FINANCIAL_SERVICESONGOING

CRA Uses Clocktower to Broker Tax Credit Sale

The Palmetto CRA is utilizing Clocktower Tax Credits as its broker to sell Florida Voluntary Cleanup Tax Credits, resulting in $292,583 in proceeds. The CRA plans to use the funds to cover brokerage fees and support local redevelopment projects including Detwiler’s incentives and the Women’s Club renovation.

Status
ONGOING
Document date
April 6, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Clocktower Tax Credits
Agency
City of Palmetto · FL

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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
Brokerage fee funded from $292,583 tax credit sale proceeds (exact fee not stated)
Contract type
FINANCIAL_SERVICES
Renewal
No explicit renewal terms described; appears to be an engagement for this and potentially similar tax credit sales.
Document type
Agenda
Source document
City of Palmetto Commission Meeting Agenda April 6, 2026

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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 Palmetto?

Clocktower Tax Credits was awarded this financial services contract by City of Palmetto, as recorded on April 6, 2026. The contract value is Brokerage fee funded from $292,583 tax credit sale proceeds (exact fee not stated).

How much is the Clocktower Tax Credits contract with City of Palmetto worth?

The Clocktower Tax Credits contract with City of Palmetto is valued at Brokerage fee funded from $292,583 tax credit sale proceeds (exact fee not stated), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Palmetto Commission Meeting Agenda April 6, 2026 (Agenda), dated April 6, 2026 from City of Palmetto. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Clocktower Tax Credits hold?

Clocktower Tax Credits 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 Clocktower Tax Credits's profile

What is City of Palmetto currently buying?

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

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