Waterloo Plans FAM5 Investments Business Park Agreement
- Disclosed value
- $1.00 sale price; Development and Minimum Assessment Agreement in the amount of $2,250,000.00
- From agenda
- Document date
- Nov 2, 2026
- Term
- 5 years at 50% rebates
The 30-second brief
Waterloo plans to consider selling South Waterloo Business Park property to FAM5 Investments for $1.00. The proposed agreement includes a $2.25 million minimum assessment and five years of 50% rebates.
Fam5 Investments LLC holds this contract with City of Waterloo.
Term as filed: 5 years at 50% rebates.
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Contract details
- Amount
- $1.00 sale price; Development and Minimum Assessment Agreement in the amount of $2,250,000.00
- Document date
- November 2, 2026
- Term
- 5 years at 50% rebates
- Vendor
- Fam5 Investments LLC
- Agency
- City of Waterloo
- Source document
- City of Waterloo Agenda Regular Session November 2, 2026 (Agenda)
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Questions about this contract
Who was awarded the government contract by City of Waterloo?
Fam5 Investments LLC was awarded this government contract by City of Waterloo, as recorded on November 2, 2026. The contract value is $1.00 sale price; Development and Minimum Assessment Agreement in the amount of $2,250,000.00.
How much is the Fam5 Investments LLC contract with City of Waterloo worth?
The Fam5 Investments LLC contract with City of Waterloo is valued at $1.00 sale price; Development and Minimum Assessment Agreement in the amount of $2,250,000.00.
What type of contract is this?
This is a government contract, documented as a agenda record.
Where was this contract approved?
This contract appears in City of Waterloo Agenda Regular Session November 2, 2026 (Agenda), dated November 2, 2026 from City of Waterloo. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Fam5 Investments LLC hold?
Fam5 Investments 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 Waterloo currently buying?
Explore City of Waterloo's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.