City of Marshalltown Awards $7,250,000 Economic Development Tax Increment Payments Contract to City of Marshalltown (January 2025)
City of MarshalltownCity · Marshalltown, IA- Disclosed value
- $7,250,000
- From agreement
- Approved
- Jan 1, 2025
- Term
- December 1, 2028 – June 1, 2048
The 30-second brief
City of Marshalltown to pay up to $7.25 million in tax increment payments to Shops at Marshalltown, LLC from December 1, 2028 through June 1, 2048.
City of Marshalltown holds this economic development tax increment payments contract with City of Marshalltown. Its other public contracts on record include work for City of West Des Moines and Marshall County.
Term as filed: December 1, 2028 – June 1, 2048.
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Contract details
- Contract type
- Economic Development Tax Increment Payments
- Amount
- $7,250,000
- Document date
- January 1, 2025
- Term
- December 1, 2028 – June 1, 2048
- Vendor
- City of Marshalltown
- Agency
- City of Marshalltown
- Source document
- city-of-marshalltown-development-agreement_eba.pdf (Agreement)
City of Marshalltown's other public contracts
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Questions about this contract
Who was awarded the economic development tax increment payments contract by City of Marshalltown?
City of Marshalltown was awarded this economic development tax increment payments contract by City of Marshalltown, as recorded on January 1, 2025. The contract value is $7,250,000.
How much is the City of Marshalltown contract with City of Marshalltown worth?
The City of Marshalltown contract with City of Marshalltown is valued at $7,250,000, covering economic development tax increment payments work.
What type of contract is this?
This is a Economic Development Tax Increment Payments contract, documented as a agreement record.
Where was this contract approved?
This contract appears in city-of-marshalltown-development-agreement_eba.pdf (Agreement), dated January 1, 2025 from City of Marshalltown. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does City of Marshalltown hold?
City of Marshalltown 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 Marshalltown currently buying?
Explore City of Marshalltown's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.