City of Moorhead Awards Financial Services Contract to Innovis Health LLC (July 2026)
City of MoorheadCity · Moorhead, MN- Disclosed value
- Estimated maximum benefit of approximately $576,000 in property tax exemptions over 15 years
- From agendapacket
- Approved
- Jul 13, 2026
- Renews
- Free account
The 30-second brief
Moorhead City Council approved a 15-year Renaissance Zone property tax exemption for Innovis Health LLC for renovation of the former Wells Fargo building at 730 Center Ave into an Essentia Health clinic. The project involves $8.68 million in investment and is estimated to provide approximately $576,000 in property tax benefits on the new building value.
Innovis Health LLC holds this financial services contract with City of Moorhead.
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Contract details
- Contract type
- Financial Services
- Amount
- Estimated maximum benefit of approximately $576,000 in property tax exemptions over 15 years
- Document date
- July 13, 2026
- Term
- 15 years (Years 1-5 at 100%, Years 6-10 at 75%, Years 11-15 at 50% exemption on new building value)
- Renews
- On record
- Vendor
- Innovis Health LLC
- Agency
- City of Moorhead
- Source document
- Moorhead City Council Agenda Packet 2026-07-13 (AgendaPacket)
Innovis Health LLC's other public contracts
More City of Moorhead contracts
Questions about this contract
Who was awarded the financial services contract by City of Moorhead?
Innovis Health LLC was awarded this financial services contract by City of Moorhead, as recorded on July 13, 2026. The contract value is Estimated maximum benefit of approximately $576,000 in property tax exemptions over 15 years.
How much is the Innovis Health LLC contract with City of Moorhead worth?
The Innovis Health LLC contract with City of Moorhead is valued at Estimated maximum benefit of approximately $576,000 in property tax exemptions over 15 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 Moorhead City Council Agenda Packet 2026-07-13 (AgendaPacket), dated July 13, 2026 from City of Moorhead. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Innovis Health LLC hold?
Innovis Health 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 Moorhead currently buying?
Explore City of Moorhead's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.