FINANCIAL_SERVICESPENDING

City Proposes $350K TIF Agreement with CLSC Properties

Clear Lake is proposing a development agreement with CLSC Properties, LLC to support expansion of the Gabrielson Surgical Clinic through incremental property tax rebates not to exceed $350,000. The agreement would run from a 2026 commencement date with semiannual payments scheduled through June 1, 2034, subject to annual council appropriation.

Status
PENDING
Document date
July 6, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Clsc Properties Llc
Agency
City of Clear Lake · IA

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $350,000 (incremental property tax payments)
Contract type
FINANCIAL_SERVICES
Contract term
Commencement in 2026 through June 1, 2034, or until $350,000 maximum payment total is reached
Renewal date
2034-06-01
Renewal
Initial development agreement providing up to $350,000 in semiannual tax increment payments; no automatic renewals described, agreement ends by June 1, 2034 or when the maximum payment total is reached.
Document type
AgendaPacket
Source document
Clear Lake City Council Agenda Packet 2026-07-06

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Clear Lake?

Clsc Properties Llc was awarded this financial services contract by City of Clear Lake, as recorded on July 6, 2026. The contract value is Not to exceed $350,000 (incremental property tax payments).

How much is the Clsc Properties Llc contract with City of Clear Lake worth?

The Clsc Properties Llc contract with City of Clear Lake is valued at Not to exceed $350,000 (incremental property tax payments), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

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

What other contracts does Clsc Properties Llc hold?

Clsc Properties 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 Clsc Properties Llc's profile

What is City of Clear Lake currently buying?

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

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