CONTRACTAPPROVED

City of Locust Grove Awards Financial Services Contract to City of Hampton (July 2026)

City of Locust Grove logoCity of Locust Grove
Disclosed value
1% sales and use tax; share of proceeds 3.55% of net FLOST collections over approximately five years
From agendapacket
Approved
Jul 6, 2026
Renews
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The 30-second brief

What it covers

Locust Grove approved an Intergovernmental Agreement that also includes the City of Hampton to establish a 1% Floating Local Option Sales Tax for property tax relief. Hampton will receive 3.55% of net FLOST proceeds under the five-year agreement, pending voter approval.

Who holds it

City of Hampton holds this financial services contract with City of Locust Grove. Its other public contracts on record include work for Colonial Soil And Water Conservation District and North Iowa Regional Housing Authority.

What happens next

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Contract details

Contract type
Financial Services
Amount
1% sales and use tax; share of proceeds 3.55% of net FLOST collections over approximately five years
Document date
July 6, 2026
Term
Expected January 1, 2027 – December 31, 2032 (five-year FLOST period, with renewal provisions)
Renews
On record
Source document
City of Locust Grove Agenda Packet 2026-07-06 (AgendaPacket)

City of Hampton's other public contracts

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Questions about this contract

Who was awarded the financial services contract by City of Locust Grove?

City of Hampton was awarded this financial services contract by City of Locust Grove, as recorded on July 6, 2026. The contract value is 1% sales and use tax; share of proceeds 3.55% of net FLOST collections over approximately five years.

How much is the City of Hampton contract with City of Locust Grove worth?

The City of Hampton contract with City of Locust Grove is valued at 1% sales and use tax; share of proceeds 3.55% of net FLOST collections over approximately five years, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Locust Grove Agenda Packet 2026-07-06 (AgendaPacket), dated July 6, 2026 from City of Locust Grove. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does City of Hampton hold?

City of Hampton 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 Locust Grove currently buying?

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

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