothers LLC was awarded this financial services contract by City of Algona, as recorded on January 1, 2024. The contract value is $43,079 rebate payment in FY 2024 (amount varies annually).
How much is the Foutch Brothers LLC contract with City of Algona worth?
The Foutch Brothers LLC contract with City of Algona is valued at $43,079 rebate payment in FY 2024 (amount varies annually), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a report record.
Where was this contract approved?
This contract appears in algona_city_annual_urban_renewal_report_fy_2023_20.pdf (Report), dated January 1, 2024 from City of Algona. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Foutch Brothers LLC hold?
Foutch Brothers 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.
What is City of Algona currently buying?
Explore City of Algona's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.