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Renaissance Zone Tax Exemption Sought for Essentia Clinic

City of Moorhead logoCity of Moorhead
Disclosed value
$8,682,000 (total project cost estimate)
From agendapacket
Document date
Jul 6, 2026

The 30-second brief

What it covers

The Moorhead Economic Development Authority is considering a Renaissance Zone tax exemption request from Innovis Health LLC, doing business as Essentia Health – Moorhead Clinic, for an $8.68 million rehabilitation of the former Wells Fargo Bank at 730 Center Ave. The project would receive a 15-year graduated property tax exemption on the new building value in exchange for creating a full-service healthcare clinic and contributing to downtown revitalization.

Who holds it

Innovis Health LLC holds this contract with City of Moorhead.

What happens next

Term as filed: 15-year Renaissance Zone tax exemption term (Years 1-5 at 100%, Years 6-10 at 75%, Years 11-15 at 50%).

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Contract details

Amount
$8,682,000 (total project cost estimate)
Document date
July 6, 2026
Term
15-year Renaissance Zone tax exemption term (Years 1-5 at 100%, Years 6-10 at 75%, Years 11-15 at 50%)
Vendor
Innovis Health LLC
Agency
City of Moorhead
Source document
Moorhead Economic Development Authority AgendaPacket 2026-07-06 (AgendaPacket)

Innovis Health LLC's other public contracts

City of Moorhead, MinnesotaInnovis Health Granted 15-Year Renaissance Tax Exemption · Jul 13, 2026City of Moorhead, MinnesotaCouncil Considers Tax Exemption for Innovis Health Project · Jul 13, 2026UndisclosedCity of Moorhead, MinnesotaTax Exemption Approved for Innovis Health Project · Jul 13, 2026UndisclosedCity of Moorhead, MinnesotaTax Exemption Approved for Innovis Health Clinic Project · Jul 12, 2026City of Moorhead, MinnesotaRenaissance Zone Tax Exemption Sought for Innovis Project · Jul 12, 2026UndisclosedAll Innovis Health LLC contractsVendor profile

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Questions about this contract

Who was awarded the government contract by City of Moorhead?

Innovis Health LLC was awarded this government contract by City of Moorhead, as recorded on July 6, 2026. The contract value is $8,682,000 (total project cost estimate).

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 $8,682,000 (total project cost estimate).

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Moorhead Economic Development Authority AgendaPacket 2026-07-06 (AgendaPacket), dated July 6, 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.

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