Stuart Approves $2.25 Million TravelAmerica TIF

The Stuart City Council approved Central Mart I, L.L.C.’s tax increment financing application for the proposed TravelAmerica development. Assistance will be capped at $2.25 million over 20 years, subject to negotiation of a development agreement and performance-based terms.

Document date · August 10, 2026

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Scope & details

The full contract record, as filed.

Contract amount

Capped at $2,250,000.00 over 20 years

Contract type

OTHER

Contract term

20 years; development agreement to be negotiated

Renewal date

2046-08-10

Renewal

Proposed 20-year tax rebate arrangement; development agreement and minimum assessment agreement terms remain subject to negotiation.

Document type

Minutes

Source document

Stuart City Council Minutes 2026-08-10

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Stuart City Council Agenda January 2026

PENDING

City of Stuart, IowaJan 13, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Stuart?

Central Mart I Llc was awarded this government contract by City of Stuart, as recorded on August 10, 2026. The contract value is Capped at $2,250,000.00 over 20 years.

How much is the Central Mart I Llc contract with City of Stuart worth?

The Central Mart I Llc contract with City of Stuart is valued at Capped at $2,250,000.00 over 20 years.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Stuart City Council Minutes 2026-08-10 (Minutes), dated August 10, 2026 from City of Stuart. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Central Mart I Llc hold?

Central Mart I 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.

View Central Mart I Llc's profile

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